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Malaysia Airlines nearing decision on replacing 21 A330s, CEO says
June 30, 2022June 24, 2022 fiochocom

Malaysia Airlines nearing decision on replacing 21 A330s, CEO says

Business

Malaysia Airlines plans to announce a decision on replacing its fleet of 21 Airbus (AIR.PA) A330 widebodies with more fuel-efficient new-generation planes around mid- to

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Australian power station fire will not worsen energy crisis, market operator says
June 29, 2022June 24, 2022 fiochocom

Australian power station fire will not worsen energy crisis, market operator says

Business

A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, the Australian Energy Market Operator (AEMO)

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U.S. bankruptcy court approves LATAM Airlines restructure plan
June 28, 2022June 24, 2022 fiochocom

U.S. bankruptcy court approves LATAM Airlines restructure plan

Business

A U.S. court has approved LATAM Airlines Group SA’s (LTM.SN) bankruptcy reorganization plan, the region’s largest air transport group said on Saturday. The U.S. bankruptcy

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Bitcoin slides below $20,000 to lowest level in 18 months
June 27, 2022June 24, 2022 fiochocom

Bitcoin slides below $20,000 to lowest level in 18 months

Business

Bitcoin tumbled more than 13% at one point on Saturday, crashing below the closely watched $20,000 level to its weakest level in 18 months, as

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SpaceX employees denounce CEO Musk as “distraction” – letter
June 26, 2022June 24, 2022 fiochocom

SpaceX employees denounce CEO Musk as “distraction” – letter

Business

A group of SpaceX employees derided flamboyant billionaire Chief Executive Officer Elon Musk as a “distraction and embarrassment” in an internal letter to executives. Musk,

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Blown off course again, Fed policymakers see near-record uncertainty
June 25, 2022June 24, 2022 fiochocom

Blown off course again, Fed policymakers see near-record uncertainty

Business

Federal Reserve policymakers are less confident than at any time since the height of the pandemic about what will happen with the economy, data published

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ECB’s Lagarde vague on when, how anti-spread tool may kick in
June 24, 2022June 24, 2022 fiochocom

ECB’s Lagarde vague on when, how anti-spread tool may kick in

Business

The head of the European Central Bank briefed euro zone finance ministers on Thursday on a planned tool to fight high spreads between bond yields

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