Standard Boeing 737 Max 8 planes are not equipped with a angle of attack indicator or an angle of attack disagree light and cost extra. As the pilots of the doomed Boeing jets in Ethiopia and Indonesia fought to control their planes, in vain they lacked two essential safety features in their cockpits. Several airlines…
Category: Business
Nirav Modi, the Indian celebrity jeweller, the central figure in an alleged $2bn fraud that rocked state-owned Punjab National Bank, has been held in London as New Delhi presses for his extradition. Modi, whose boutiques were found in some of the world’s most prestigious shopping districts, was denied bail by London’s Westminster Magistrate’s court despite…
Google is launching its Stadia cloud gaming service at the Game Developers Conference in San Francisco today. Sundar Pichai says he plays FIFA 19 qutie a hit introduced the Stadia service during a special keynote at GDC this morning describing it as a platform for everyone. Stadia will stream games from the cloud to the…
Charles Munger, Warren Buffet’s business partner once said, “ creative accounting is an absolute curse to a civilisation. The euphemism of creative accounting practices that may follow the letter of the rules of standard accounting practices but deviate from the spirit of those rules, but deviate from what those standards intend to accomplish and capitalises…
Shumukh has revealed the most expensive perfume in the world in Dubai. The bottle of perfume is decorated with diamonds pearls and gold setting up multiple records in Guinness Book of World Records. Shumukh was produced by Asghar Adam Ali the chairman and master perfumer at Nabeel Perfumes Group. He set two Guinness World Record…
It’s the first time three cities have shared the top spot in the 30-year history of annual economist intelligence unit survey which compares price in 133 cities globally. The French capital ranked second most expensive last year is one of the four European cities in the top 10. It compares the cost of living…
Worldpay, the Global payments giant, which accounts for 42 per cent of all UK payments, processing around 400 transactions per second, was sold for £32.5 bn ($43bn) to a US rival Fidelity National Information Services. The company employs 4000 people will come together with US-listed FIS in a cash and shares deal. Their customers include…
This book began life as an article in the New York Times, recalls women’s lives in the Soviet bloc between the end of the war and the fall of the Berlin Wall. Their labour was needed, so the state enabled them to work by paying for the work that women do: creches, holiday care and…
China’s Great Firewall once a glorified porn filter has evolved into the most sophisticated system of online censorship in the world In China you can erase and delete all your Twitter posts after publishing a data analysis of government officials, plagiarised academic work. Over the past year, Beijing’s censors have for the first time tried…
Interserve, the British outsourcer and one of the UK government’s biggest contractors, has collapsed into administration, wiping out shareholders and raising question over the long-term future of a business that employs 65,000 jobs worldwide. The takeover by debt holders is a serious blow to the sector that has been hit by contract scandals and profit…