German airline Lufthansa adds four new planes to its A350 fleet

Deutsche Lufthansa AG recently revealed that it has agreed to take four new Airbus A350-900 long-haul passenger aircraft on lease, utilizing newer planes that are left grounded as airlines reorganize their balance sheets in the wa....

JetBlue to invest USD 1 Bn for sustainable aviation push in New York

American airline JetBlue Airways recently announced plans to accelerate its shift to sustainable resources, by investing over USD 1 billion in sustainable aviation fuel (SAF) purchases in an offtake agreement with leading bioenergy develope....

Samsung fined USD 47 million by Dutch watchdog for price-fixing TVs

South Korean electronics manufacturing giant Samsung Electronics Co. Ltd. has been charged a penalty of USD 46.9 million by the Dutch competition watchdog Authority for Consumers and Markets (ACM) for price-fixing practices in the Netherlan....

21 U.S. states urge EPA to tighten proposed vehicle emission reforms

A coterie of 21 state attorneys general in consort with the District of Columbia, and various other U.S. cities have reportedly urged the Biden administration to approve significantly stricter vehicle emissions standards than its current pr....

TEA-Lab, MED-EL unveil the world's first multifunction hearing aid app

Communication solution provider for cloud meetings Tencent Ethereal Audio Lab (TEA-Lab) together with Austria-quartered implantable hearing solutions leader MED-EL recently announced the launched a first-of-its-kind hearing aid app that inc....

U.S. & India launch multiple schemes to boost clean energy technologies

The U.S. Energy Department along with its Indian equivalent has reportedly introduced a new private-public Biofuels Task Force and Hydrogen Task Force, as part of the Strategic Clean Energy Partnership program. These bodies will help in in....

Boeing expects European carriers to have 8,705 new airplanes by 2040

Aerospace major Boeing is anticipating the European commercial aviation industry to need nearly 8,705 new airplanes by 2040. The requirement will be driven by the growing leisure travel market and focus towards replacing the current fleet w....

Facebook to drop staunch defensive stance to revamp its public image

Facebook CEO Mark Zuckerberg has reportedly approved a new initiative named Project Amplify, which will consist of implementing various strategies to shed a positive light on the social media giant’s public image. The idea, which was....

Universal Music Group leaps to USD 55 billion in stock market debut

Universal Music Group's stock market debut marked Europe the largest listing this year, with shares surging over a third as investors wager on the potential of music streaming in the long run. The world's largest music label, which....

Microsoft offering internships to boost technology skills in Indians

Microsoft Corporation has reportedly launched the new Future Ready Talent internship program to teach technology skills to the Indian youth to make them job-ready. The program is free of cost and can be available for students who have grad....