Bank of England hikes interest rates by 25 basis points to 4.25% March 23, 2023 LONDON, UK: The Bank of England on Thursday hiked interest rates by 25 basis points as it grapples with persistent high inflation. The Monetary…
Federal Aviation Administration announces measures to avoid disruptions at airports March 23, 2023 The Federal Aviation Administration (FAA) has announced measures to avoid disruptions at airports serving New York City and Washington D.C. this summer. The agency…
Japan Airlines will buy 21 Boeing 737 MAX jets for $2.5bn March 23, 2023 Japan Airlines (JAL) has announced to buy 21 Boeing 737 MAX to replenish its narrowbody fleet. Japan Airlines Co., Ltd., also known as JAL…
General Motors to discontinue production of the Chevrolet Camaro in 2024 March 22, 2023 General Motors (GM) will end production of the Chevrolet Camaro form early next year, as the automaker transitions to all-electric vehicles. The automaker did…
Ford has unveiled its mid-sized electric Explorer SUV March 22, 2023 Ford has unveiled its mid-sized electric Explorer SUV, a remake of its iconic and best-selling Explorer SUV. The model has been built on Volkswagen’s…
Unleash Digital with Everything as a Service March 22, 2023 Themed “Unleash Digital with Everything as a Service”, the second Huawei Cloud Summit Middle East & Africa kicked off in Dubai on March 21….
Retail apocalypse: Bed Bath & Beyond is closing 400 stores March 21, 2023 Bed Bath & Beyond is closing 400 stores as it tries to stave off bankruptcy. Bed Bath & Beyond has fallen to the “retail…
U.S. homes sales rise 14.5% in February 2023 March 21, 2023 Sales of existing homes in United States rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association…
Amazon.com Inc announces another 9,000 jobs cut March 20, 2023 Amazon.com Inc on Monday said it would cut another 9,000 jobs totaling 27,000 job cuts in recent months. In a note to staff posted…
Flagstar Bank will purchase deposits, loans and branches from recently closed Signature Bank March 20, 2023 Flagstar Bank, a subsidiary of New York Community Bancorp, has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC), to purchase deposits…