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By Ahmed Hagagy KUWAIT, Feb 7 (Reuters) – Kuwaiti low-cost carrier Jazeera Airways aims to secure $1 billion from banks to help finance the purchase of new Airbus aircraft, its chairman said on Tuesday, half the amount it had initially planned to seek. The airline placed a multi-billion dollar order with Airbus for 28 single...
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BRASILIA, Feb 4 (Reuters) – Brazil sank a decommissioned aircraft carrier in the Atlantic Ocean off its northeast coast, the Brazilian Navy said, despite warnings from environmentalists that the rusting 1960s French-built ship would pollute the sea and the marine food chain. The 32,000-tonne carrier had been floating offshore for three months since Turkey refused...
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By Mike Dolan LONDON, Feb 8 (Reuters) – Like mirages on the horizon, recession forecasts seem to be appearing and disappearing with great regularity – questioning any investment conviction, the reliability of pandemic-distorted data and still-low volatility gauges in financial markets. In just six weeks of 2023, economic forecasters have hurriedly revised away this year’s...
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Big Tech executives have held a close-knit relationship with the White House, visiting 1600 Pennsylvania Ave with such regularity that could explain President Biden’s lackluster push for anti-trust legislation, insiders say.  An analysis of White House visitor logs found that between July 2021 and September 2022, Big Tech’s most senior executives visited at least 38...
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Feb 7 (Reuters) – Spirit Airlines Inc said on Tuesday it expects U.S.antitrust regulators to decide whether to allow the low-cost carrier to proceed with its $3.8 billion merger with JetBlue Airways Corp in the “next 30 days or so.” “We are now waiting to see whether the Department of Justice (DOJ) filed suit to...
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