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Western Supply Chain Crisis Drives Global Aerospace Firms to Increase Sourcing from India

Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are increasing their sourcing of parts from India. With its skilled workforce, cost-effectiveness, and robust supply...

Nissan Announces 9,000 Job Cuts and Lowers Annual Profit Forecast

Nissan Motor, Japan's third-largest automaker, unveiled a $2.6 billion cost-saving plan on Thursday, which includes 9,000 job cuts and a 20% reduction in global...

China Eyes $850 Billion Debt Expansion to Stimulate Growth in Next Three Years

Local media reported on Tuesday that China may raise an additional 6 trillion yuan ($850 billion) from special treasury bonds over three years to...

BoE Maintains Rates, Extends Bond Sales Amidst Economic Uncertainty

The Bank of England (BoE) has decided to maintain its interest rates at their current levels while extending its quantitative tightening (QT) program, which...

KeyCorp Sheds Low-Yield Investments, Embracing a More Profitable Strategy

KeyCorp, a central regional bank, has announced the sale of nearly $7 billion in low-yield investments. This strategic move aims to enhance the bank's...

US Postal Service Seeks to Save Billions with Delivery Changes

The United States Postal Service (USPS) is undertaking a significant overhaul to save $30 billion over the next decade.This ambitious plan involves a series...

Tesla’s Bold Move: The Cybertruck Strategy Takes a Dramatic Turn

In a surprising move that has sent ripples through the automotive industry, Tesla has halted orders for its most affordable Cybertruck variant. The electric vehicle...

Bharti Global Set to Purchase 24% Stake in BT Group

New Delhi, India – In a groundbreaking deal set to reshape the global telecommunications landscape, Bharti Global, the international investment arm of Indian conglomerate...

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