Half Mag / Half Zine
Boeing (BA.N) said on Saturday it was in advanced talks to sell a cargo version of its future 777X jetliner jet while Airbus predicted an A350 freighter deal soon, as aerospace giants eye a post-pandemic boom in e-commerce. Boeing also indicated it was nearing the end of production snags on the 787 Dreamliner, but reiterated…
Read More “Jetmakers push freighters as industry gathers in Dubai” »
Nigerian regional airline Ibom Air is close to a deal to buy at least 10 A220 jets from European planemaker Airbus, delegates at the Dubai Airshow said on Sunday. One industry source said the deal could extend up to 20 aircraft. Airbus declined comment. The airline could not immediately be reached for comment.
A fire at Pertamina’s refinery complex in Cilacap, Central Java province, has been fully extinguished without disrupting production activity, the chief executive of the Indonesian energy company said on Sunday. The fire started around 7:20 p.m. (1220 GMT) on Saturday at a fuel storage unit. Amateur videos broadcast by local media showed a large blaze…
Read More “Fire at Indonesia’s Pertamina refinery complex extinguished” »
Tesla (TSLA.O) CEO Elon Musk said Saturday the result of his sale of nearly $7 billion worth of Tesla shares this week was “closer to tax maximization than minimization.” Musk was responding to a Twitter commenter who said Musk would end up with more Tesla shares if he sold options instead of shares. “A careful…
Read More “Tesla’s Musk says stock sale impact ‘closer to tax maximization’” »
Airbus (AIR.PA) shaved its forecast for total commercial airplane demand by 0.5% compared with pre-pandemic projections on Saturday, offset by a brighter outlook for freighters as jetmakers fight for inaugural sales of new cargo planes. Airbus updated the widely watched forecast on the eve of the Dubai Airshow, where a battered aviation industry is reeling…
Read More “Airbus shaves 20-year demand forecast, sees faster replacements” »
Union leaders representing 50,000 nurses and other U.S. medical staff reached a tentative agreement with Kaiser Permanente on Saturday, averting a strike that could have disrupted patient care at hospitals. Thousands of employees at Kaiser Permanente in Oregon, California, Colorado and other states had threatened to walkout on Monday over the medical network’s plan to…
Read More “Kaiser Permanente averts strike, reaches deal with U.S. healthcare workers” »
Toshiba Corp’s (6502.T) biggest investor Effissimo Capital Management said on Saturday it has not decided whether to support plans outlined by the Japanese industrial conglomerate to split into three companies. Toshiba outlined plans on Friday to split into three companies in an attempt to appease activist shareholders calling for a radical overhaul of the Japanese…
Read More “Toshiba’s top shareholder says undecided whether to support breakup” »
