Business News

Business

Trump's Tariff Announcement Sparks Concern in Aviation Industry Over Deepening Supply Chain Challenges

The aviation industry faces uncertainty as Trump's new tariffs threaten to exacerbate existing supply chain challenges, with Boeing and Indian suppliers particularly concerned abou...

Business

Xpressbees Strengthens Leadership Team with Uday Sharma as Chief Business Officer Amid Rapid Industry Evolution

Xpressbees appoints Uday Sharma as Chief Business Officer to lead B2B, 3PL, and cross-border verticals, leveraging his 30 years of logistics experience to drive growth and innovati...

Business

Scapia Secures $40M in Series B Funding to Revolutionize Travel Fintech for Millennials and Gen Z

Scapia, a travel fintech startup, has raised $40 million in Series B funding led by Peak XV Partners. The funds will be used to expand its team, accelerate product development, and...

Business

Leonardo Announces Groundbreaking EU Satellite Alliance to Challenge Starlink's Dominance

Leonardo S.p.A. is set to challenge Starlink with a new European satellite alliance, partnering with Airbus SE and Thales Group. CEO Roberto Cingolani discusses the venture's poten...

Business

Apple Shares Plummet 7% Amid New Tariffs Targeting China-Heavy Production

Apple Inc. shares fell by 7% following new US tariffs targeting Chinese imports, impacting its China-heavy production. Despite diversification efforts, 90% of iPhones are assembled...

Business

Air India Launches Major Fleet Upgrade: First Refreshed Boeing 777-300 ER Takes to the Skies

Air India begins a major fleet refresh with its first upgraded Boeing 777-300 ER, aiming to complete the overhaul by mid-2027 amidst global supply chain challenges.

Business

Maersk Stock Tumbles 10%: A Deep Dive into the Tariff Turmoil Shaking Global Markets

Danish shipping giant Maersk sees a 10% drop in shares following new US tariffs, including a 20% levy on EU goods, signaling potential slowdowns in global trade and freight volumes...

Business

Leonardo, Airbus, and Thales to Challenge Elon Musk's Starlink with New EU Satellite Venture

Leonardo S.p.A., alongside Airbus SE and Thales Group, is set to challenge Starlink with a new EU satellite venture. CEO Roberto Cingolani discusses the project's potential, emphas...