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Boeing will invest $1 billion to ramp up production of its 787 Dreamliner aircraft in South Carolina, the company said in a statement. Boeing has been plagued by production quality problems and recently endured a strike that lasted more than 50 days and paralyzed two crucial factories. In October, Boeing unveiled plans to reduce its global workforce by 10 percent over the coming months, without giving further details.

When Finance Minister Chrystia Freeland delivers her fall economic statement on Monday she’ll need to spin a good story. It won’t be easy. The deficit for this fiscal year is expected to running much higher than the $40.1 billion she promised, maybe even over $60 billion, crashing through one of her fiscal “guardrails.”

A handful of investors — including Spain’s Ferrovial SE and Canada’s Caisse de dépôt et placement du Québec — have sold down their holdings in the company that controls London’s Heathrow Airport in a transaction valued at £3.3 billion.

Pakistan Innings Highlights : South Africa vs Pakistan Live Score: FOUR! Rizwan loves an offie, he surely does. Tossed up around middle and off, Mohammad Rizwan comes inside the line of it and dabs this wide to the right of short fine leg for four.

Subscribe to enjoy similar stories. ‘Tis the tipping season. Time to show appreciation for those making our lives better or easier: the hairdresser, the babysitter, the mail carrier.

A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar last heard the plea filed by one Vijay Kishor Goswami on the issue on October 25 and made certain observations. «Last time whatever happened in the court was completely misrepresented in the media...completely misrepresented,» the CJI said.

Meanwhile, a shocking revelation has come up o the basis of a lawsuit by Elon Musk, where it has been alleged that OpenAI overpays those in the AI field, in order to keep employees within their fold. This is seen by many as anticompetitive practice, which may harm other companies in the similar field. Also Read: Will Taylor Swift perform at Donald Trump's inauguration? Fans react to anchor's speculation

India and the United Arab Emirates(UAE) on Friday discussed implementation of the ambitious India-Middle East-Europe Economic Corridor (IMEEC) and resolved to shore up ties in areas of energy including long-term supplies and collaboration in upstream and downstream projects. Ways to further deepen bilateral relations in areas of energy, connectivity and trade figured prominently at the 15th India-UAE Joint Commission Meeting (JCM) that was co-chaired by External Affairs Minister S Jaishankar and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. The meeting was held in New Delhi. The two foreign ministers also deliberated on expanding strategic partnership between the two countries in areas of defence, emerging technologies, nuclear energy, polar research, critical minerals and renewable energy at a meeting of the India- UAE Strategic Dialogue held last night.

Donald Trump Jr. and Kimberly Guilfoyle have broken up, sources have claimed. Insiders claimed that Trump Jr. has moved on with Palm Beach socialite Bettina Anderson, according to a report in Page Six. There have been rumours for months that Donald Jr. and Guilfoyle’s relationship has been on the rocks: Multiple sources have told us recently that the political power couple had split, or were on shaky ground. “Don and Kimberly haven’t been getting along over the past year,” said one source. “They get argumentative at Mar-a-Lago in front of people. Nothing crazy, but you know when a couple is fighting. They bicker in public.”

The GfK Consumer Confidence index increased by one point to -17 this month, with two of the measures up and three remaining unchanged from November.  The increase in the index was significantly more modest than the rise recorded in November, when all measures had been up at the time and the overall score had increased by three points from October. The index measuring changes in personal finances over the last 12 months increased by two points from November, hitting -7 this month, with the overall score now seven points higher than in December 2023, when the figure stood at -14. UK ...

According to the November 2024 Bank of England/Ipsos Inflation Attitudes survey, the median expectation for the rate of inflation over the coming year among respondents was 3%, up from 2.7% in August 2024.  Similarly, when asked about expected inflation in the 12 months after that, respondents gave a median answer of 2.8%, up 0.2 percentage points from August's figure of 2.6%.  UK economy unexpectedly shrinks by 0.1% in October sparking 'cause for concern' Looking more long term, those who took part in the survey were sceptical of the Bank of England achieving its inflation target ...

Department of Posts and the Ministry of External Affairs have signed an agreement to set up an additional 600 passport seva kendras at post offices, Union Telecom Minister Jyotiraditya Scindia said on Friday. Speaking at the India Economic Enclave 2024, the minister said India Post has about 6,40,000 points of sales across the country and no one in the world can match its scale. «In the next 3-4 years, we will become a citizen-centric service. We have signed an agreement with the MEA today where we will set up 600 more networks for passport seva kendras, hopefully servicing one crore citizens per year through our network,» the minister said. Launched in 2017, the Post Office Passport Seva Kendras (POPSKs) service has been instrumental in facilitating passport-related services to over 1.52 crore citizens.

Data released on Wednesday (11 December) from the Bureau of Labor Statistics was 0.1 percentage point higher than October's Consumer Price index of 2.6%.  Similarly, CPI increased 0.3% on a seasonally adjusted basis in November, having risen 0.2% in each of the previous four months.  Significant drivers of the increase in prices include the index for shelter, which rose 0.3% in November, accounting for almost 40% of the monthly total items increase.  US economy expands by 2.8% in Q3 Cars and trucks, household furnishings and operations, medical care, new vehicles and recreation ...

Residents throughout Serbia have stopped in silence for 15 minutes as part of persistent protests against the populist leadership following the collapse last month of a concrete canopy in the country’s north that killed 15 people

Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing's monetary policy

Subscribe to enjoy similar stories. Cleopatra chats with Yayoi Kusama, who stands beside Raja Ravi Varma’s muse at Delhi’s Taj Mansingh—the opening scene of season 3 of the Netflix show Fabulous Lives vs Bollywood Wives is somewhat surreal until you realise it’s set at last year’s MASH Ball for which guests had been asked to dress like they had “stepped out of a painting". Delhi-based art collector and host Shalini Passi was styled as Cleopatra in a white-and-gold dress by Lebanese fashion designer Elie Madi, who had based the outfit on Jean-Léon Gérôme’s Cleopatra and Caesar (1866) and Frederick Arthur Bridgman’s Cleopatra on the Terraces of Philae (1896).

Subscribe to enjoy similar stories. U.S. manufacturers are stockpiling imported parts and raw materials in anticipation of President-elect Donald Trump imposing new tariffs next year.

Subscribe to enjoy similar stories. Elon Musk’s choice of Warner Bros Studios for the long-anticipated launch of his robotaxi on October 10th was entirely appropriate. Hollywood’s film studios are as much a dream factory as Tesla, his electric-car company.

Subscribe to enjoy similar stories. As Goa grapples with a public relations crisis, with users on social media ranting against high room rates and the lack of traveller-friendly transport facilities, it may only be a business-as-usual scenario for many hotels and travel companies this winter and no exponential growth, as was the case last year. Additionally, there is stiff competition from easy and quick-visa overseas destinations such as Thailand and Vietnam that are only a short flight away, prompting many domestic travellers to skip Goa this time.

Almost a dozen regions in Russia are getting set to offer a cash payment to young women who give birth, Russian outlets are reporting, but there’s a pretty big catch.

Subscribe to enjoy similar stories. Shares of Jindal Steel & Power Ltd (JSPL) have surged about 15% from their recent low of ₹855 apiece seen on 13 November, outpacing the sub-4% gain in the benchmark Nifty 50 index. The outperformance is attributed to the company’s relative advantage, thanks to its greater presence in the long steel production.