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Boeing reports Q4 loss but reaffirms 2023 targets
Boeing reports Q4 loss but reaffirms 2023 targets
Business and Economy
by  AFP

Persistent supply chain woes and staffing issues led to another quarterly loss at Boeing, but the company on Wednesday confirmed its 2023 outlook amid strong aviation demand. He predicted that 2023 would remain "bumpy" as far as the supply chain, but said the ramp-up was aided by shared knowledge that demand for aviation remains strong.

Former McDonald's reopen in Kazakhstan without logo
Former McDonald's reopen in Kazakhstan without logo
Business and Economy
by  AFP

Several restaurants that used to work under the McDonald's brand in Kazakhstan reopened on Wednesday without the chain's logo, weeks after the fast-food giant exited the country over supply problems. The McDonald's logo no longer appeared on the reopened restaurants, with only a yellow capital M in the words "My Otkryty ("We Are Open").

Canada central bank raises key interest rate to 4.5%
Canada central bank raises key interest rate to 4.5%
Business and Economy
by  AFP

Canada's central bank on Wednesday raised its key lending rate for the eighth time in less than a year, this time by 25 basis points to 4.5 percent, as it tries to tame inflation. "Inflation is projected to come down significantly this year," the bank said, though it remained at 6.3 percent in December -- three times the goal.