The Federal Aviation Administration (FAA) will investigate how Boeing handles safety issues. An FAA survey earlier this year found that many of the aircraft manufacturer’s mechanical engineers found it difficult to report problems. Bloomberg reported this based on a letter from the FAA department head responsible for overseeing Boeing. […]
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German Think Tank: Port Congestion Hits China Exports
The export volume in China is expected to decrease this month compared to last month, while imports are likely to stagnate. This is due to the problems in the Chinese port of Ningbo, which was partly closed due to a corona outbreak. That expectation was expressed by the German […]
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Musk and Bezos Appear to Force Satellite Companies into Mergers
Space pioneers Elon Musk and Jeff Bezos’ plans to launch thousands of satellites into orbit are forcing companies in the sector to prepare for consolidation. As a result, the amount involved in acquisitions, investments and joint ventures this year is already higher at 3.6 billion dollars than for the whole […]
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Commercial Flights Welcome in Kabul, Subject to Defense Approval
Commercial airlines can fly to Kabul International Airport again but must first obtain the US Department of Defense approval. The airspace has only been accessible to military aircraft in recent days, but the American aviation authority FAA is giving scheduled flights another chance to land in Afghanistan. However, the […]
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Evacuations Underway as Taliban Bar Civilians at the Airport
Evacuations from Kabul airport have begun, and the US military says it has already picked up 3,200 people with 13 flights. British Home Secretary Priti Patel has said the British are now picking up around 1,000 people a day. A German Airbus A340 with approximately 130 people from Kabul […]
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Taliban Announce Amnesty and Want People to Work
The new rulers in Kabul, the Taliban, say there is a general amnesty for government employees and want them to return to work. “You can safely resume your normal life and get back to work,” said a Taliban message. The extremist Taliban have held power across the country since […]
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Chinese Economy Recovery Weakens Due to Delta Variant Outbreaks
China’s economic recovery is weakening. This has to do with, among other things, outbreaks of the Delta variant of the coronavirus, for example, which forced ports to close and new lockdowns were imposed. China also suffered from flooding, which put pressure on economic activity. Production in China’s sizeable manufacturing […]
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Online Bulletin Board Reddit Aims to be Worth More Than 10 Billion After Investment Round
Reddit, the online message board where users can chat about various topics, expects to raise $700 million in a new investment round. The company is worth more than $10 billion on paper. Reddit is worth 67 percent more than in the previous capital round in February. In two and […]
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TUI Continues to Suffer Losses But the Number of Bookings for Summer is Increasing
Travel group TUI benefits from extra bookings for the summer holidays. That’s because travel restrictions were relaxed in large parts of Europe as the number of corona infections fell. However, TUI still suffered a significant loss. “Especially in Germany and the rest of continental Europe, the booking figures show […]
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Russia Investigates Navalny Allies Donation Campaign
Russia has launched an investigation into opposition leader Alexei Navalny’s associates over an “extremist” donation campaign. Close associates Leonid Volkov and Ivan Zhdanov are the main targets of the investigation. Volkov and Zhdanov are currently in exile and therefore do not live in Russia now. Together with other employees […]