Business

Wow airlines was in talks with its rival Icelandair on Wednesday about a possible takeover after a prior rescue worth £13m to help the embattled business failed in November last year.

Following two air crashes in Ethiopia and Indonesia, in which about 350 people lost their lives, Norway's leading airline previously decided to keep its fleet of Boeing 737 MAX grounded and is taking emergency actions to minimise the cost.

The Federal Reserve's decision to keep rates unchanged earlier this month is stirring concerns that a US recession might be just around the corner amid international trade tensions, an inverting yield curve, and a cooling manufacturing sector.

Analysts at the Big For auditor and professional services company KPMG have warned of weaker economic growth in the UK following Brexit, even though similarly murky projections have been around since at least 2017, and have so far failed to materialise.

MOSCOW (Sputnik) - Russia’s privately-owned S7 Space company will scrap a contract it has with a Ukrainian state rocket maker, Yuzhmash, on the production of 12 Zenit launch vehicles, the Russian firm’s co-owner told Sputnik.

After two deadly crashes in less than five months killed over 330, all Boeing 737 Max aircraft around the world have been grounded.

An estimated one million anti-Brexit marchers gathered in London on Saturday to demand a new vote as a means of keeping the UK under the umbrella of the European Union economic bloc.

Juan Guaido, the leader of Venezuelan opposition who proclaimed himself an interim president, now claims that the nation’s President Nicolas Maduro is in the final stage of his rule, according to reports.

The legal woes of US President Donald Trump and his inner circle go far beyond the soon-to-be-released Mueller report, according to sources.

New Zealand Prime Minster Jacinda Ardern's reaction to last week's shooting attacks on mosques in Christchurch is inspiring those around the globe to stand against terrorism and indiscriminate gun use.

The signing of the agreement comes during Chinese President Xi Jinping's three-day visit to Italy in an attempt to improve relations with Rome as China is currently engaged in a trade war with Washington.

The Chinese decision comes even as the US recently remarked that Beijing has a responsibility “to not shield" Pakistan. The loan is aimed at bailing out the cash-strapped Pakistani economy by strengthening foreign exchange reserve and ensuring balance of payment stability.

Germany is facing the moderate risk of a recession this year due to the ongoing contraction in its manufacturing sector – one of the two key engines of the nation's GDP growth.

While the potential economic destabilisation for the UK and EU wrought by a Brexit of any kind, including a no-deal one, has been the subject of debate since the 2016 referendum, a new study paints a rather dark picture of what to expect.

The US aerospace giant's new narrow-body twin-engine airliner was grounded by airlines worldwide after two similar accidents thought to be caused by faulty software led to the deaths of nearly 350 people.

The tennis star ascertained that “one woman’s voice” can be truly impactful if she is granted a full-fledged platform to speak and be heard from, stressing her strong desire to throw her weight behind women’s business initiatives to enable them to continue “to think big”.

On 10 March, Ethiopian Airlines Flight 302 crashed in Addis Ababa, killing 157 people on board. Earlier, on 29 October 2018, Lion Air Flight 610 went down in Indonesia, claiming the lives of 189 passengers. The two incidents have prompted serious concerns about Boeing aircraft's development.

Chinese technology companies are currently one of the world's pioneers in the development and testing of future data transmission tech, which is believed, will become life-changing for the entire world.

MOSCOW (Sputnik) - The Bank of England said Thursday it was keeping the key rate at 0.75 percent amid preparations for Brexit, which could now be postponed beyond 29 March.

The report comes shortly after the United States imposed sanctions on Venezuela's state-run gold producer, Minerven, describing the trade in the precious metal as being vital to embattled President Nicolas Maduro's ability to maintain loyalty among the military.