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US regulator orders Boeing inspections over oxygen mask issue
US aviation regulators said Monday that thousands of Boeing 737 airplanes would need to be inspected, amid concerns that passenger oxygen masks could fail in emergencies. The aim is to ensure that passenger service unit oxygen generators are in the right position on certain Boeing airplanes.
737 MAX: Key dates in US criminal case against Boeing
Here are key dates in the US Department of Justice's ongoing criminal case against Boeing over its 737 MAX airplane, following deadly crashes in 2018 and 2019. 2019 - March 10: A 737 MAX operated by Ethiopian Airlines crashes about six minutes after taking off, killing all 157 people on board.
AI boom reshapes Wall Street as TSMC joins trillion-dollar club
The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street. The top ten of the world's most valuable companies is headed by Microsoft and Apple, closely followed by AI chip designer Nvidia.
Eli Lilly weight loss drug beats Ozempic in head-to-head study
Patients taking Eli Lilly's new drug Mounjaro achieved significantly greater weight loss than those on Novo Nordisk's Ozempic, a head-to-head study published Monday showed. Most patients achieved five percent or greater weight loss after a year, but those on Mounjaro were more likely to lose weight and achieved greater weight loss.
Greece hands out 350,000 euros in fines over sunbed wars
Greece issued more than 350,000 euros ($379,000) in fines in just five days in a crackdown on bars and restaurants illegally covering beaches with sunbeds and tables, the government said Monday. The majority of fines clamped down on sunbeds and umbrellas taking up too much space on the beach, the government said.
Trillion-dollar chip giant: Five things to know about TSMC
Taiwanese semiconductor titan TSMC briefly joined a rarefied club of companies valued at more than $1 trillion on Monday. It works closely with AI leader Nvidia, which became the world's most valuable traded company in June with a market capitalisation of around $3.3 trillion.
China's BYD to open electric car plant in Turkey
China's electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion. "BYD will open a plant in Turkey," the source said, adding the details would be announced by President Recep Tayyip Erdogan.
Tourist numbers in Portugal hit record in 2023
Foreign tourists flocked to Portugal in record numbers in 2023 with 26.5 million visitors -- a 19.2 percent jump compared to the year before, the country's National Statistics Institute said Monday. According to the institute, 5.7 million visitors were from Spain followed by Britain and France, with close to three million tourists each.
Carlsberg quaffs British soft drinks maker Britvic for £3.3 bn
Danish brewer Carlsberg on Monday said that it had reached a deal to buy British soft drinks manufacturer Britvic for £3.3 billion ($4.2 billion). The announcement came little more than two weeks after the maker of the fruit drink Robinsons squash rejected a takeover approach worth £3.1 billion from Carlsberg, arguing that it significantly undervalued the firm.
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