Tuesday, October 06
The crash of a Boeing 787 Dreamliner passenger jet in western India on Thursday is renewing scrutiny of company's safety record after a yearslong quality crisis.An Air India passenger plane carrying 242 passengers and crew members that was headed to London crashed in western India on Thursday, the airline said on social media. Air India said 242 passengers and crew were onboard the plane when it crashed. These include 169 Indians, 53 British, seven Portuguese and a Canadian. There was no immediate information about survivors.Boeing 787 Dreamliner planes have experienced operational problems in the past with passengers onboard, resulting in injuries. But there has not been a fatality recorded in previous incidents involving the Boeing 787 Dreamliner aircraft, according to the Aviation Safet
Shipping stocks like GE Shipping and SCI soared up to 13% on Friday as mounting tensions between Israel and Iran jolted global markets, pushing crude prices sharply higher and raising bets of container shipping rates rising.Shares of Great Eastern Shipping Company rose as much as 7.7% to Rs 1,049.70 on the BSE, while Shipping Corporation of India (SCI) surged 13.3% to Rs 233.80, amid growing expectations of a spike in tanker and container freight rates.The sharp rally comes as traders braced for fallout from Israel’s large-scale military strike on Iran, a move that heightened the risk of disruptions in one of the world’s most vital shipping corridors.The Israeli military launched coordinated strikes on Iran on Friday, targeting nuclear facilities, missile production sites and top comma
