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US approves inspection program to return Boeing 737 MAX to service
US approves inspection program to return Boeing 737 MAX to service
Economy
by  AFP

US regulators approved a detailed inspection framework that would allow the return to service of Boeing 737 MAX planes grounded after an emergency landing earlier this month, officials said Wednesday. Shortly after the Federal Aviation Administration announced inspection protocols on the Boeing 737 MAX 9, United Airlines said it expects grounded aircraft to return to service starting Sunday.

Clean energy largest driver of Chinese GDP growth in 2023: report
Clean energy largest driver of Chinese GDP growth in 2023: report
Economy
by  AFP

Clean-energy projects were the largest driver of China's economic growth in 2023, with Beijing investing nearly as much in decarbonisation infrastructure as total global investment in fossil fuels, according to a report released Thursday. These sectors received $890 billion in investment, almost as much as the total global investment in fossil fuels last year, CREA researchers said.

Tesla sees slower 2024 volume growth as earnings miss estimates
Tesla sees slower 2024 volume growth as earnings miss estimates
Economy
by  AFP

Tesla reported lower fourth-quarter operating profits despite higher revenues Wednesday, following a series of auto price cuts as Elon Musk's electric vehicle giant warned of slower volume growth in 2024. Shares of Tesla fell after the company's earnings per share and revenues both missed analysts expectations in the fourth quarter, and it offered a sobering outlook for 2024 auto volumes.