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BUSINESS2h agoC919 set to lead way as Chinese aircraft forecast to secure 5% of world market in 20 yearsChina’s chief civilian aircraft builder will command 5 per cent of the world’s fleet allocation by 2045 as global demand for narrowbody jets and the domestic order book look strong, an aviation analytics firm has forecast. Airbus would have 47 per cent of the passenger fleet allocation and Boeing 39 per cent, both leading state-owned Commercial Aircraft Corporation of China (Comac), analytics firm Cirium forecast on Tuesday. It said Embraer would take 3 per cent and ATR 2 per cent. Comac has a...South China Morning Post
BUSINESS7h agoIMF warns higher borrowing costs are straining public finances worldwideRising sovereign debt and borrowing costs have prompted a fresh warning from the International Monetary Fund (IMF) about risks to the fiscal health of member countries, with 24-year highs in US Treasury yields expected to become one of the focal topics for central bankers and finance ministers gathering in Bangkok this week. The average yield on 10-year government bonds across the Group of Seven economies increased by more than 1 percentage point between February and September this year,...South China Morning Post
BUSINESS10h ago4 Mexican bars are among this year’s World’s 50 BestAnd make no mistake about it, these are truly Mexican establishments, not European imitators, with Mexican management, Mexican and pre-Columbian themes and an emphasis (though of course not exclusive) on Mexican spirits. The post 4 Mexican bars are among this year’s World’s 50 Best appeared first on Mexico News DailyMexico News Daily
BUSINESS12h agoThe World Cup was bad for some businesses in Los AngelesA hotel-association study finds the tournament delivered the weakest boost of any recent mega-event, with workers' hours cut and short-term rentals pulling ahead.LA Times
BUSINESS17h agoNetflix secures 2030 World Cup rights in Spain and AndorraThe 2030 World Cup is scheduled to take place across Morocco, Portugal, and Spain, with three special centenary celebration matches also set to be held in Argentina, Paraguay, and Uruguay.EuroNews [en]
BUSINESS19h agoNetflix secures rights to air 2030 World Cup in Spain, Andorra - ReutersNetflix secures rights to air 2030 World Cup in Spain, Andorra ReutersReuters World
BUSINESS22h agoNigerian newspapers review: [AI] World Bank, IMF warn of jobs crisis in Nigeria, othersIn today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the International Monetary Fund (IMF) and the World Bank warning that Artificial Intelligence (AI) could worsen the jobs crisis in Nigeria and other developing economies unless governments and businesses take urgent steps to prepare workers and deploy the technology to create employment. The post Nigerian newspapers review: [AI] World Bank, IMF warn of jobs crisis in Nigeria, others appeared first on Vanguard News.Vanguard Nigeria
BUSINESS23h agoBusiness backlash over sweeping halal rules in world’s biggest Muslim nationWorld’s largest majority-Muslim country to force companies to explain how products from clothes to toilet paper are permissible under IslamFinancial Times