CARRIER CORPORATION
In 1927, railroad engineer Olive Dennis invented a train window vent that brought in fresh air without cold drafts, helping make American rail journeys more comfortable
In 1927, engineer Olive Dennis made a lasting impact on train travel with her innovative window ventilator. By traveling thousands of miles on trains, she closely analyzed passenger feedback and needs, which inspired her improvements in seating, lighting, and restroom cleanliness, responding to competition from cars and buses. Dennis's pioneering contributions also included air-conditioning systems for railroad cars, defying gender norms in engineering of her time.
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risks
The move marks a potential shift in the company's shipping strategy, which has traditionally relied on a mix of time-charter and voyage-chartered vessels.
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risks
Indian Oil Corporation aims to enhance control over its energy supply chain by acquiring crude oil carriers and LPG vessels. The company is also exploring domestic shipbuilding initiatives under the Make in India program. Amid increasing freight rates and tensions in West Asia, IOC has adjusted its shipping strategy significantly. It has diversified crude procurement, sourcing significant amounts from various countries, including Russia and Venezuela.
British Airways parent profit drops on higher fuel costs
IAG, the owner of British Airways and Iberia, said Friday that its net profit dropped more than 12 percent in the third quarter on soaring fuel costs and flight disruptions caused by the Middle East conflict. The group said its overall flight capacity had been hit "by cancellations due to the conflict in the Middle East, together with aircraft availability linked to engine issues and disruption related to air traffic control disruption".
How Australia built world’s biggest battery-powered ferry
The electric ferry China Zorrilla has launched its operations between Buenos Aires and Uruguay, marking a significant milestone in eco-friendly maritime transport. This initiative showcases advancements in battery technology aimed at curbing environmental impact.
Research: Navigating the Business Risks of Changing Pro-America Sentiment
U.S. firms increasingly operate in a marketplace where “Made in USA” is no longer a neutral provenance claim but a charged political signal. A new study analyzing 5,355 companies over twenty years found that pro-America marketing has increasingly shifted from pride-based patriotism to grievance-fueled, us‑versus‑them nationalism. While this can create upsides—new customers, loyalty, pricing power—it also exposes companies to narrative capture, boycotts, and legal scrutiny. To avoid risk, companies must examine their exposure along two axes: domestic embeddedness and symbolic intensity. Leaders must align operations and symbolism, set clear guardrails, and proactively manage meaning drift before others define their loyalties.
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Cheaper air tickets may remain a distant dream for Indian flyers
Indian flyers may have to wait longer for airfare relief after the festive season as elevated aviation turbine fuel prices, rupee depreciation and West Asian conflict-related disruptions keep costs high. ICRA expects fares to remain elevated in the near term, with sustained relief depending on lower fuel prices and improved capacity availability.
Right question for a bearish market: Not ‘will it fall’, but ‘is the business falling’? 5 large-caps with upside potential of up to 29%
The best large companies are the ones FPIs own the most. So, when they decide to sell, it is precisely these high-quality stocks that see the heaviest selling. That is one of the reasons why large-cap stocks have been under pressure of late.
Air India CEO looks to cut high maintenance bill of A350 fleet engines; sets up committee
Tewolde Gebremariam is exploring ways to reduce the cost of Air India's Airbus A350 maintenance. The airline has faced higher expenses than anticipated for operating and maintaining the Trent XWB engines. This cost review is part of Tewolde's effort to improve the financial performance of the loss-making carrier. Additionally, he aims to enhance cargo operations, which currently utilize only a fraction of their capacity.
Delhi's new protest site Ramlila Maidan has just 3 booking days left this year; cost tops Rs 1 lakh
Ramlila Maidan, one of three venues designated for protests in Delhi after Jantar Mantar was de-notified, has no available booking dates until December 29, except for December 30 and 31. Officials say a one-day booking requires an initial payment of about Rs 1.21 lakh, while traders and transport operators warn that demonstrations could worsen congestion around commercial markets, railway stations and major roads.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
A piece of advice for those who still have the stomach to invest in the current volatile market. Don’t take any price action as the gospel truth; look beyond the index movements. And, finally, be both cautious and selective in your stock picks.
One.Tel collapsed in 2001 after billing failures and a cash crisis. How its legal fallout led to a $40 million settlement in 2014
One.Tel collapsed in 2001 after years of trading losses, billing failures and mounting cash-flow problems. The Australian telecom company's failure triggered a prolonged legal dispute, which ended with companies associated with James Packer and Lachlan Murdoch agreeing to a $40 million settlement in 2014.
Malaysia Airlines open to partnership with India, seeks to expand network, says Group CEO Captain Nasaruddin A. Bakar
Malaysia Airlines recognizes strong demand for corporate and visiting friends and relatives traffic in India. The carrier has seen a 13 per cent year-on-year growth in passenger traffic this year. Its strategic partnership with IndiGo has expanded its connectivity to several new Indian destinations. Malaysia Airlines aspires to increase its flight frequency and secure additional slots from the government.
Swan Defence shares rise 4% to hit 52-week high on Rs 1,897 crore tanker order prospect
Swan Defence and Heavy Industries shares rose after the company emerged as the lowest bidder for a Rs 1,897 crore order to build four medium-range product tankers. The proposed contract could strengthen its order book amid India's push to revive domestic shipbuilding.
Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisation
The outlook for Pakistan's economy appears optimistic, with anticipated growth rates of over 4% this fiscal year, spurred by strategic government privatization initiatives. The finance minister outlined plans to privatize five to six state-owned enterprises, potentially yielding upwards of $1 billion in revenue. Additionally, negotiations with the United States are underway to create a $10 billion exchange stabilization facility. After reaching a staff-level agreement with the IMF, around $1.
Swan Defence and Heavy Industries Ltd set to win Rs 1,897 crore tanker order
Swan Defence and Heavy Industries Ltd is set to secure a major contract with state-owned companies for the construction of four dual-fuel ready Medium Range product tankers. By offering a more competitive price than Cochin Shipyard Ltd, SDHI has positioned itself favorably. This upcoming order not only bolsters the company’s portfolio since it resumed operations but also heralds a new era for India's shipbuilding sector, propelled by government support.
No worm for early birds on domestic air ticket counter as advance flight booking advantage fades
Airlines in India are changing their pricing strategies, maintaining high fares for both early and last-minute bookings. The reduced capacity and uncertainty in fuel costs are the main factors influencing these pricing changes. As competition dwindles, fewer options are available for travelers, leading to increased prices. Experts predict that 2027 may also witness higher airfares without increased capacity in the market.
Tech companies tap debt, equity to fund AI and cloud expansion
Major tech giants like Alphabet and Amazon are gearing up for significant debt offerings aimed at bolstering their AI capabilities. Meanwhile, SpaceX seeks funding specifically for Nvidia chips to enhance its AI infrastructure. Other significant players including Salesforce and Oracle are following suit, utilizing debt markets for expansions and buybacks.
SCI to help India achieve ambition of becoming top shipping nation: Sonowal
India's Union Minister Sarbananda Sonowal emphasized the importance of domestic shipbuilding at the Shipping Corporation of India's anniversary. The company is expected to see its Profit After Tax surpass Rs 2,000 crore this fiscal year. Sonowal called on SCI to play a key role in achieving the national goal of self-reliant shipbuilding by 2047.
Flydubai incident: Multiple countries probe co-pilot’s background after cockpit attack: Reports
Authorities are investigating Omani co-pilot Hamam al-Hammami for an attempted hijacking of a flydubai flight. The incident occurred during flight FZ1073, resulting in severe injuries to Captain Smit Machchhar. Investigators from Australia and Israel are examining al-Hammami's ties and motives. He was previously banned from flying in Oman due to radical ideological concerns.
In the 1960s, Donald Bateman built a cockpit warning system after aircraft kept crashing into terrain; by 1973, the FAA was requiring the technology
C. Donald Bateman invented the Ground Proximity Warning System in the 1960s to prevent controlled flight into terrain accidents. This system provides pilots with crucial alerts about dangerous altitude and proximity to terrain. Despite being equipped with the original GPWS, a tragic crash in Peru highlighted its limitations in preventing all accidents. Modern aircraft benefit from an advanced version known as the Terrain Awareness and Warning System.
Indian Oil approves Rs 2,449 crore for Kochi-Kanyakumari-Thoothukudi natural gas pipeline development
Indian Oil's board approved a significant investment for a new natural gas pipeline. This 424.65-km project will connect Kochi and Thoothukudi in southern India. The pipeline will enhance natural gas transmission infrastructure across the region. It will support city gas networks and industrial consumers. This development strengthens existing gas supply networks in southern India.
Ryan Reynolds bought into Mint Mobile and turned himself into its unlikely spokesman; 4 years later, T-Mobile agreed to pay up to $1.35 billion for its parent company
Ryan Reynolds bought into Mint Mobile and turned himself into its unlikely spokesman; 4 years later, T-Mobile agreed to pay up to $1.35 billion for its parent company. Reynolds owned about 25% of the carrier and earned an estimated $300 million to $337.5 million from the sale. His role extended beyond ownership as his agency Maximum Effort created and starred in Mint’s ads, helping build the brand before T-Mobile completed the acquisition in 2024.
Indian woman loses iPhone 16 Pro for the 5th time in Japan; Finds it untouched again. Says, ‘Only possible in Japan’
An Indian woman's repeated recovery of her lost iPhone in Japan has highlighted the country's exceptionally organized lost and found system. Despite losing her device five times, it was consistently returned, showcasing both individual honesty and a robust infrastructure. This system, involving police stations and evolving technology, facilitates the return of millions of lost items annually, offering reassurance in a world where losing a smartphone can be devastating.
Tata's quiet man is staying amid 'all-out war' at Indian conglomerate
Natarajan Chandrasekaran has agreed to stay as Tata Sons chairman for another five years after reversing his decision to leave in 2027. But his third term begins amid a rare public rupture with Tata Trusts, alongside challenges at Air India and Jaguar Land Rover and a dispute over a potential Tata Sons listing.
Sustainability programme driving growth, India key to global expansion, says PepsiCo
PepsiCo is taking its sustainability push deeper in India, from helping farmers and cutting water use to shifting packaging and transport. Its PepsiCo Positive programme now spans 36,000 farmers across 14 states, while EV trucks, low-sugar beverages and regenerative farming show how the company is trying to make sustainability part of everyday business.
These large- and mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos have upside potential of up to 25%, according to analysts
Talk of tariffs, especially steep ones, makes the market nervous. Which is exactly why the next few trading sessions are critical, and why being in a hurry to take any market-related decision is the one thing to avoid right now. It is better to be cautious, to wait and watch. And let the picture become a little clearer before you act.
Pakistan to seek bigger China swap line as $30 billion facility nears renewal
Pakistan plans to request an increased swap line with China upon its 2027 expiration. The nation anticipates a U.S. response regarding a proposed $10 billion stabilization facility soon. Discussions are ongoing with U.S. entities for potential aircraft and refinery financing. Pakistan navigates elevated crude oil prices due to Middle East conflict concerns. The government currently sees its financial situation as manageable without additional IMF support.
Malaysia talks to rival airlines as it monitors AirAsia's financial health, sources say
Faced with challenges, the Malaysian government is exploring options for other airlines to take over AirAsia's domestic market presence. This comes as officials keep a close watch on the financial viability of the struggling airline. Malaysia Airlines and Batik Air are in talks about potential organic growth. AirAsia, grappling with rising jet fuel expenses and substantial liabilities, is in urgent need of fresh capital for debt restructuring.
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