(Bloomberg Businessweek) — For decades, the competition between Airbus SE and Boeing Co. has centered on issues such as which could build the biggest jumbo jet or log the most multibillion-dollar sales each year. Then the coronavirus hit. Now the world’s two dominant plane makers will battle to see which one can best weather an […]
Africa Starts to Have Second Thoughts About That Chinese Money
(Bloomberg Businessweek) — Dipak Patel can still recall the dizzying grandeur of his 2003 visit to Beijing’s cavernous Great Hall of the People: the rows of stern guards all the same height, the state dinner that included stewed shark fin and bird’s nest soup, and the People’s Liberation Army band playing songs from Patel’s native […]
India Sets Up Air Corridors With U.S., France To Run Interim Flights This Month
India has established individual bilateral ‘air bubbles’ with France and U.S. that will allow airlines of each country to operate international flights, Civil Aviation Minister Hardeep Singh Puri said on Thursday, adding that similar arrangement with Germany will soon be reached upon. Air France will be operating 28 flights between Delhi, Mumbai, Bengaluru and Paris […]
‘Unfortunate And Unfair’, TCS Says On U.S. Move To Curb H-1B, Student Visas
Deportation of foreign students from U.S. poses a long-term challenge for tech firms who rely on American universities for talent, Tata Consultancy Services Ltd. said on Thursday, warning that such a move could impact technology development. India’s largest software services provider also said U.S. President Donald Trump’s move to stop H1-B visas, widely used by […]
Black Lives Matter Movement Forces Beauty Products Makers To Change Strategy
As brands globally face a backlash for racial overtones of their products, Unilever Plc decided to rename its melanin-suppressing cream Fair & Lovely. It’s not alone. Last week, Johnson & Johnson decided to stop selling fairness products as the ‘Black Lives Matter’ movement rages worldwide. Others may follow suit. This may impact the brands in […]