Shares rose more than 2% before the market open. Photo: Bloomberg Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers. Board Chair Larry Kellner has also told the company he doesn’t plan… Continue reading Boeing CEO Dave Calhoun to step down this year, board chairman to exit | World News
Tag: year
Space World plans to connect data centres in 7 major cities in a year | Company News
The Space World group plans to connect all data centres in seven major cities with an optical fibre network in less than a year, founder and chairman Ankit Goel (right) told Business Standard. Space World subsidiary Constl, a fibre-based digital infrastructure provider, is rolling out the largest network of neutral, point-to-point optical… Continue reading Space World plans to connect data centres in 7 major cities in a year | Company News
Opinion: Resolutions aren’t the key to a happier new year. Here’s where to start
We tend to look to the new year as a new beginning, as an opportunity for a fresh start. Aspiring for something different, something better, we devise resolutions in hopes of making ourselves healthier, more productive, more successful … but really, the end goal is to be happier: to feel satisfied rather than wanting at… Continue reading Opinion: Resolutions aren’t the key to a happier new year. Here’s where to start
Fitness challenges for the new year: long walks, steep hikes
Channel your inner adventurer. You may have seen “Nyad,” the Netflix film about Diana Nyad, in which the American distance swimmer (played by Annette Bening) swims to Florida from Cuba outside the protective confines of a shark cage — at age 64. “I don’t believe in imposed limitations,” she says matter-of-factly in one scene. And… Continue reading Fitness challenges for the new year: long walks, steep hikes
Mitch Marsh handed command of Australian T20 side in pre-World Cup year
Cricket Australia appointed Mitchell Marsh as the new captain of the T20 international (T20) side. He has replaced Aaron Finch who resigned after being unable to defend the title at home during the T20 World Cup 2022. Since the World Cup, Australia will be playing their first set of T20Is when they tour South… Continue reading Mitch Marsh handed command of Australian T20 side in pre-World Cup year
RIL pushes production timeline for battery packs by a year to 2024
The timeline for the production of battery packs by the oil-to-telecom conglomerate, Reliance Industries Limited (RIL), has been pushed back from 2023 to 2024, details in the company’s latest annual report suggest. In the annual report for the financial year 2023, released on Sunday, the commencement of battery pack production is listed under… Continue reading RIL pushes production timeline for battery packs by a year to 2024
Smartphone sales may contract this year again, improved quality to blame
Another reason for the dip in sales is that users are holding on to their devices much longer than earlier, Photo: Bloomberg India’s smartphone market going through a tough phase as the sales are set to contract for the second year in a row, Mint has reported. This is the first time that the sales… Continue reading Smartphone sales may contract this year again, improved quality to blame
Investors in India see yet another year of high rates on price shock
By Subhadip Sircar and Malavika Kaur Makol Traders in India are pushing back rate-cut bets to later next year as a sudden spike in food prices may send inflation above the central bank’s tolerance limit. Overnight-indexed swaps show that India’s borrowing costs are likely to decline only in the second… Continue reading Investors in India see yet another year of high rates on price shock
Paddy acreage up 3.4% from last year, 28.30 mn hectares brought under crop
Paddy sowing picked up pace during the week ended August 4, with nearly 28.30 million hectares brought under the crop, up 3.40 per cent from the same period last year. Nearly 71 per cent of the usual area has been covered this season. Paddy is sown in around 40 million hectares across the… Continue reading Paddy acreage up 3.4% from last year, 28.30 mn hectares brought under crop
ECB’s Philip lane sees inflation slowing significantly later this year
European Central Bank Chief Economist Philip Lane. (Photo: Bloomberg) By Jana Randow European Central Bank Chief Economist Philip Lane is confident that inflation in the 20-nation euro zone will retreat markedly in the coming months, adding to evidence that interest rates are close to their peak. While price pressures won’t hit… Continue reading ECB’s Philip lane sees inflation slowing significantly later this year