Economy

Economy News

Ethiopian Airlines to fly 737 MAX with passengers for first time since deadly crash

By Dawit Endeshaw ADDIS ABABA (Reuters) – Ethiopian Airlines is due to resume flying the Boeing (NYSE:BA) 737 MAX plane on Tuesday, but opinions are divided on the airline’s first.

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Tesla agrees to disable self-driving feature that runs stop signs

Tesla released an over-the-air software fix to disable the feature after discussions with the NHTSA. By Keith Laing / Bloomberg Tesla Inc. is disabling a feature of its so-called Full Self-Driving system.

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U.S. Job Openings Rose Unexpectedly in December

(Bloomberg) — U.S. job openings rose unexpectedly in December while quits declined slightly, suggesting that labor demand held steady in the month despite a surge in Covid-19 infections and pandemic-related.

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Fed’s Harker says four rate hikes are appropriate for this year

NEW YORK (Reuters) -It may be appropriate for the Federal Reserve to raise interest rates four times this year, and to move more aggressively if the factors leading to higher.

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India unveils higher spending but no direct measures for the poor

The annual budget was focused on big-ticket infrastructure spending but lacked measures to spur consumption. By Megha Bahree India has promised to spend more in the upcoming financial year to keep.

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Analysis-White House retools strategy toward Senator Manchin, with Biden agenda on the line

By Jarrett Renshaw, Richard Cowan and Andrea Shalal WASHINGTON (Reuters) – White House officials are planning a more subtle approach to try to win pivotal U.S. Senator Joe Manchin’s support.

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Australia’s central bank ends bond buying, but in no hurry to hike

By Wayne Cole SYDNEY (Reuters) -Australia’s central bank kept its cash rate at a record low of 0.1% on Tuesday and ended its A$275 billion ($194.40 billion) bond buying campaign.

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Omicron dashes China’s hopes of Olympics boosting its economy

Coronavirus flare-ups and pollution curbs are weighing on consumer and industrial activity ahead of Games. China’s Winter Olympics may be more of a drag on Beijing’s regional economy than a.

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Wall Street ends volatile month on a high note

Dip buyers came out of the woodwork on Monday, snatching up tech stocks and lifting the Nasdaq 3.3 percent. By Vildana Hajric and Emily Graffeo / Bloomberg U.S. equities ended a.

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Union ratchets up threat of industrial action at UK financial watchdog FCA

By Huw Jones LONDON (Reuters) -British labour union Unite said on Tuesday that 87% of its members at the Financial Conduct Authority (FCA) have voted in a non-binding ballot in.

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