Türkiye and U.S. in ‘intensive’ talks over F-35 jets and sanctions
Türkiye says talks with Washington are continuing over six F-35 fighter jets it purchased but never received, as Ankara pushes for the lifting...
U.S.-based aviation company Boeing is preparing to produce a new narrow-body, single-aisle aircraft to replace its 737 Max model, sources report.
The project is still in early development and awaits Federal Aviation Administration (FAA) approval.
Boeing CEO Kelly Ortberg has appointed a senior product chief to oversee the development of the 737 Max successor.
Earlier this year, Ortberg met Rolls-Royce CEO Tufan Erginbilic in the UK to discuss potential engine supply for the new aircraft.
The firm says the new model will aim for a minimum 15% improvement in fuel efficiency, featuring a lighter design, new engine architecture, and significant fuselage changes. The project is expected to cost tens of billions of dollars.
Boeing is seeking to regain market share lost to European competitors such as Airbus, following fatal 737 Max crashes in 2018 and 2019 that claimed 346 lives and led to a global grounding of the fleet.
A similar incident involving the 737-800 occurred in South Korea in December 2024, marking the country’s deadliest aviation disaster.
The company has since overhauled senior management and addressed safety protocols. Boeing says it is currently focused on delivering and certifying around 6,000 backlogged aircraft while preparing for the introduction of the new model.
Yemen’s Houthis have claimed responsibility for the recent drone and missile strikes on Saudi Aramco facilities in Dhahran and Riyadh and at King Khalid International Airport in Saudi Arabia, vowing to carry out more attacks in the coming days.
The Saudi-led coalition said early Thursday that it intercepted and destroyed a drone over Saudi Arabia’s Eastern Province.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
Ukraine's soldiers have had their access to Starlink satellite internet restricted. Kyiv's troops use the terminals, made by Elon Musk's SpaceX, to pilot drones. A source in Ukraine's Defence Ministry said the restrictions would make it harder for Kyiv's army to down Russian drones.
U.S. President Donald Trump has lifted sanctions on Russian diesel exports and announced a Russia-Ukraine energy ceasefire aimed at easing fuel prices ahead of November’s midterm elections. But can Moscow deliver and will the move will bring meaningful relief to markets?
Taiwan plans to buy 30 per cent of Alaska LNG's annual output and invest up to $4.4 billion in the project, but binding contracts and financing remain unresolved as the U.S. pushes to expand energy exports to Asia.
Asian stocks plunged to their lowest level in more than two months on Tuesday as advances by Chinese chipmakers rattled investor confidence in the artificial intelligence boom, despite soaring global semiconductor sales.
Artificial intelligence investment is helping sustain global growth at around 3 per cent, with Asia poised to reap major benefits. But soaring energy costs, unequal investment and growing pressure on young workers threaten to leave some economies behind.
Uzbekistan and Russia have a portfolio of more than 200 joint projects worth almost $6 billion, as the two countries continue to expand regional and business ties. The projects were discussed during the third meeting of the Council of Regions of Russia and Uzbekistan, held in Fergana, Uzbekistan.
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