05302016Mon
Last update: Mon, 30 May 2016 04am

Industries & Sectors

Business & Finance - Industries & Sectors

Boeing mulls larger engine for biggest 737 MAX PARIS/NEW YORK: Boeing is considering a plan to put a larger engine on its biggest narrowbody airliner in an effort to blunt the runaway success of a rival Airbus jet that outsells it by four to one, industry sources said. The US planemaker would substitute a modified version of the larger and more powerful LEAP-1A engine used on Airbus's A321neo rather than the LEAP-1B used on the 737 MAX 9, they said. That would enable Boeing to add range while lengthening the 178-seat jet to fit 12 or more extra passengers and gain a capacity advantage over the 185-seat A321neo, the sources said. Boeing disputes its rival's claims about the strength of demand in this particular section of the market where Airbus has the most advantage.But leapfrogging Airbus's A321neo offering with more seats would hedge Boeing's position as many airlines opt for bigger planes. However, the new plane, nicknamed 737 ...

Business & Finance - Industries & Sectors

Lufthansa to suspend flights to Venezuela from June 17 FRANKFURT: German airline Lufthansa said Sunday it will suspend flights to Venezuela from next month owing to the economic crisis in the country."We have decided to suspend the service between Frankfurt and Caracas for the time being as from June 17," a company spokesman told AFP.The service, three times a week, was Lufthansa's only flight between Germany and Venezuela, he said, adding that it was not clear at this point when it would be resumed."The ...

Business & Finance - Industries & Sectors

Airbus concedes some A400M problems are 'home-made' FRANKFURT: Airbus chief Tom Enders conceded in a newspaper interview Sunday that some of the "massive problems" dogging the European airplane manufacturer's new military transporter, the A400M, were of the group's own making."We underestimated the engine problems," Enders told the Sunday newspaper Bild am Sonntag. At the start of the programme, Airbus had "let itself be persuaded by some well-known European leaders into using an engine made by an inexperienced consortium," Enders said.Furthermore, it had ...

Business & Finance - Industries & Sectors

Facebook is now tracking everyone on the internet The world’s largest social media platform, Facebook is all set to power advertisers, and has announced to display ads to all web users including those who are not members of its social network.The move was announced by Facebook, from now on it will help marketers show ads to all users who visit websites and applications in its Audience Network ad network. Previously, the social media platform only showed ads to members of its social network ...

Business & Finance - Industries & Sectors

Google search gears up to high speeds, loads articles instantly Google search app is now much faster loading articles instantly for its iOS users from today onwards.“Your Google app for iPhone and iPad is now faster. We’ve cut down loading time and updated the app with some new features,” wrote Unni Narayanan, Google Director, and Product Management in a blog post.The company claimed that some new speed improvements and performance optimizations will save users "a combined 6.5 million hours" this year. "Each time you open ...

Business & Finance - Industries & Sectors

BMW recalls 120,000 cars over Takata air bags FRANKFURT: German carmaker BMW is recalling 120,000 cars in the United States for defective Takata air bags, German paper Bild reported on its website on Friday. Citing a spokesman for BMW, Bild said that the recall included the X5 and X6 models from the years 2006 to 2011. BMW was not immediately available for comment. Earlier on Friday, eight automakers, which did not include BMW, said they were recalling more than 12 million US vehicles ...

Business & Finance - Industries & Sectors

GSK gets EU approval for first gene therapy for children LONDON: The world's first life-saving gene therapy for children, developed by GlaxoSmithKline and Italian scientists, was approved for sale in Europe on Friday, in a step forward for the pioneering technology to fix faulty genes. Called Strimvelis, it is designed for a tiny number of children with ADA Severe Combined Immune Deficiency (ADA-SCID). SCID is sometimes known as "bubble baby" disease, since those born with it have immune systems so weak they must live in ...