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Featured

IndiGo holds talks with Embraer over potential order for 100 aircraft

By Abhijith Ganapavaram and Aditi Shah NEW DELHI, Nov 4 (Reuters) - India's largest airline IndiGo is in early-stage talks to ‌buy 100 regional jets from Embraer, with options for about ⁠50 more, three people with direct knowledge of the matter said, in what could ‌be one largest commercial aircraft orders placed with the Brazilian planemaker. IndiGo ‌and Embraer did not immediately respond ‌to ⁠requests for comments.

India seeks threefold increase in coal stocks to prevent summer power shortages

India has asked coal miners and railways to help triple stockpiles at power stations before next summer, an ambitious target aimed at averting shortages that could also raise tensions with other users of the fossil fuel. The coal, power and railways ministries jointly set a goal to boost inventories at the plants from current levels near 18 million tons to at least 55 million by the end of the fiscal year in March, as reported by people familiar with the matter.

Last news

Jill Biden writes children's book about 'First Feline' Willow

The Bidens' dogs grabbed headlines with their bad behavior, but "First Feline" Willow is getting a book all to herself.

US Fed official says may be 'appropriate' to lower number of rate cuts

The US central bank should either scale back or delay its interest rate cuts in response to "disappointing" inflation data, a senior Federal Reserve official said Wednesday.

Yellen to warn China of industrial oversupply risks

A surge in cheap exports from China in industries like electric vehicles could create an oversupply and hurt economies, US Treasury Secretary Janet Yellen warned in a speech on Wednesday.

Fresh stock market records in US, Europe as yen hits 34-year low

Wall Street and European stock markets mostly rose on Wednesday, leading to fresh records, while the yen temporarily sank to a 34-year low against the dollar before recovering somewhat.

Macron, Lula hail defense ties at submarine launch

President Emmanuel Macron and counterpart Luiz Inacio Lula da Silva on Wednesday celebrated the launch of Brazil's third French-designed submarine, which will help secure the country's immense coastline, dubbed the "Blue Amazon."

Uproar in France after school chief quits in hijab row

French politicians from across the spectrum Wednesday expressed dismay over the resignation of a Paris school principal who had received death threats after asking a student to remove her Muslim veil on the premises.

Climate change is messing with how we measure time: study

Struggle to wrap your head around daylight savings? Spare a thought for the world's timekeepers, who are trying to work out how climate change is affecting Earth's rotation -- and in turn, how we keep track of time.

Notre-Dame rebuild 'meeting deadline and budget': project head

Paris's Notre-Dame Cathedral, ravaged by fire in 2019, is on track to re-open on time on December 8, the head of the reconstruction said Wednesday.

Grim search for six bodies in Baltimore bridge-ship collision continues

Emergency services combed the cold waters of Baltimore harbor Wednesday in search of the bodies of six men -- all reported to be Latin American immigrants -- presumed killed when a giant cargo ship slammed into the bridge where they working the night shift fixing potholes.

Stock markets mostly rise, yen hits 34-year low

Wall Street and European stock markets mostly rose on Wednesday ahead of key US inflation data later this week while the yen recovered slightly from a 34-year low against the dollar.

Japan unveils next-generation passenger plane project

Japan announced plans on Wednesday to develop a next-generation passenger jet over the next decade after the last struggling attempt, led by a private company, was scrapped a year ago.

Yen hits 34-year low, equity markets mixed before key US data

The yen plunged Wednesday to a 34-year dollar low on fervent speculation that the Bank of Japan could step into markets to support the unit, having hiked interest rates last week for the first time since the global financial crisis.

German economy to nearly flatline this year, think-tanks say

The German economy is expected to barely grow this year, leading economic institutes said Wednesday, as weak demand at home and abroad slows the path to recovery.

Baltimore bridge response shifts to recovery of six missing

Authorities in Baltimore were set to focus on expanding recovery efforts Wednesday after a cargo ship slammed into a major bridge, causing it to collapse and leaving six people presumed dead.

Yen hits 34-year low, equity markets mixed ahead of key US data

The yen plunged Wednesday to a 34-year low against the dollar after a top Bank of Japan official indicated it would press ahead with a loose monetary policy, even after this month hiking interest rates for the first time since the global financial crisis.

Thai parliament passes same-sex marriage bill

Thailand's parliament passed a same-sex marriage bill Wednesday, paving the way for the kingdom to become the first Southeast Asian nation to recognise LGBTQ marriage equality.

In Uzbekistan, economic reforms spark modern-day gold rush

Sifting through a greyish mixture of sand and pebble in the steppe of Uzbekistan, Khislat Ochilov was searching for gold.

Yen hits 34-year low against dollar

The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike in a shift away from years of ultra-loose monetary policy.

Yen hits 34-year low, Asian markets mixed ahead of key US data

The yen sank to a 34-year low against the dollar Thursday after a top Bank of Japan official indicated it would press ahead with a loose monetary policy, even after this month hiking interest rates for the first time since the global financial crisis.

Hyundai to invest more than $50 bn in South Korea in major EV push

Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles.

Vast Vienna wastewater heat pumps showcase EU climate drive

In a large hall on the outskirts of Vienna, shiny pipes carry treated wastewater through three giant heat pumps, part of Austria's drive to reduce carbon emissions and its dependence on Russian gas, with more and more European cities eyeing this alternative.

Asian markets mixed as traders assess latest rally, eye data and earnings

Markets were mixed in Asia on Wednesday following a negative day on Wall Street as observers warn the latest equities rally may have run out of steam, with investors looking for fresh catalysts to kickstart buying.

Beyonce album highlights the Black women changing country music

"Twenty-three in Music City / With dreams and high-heeled boots / Singin' for a crowd of blue eyes / Will they want me too?" croons Julie Williams at the Blue Room venue in Nashville.

From Wu-Tang to Nashville, a mother-daughter country act

Prana Supreme is the daughter of Wu-Tang Clan impresario RZA and longtime vocalist Tekitha, a child of hip-hop royalty whose foray into music was only natural.

Panama opens new cruise ship terminal at mouth of canal

Panama on Tuesday inaugurated a new cruise ship terminal at the mouth of the drought-hit Panama Canal, hoping to attract more tourists to the Central American nation.

Canadian farmers 'not satisfied' with EU trade deal

Canadian farmers say they are bewildered by the French Senate's rejection last week of the free trade agreement between the EU and Canada -- as agricultural producers and trade experts suggest that the accord mainly benefits Europeans over their North American counterparts.

Police radio captures calm, then panic, as bridge collapses

With a huge, runaway cargo ship bearing down on one of Baltimore harbor's busiest bridges, local police had just moments to react to a last-ditch Mayday call from its crew.

Abortion pill at the center of US Supreme Court case

A widely used pill is at the center of the latest legal battle in America's ongoing debate over abortion.

Strippers get bill of rights in US state

Strippers in the US state of Washington have won workplace protections after the governor signed a bill of rights putting them on the same leal footing as people in any other job.

Napoli 'stunned' after Acerbi racist probe dropped due to lack of evidence

Italian club Napoli said they were "stunned" after Italy's football federation (FIGC) on Tuesday dropped a probe into alleged racist comments made by Inter Milan's Francesco Acerbi to Napoli's Juan Jesus due to lack of evidence.

Vietnam appeals to US for 'market economy' status

Vietnam called Tuesday on the United States to recognize it as a market economy, saying stronger trade ties would benefit Washington in key areas as it seeks to diversify from China.

France's Macron heads to Amazon on three-day Brazil trip

French President Emmanuel Macron on Tuesday kicks off a visit to Brazil in the Amazon city of Belem, the host of 2025 UN climate talks, where he and Brazilian counterpart Luiz Inacio Lula da Silva will seek to reset frayed ties.

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Arizona Tribune - Economy (English)