Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway posts massive .8 billion loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in US stock prices … Read more

China’s home-grown C919 jet nears certification as test planes complete tasks

China’s home-grown C919 jet nears certification as test planes complete tasks

The fifth prototype of China’s home-built C919 passenger plane takes off for its first test flight from Shanghai Pudong International Airport in Shanghai, China October 24, 2019. Picture taken October 24, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register SHANGHAI, July 23 (Reuters) – China’s homegrown C919 narrow-body jet, designed to challenge … Read more

Aviation sector faces hiring headache as mechanics shortage looms

Aviation sector faces hiring headache as mechanics shortage looms

MONTREAL/BENGALURU, July 15 (Reuters) – Christophe Gagnon considered quitting his avionics studies as COVID-19 crippled aviation, but the 21-year-old stayed in class and now the industry is desperate for more like him to keep planes flying. Two years after lockdowns nearly grounded the airline industry, repair shops and suppliers are scrambling for students like Gagnon, … Read more

NASA, Russian space agency sign deal to share space station flights – Roscosmos

NASA, Russian space agency sign deal to share space station flights – Roscosmos

July 15 (Reuters) – NASA and Russia’s space agency Roscosmos have signed a long-sought agreement to integrate flights to the International Space Station, allowing Russian cosmonauts to fly on US-made spacecraft in exchange for American astronauts being able to ride on Russia’s Soyuz , the agencies said Friday. “The agreement is in the interests of … Read more

Rogers network outage across Canada hits banks, businesses and consumers

Rogers network outage across Canada hits banks, businesses and consumers

General view of the Rogers Building, quarters of Rogers Communications in Toronto, Ontario, Canada October 22, 2021. REUTERS/Carlos Osorio Register now for FREE unlimited access to Reuters.com Register Rogers dominates Canada’s telecom sector Banking services down, transportation disrupted Outage renews criticism over telecom sector competition TORONTO/OTTAWA, July 8 (Reuters) – A major network outage at … Read more

Wall St slides, Dow set for worst first-half since 1962

Wall St slides, Dow set for worst first-half since 1962

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US May consumer spending rises moderately; higher inflation S&P 500 headed for worst first-half since 1970 Indexes down: Dow 0.72%, S&P 0.58%, Nasdaq … Read more

Boeing shares plunge on array of charges, 737 MAX target in doubt

Boeing shares plunge on array of charges, 737 MAX target in doubt

April 27 (Reuters) – Boeing Co (BA.N) unveiled $2.7 billion in charges and added costs across its aircraft portfolio on Wednesday, and expressed doubts over hitting jet delivery targets as technical problems, inflation and supplier risks cloud its path toward recovery. Shares of the US planemaker fell to a nearly 1-1/2 year low after it … Read more

India’s aviation regulator bars 90 SpiceJet pilots from flying Boeing MAX planes

India’s aviation regulator bars 90 SpiceJet pilots from flying Boeing MAX planes

A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, US June 29, 2020. REUTERS/Karen Ducey/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, April 13 (Reuters) – Indian budget carrier SpiceJet Ltd (SPJT.NS) said on Wednesday the country’s aviation regulator has asked 90 of its … Read more