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Comac: The Chinese planemaker taking on Boeing and Airbus
“In the future we welcome all newcomers. We are keen to see more competition. Comac has got its certification process to go through and at some point in the 2030s, we see that it will be an offering that would be attractive to ourselves and other carriers,” Mike Szucs, chief executive of low-cost Philippines carrier…
Which countries do business with Iran and what could new US tariffs mean?
Jemma Crewand Faarea Masud,Business reporters EPA/Shutterstock US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. It comes as Iran cracks down on anti-government protests, with thousands of people feared dead. Trump has used the threat of tariffs before to exert pressure on…
Porsche shares plunge after announcing EV rollout delay
Porsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV) rollout will dent the carmaker’s 2025 earnings. Caught between electrification and its iconic petrol-powered sports cars, the German firm said it will slow its push for EVs as demand weakens. Shares of its parent Volkswagen…
People admit to secret spending without telling partners
British adults are hiding their outgoings on things like beauty products, gambling and cryptocurrencies from their partners as part of a pattern of “secret spending”, a new report has found. More than half of adults in relationships spent in secret on a range of products, according to the research by investment platform AJ Bell and…
