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Boeing 737 MAX software issue: US FAA to convene review on Friday

The US Federal Aviation Administration (FAA) will hold a safety review of a software issue affecting Boeing 737 MAX aircraft that could increase pilot workload during a go-around. The review could determine whether the issue affects certification of the 737 MAX 10, which has been delayed pending the FAA’s analysis.…

The Economic Times · 17h ago

Taiwan bolsters defences against China as first batch of F-16V fighter jets to arrive

Taiwan is set to receive its first two F-16V fighter jets from a delayed US order for 66 aircraft, strengthening its air force amid rising Chinese military pressure. The $8 billion Lockheed Martin deal, approved in 2019, will expand Taiwan’s F-16 fleet beyond 200 jets. Delivery has faced software and…

The Economic Times · 17h ago

Anthropic's Dario Amodei: AI's most visible CEO and enigma

The surge in artificial intelligence and the heated debate around its risks have made Anthropic CEO Dario Amodei the most visible tech leader -- though the 43-year-old remains an enigma. "I think he is one of the great legends in tech and business," says Alex Karp, CEO of data-analytics specialist…

The Economic Times · 17h ago

Global Markets: Asian shares fall after wild swings in bonds, FX before US jobs data

Asian stock markets dipped as investors navigated through the turbulence of bond and currency fluctuations. Elevated oil prices, driven by military strains in the Gulf region, added to the market's unease. Speculations around high US Treasury yields and fiscal instability in Europe, especially concerning French bonds, also weighed heavily. Furthermore,…

The Economic Times · 18h ago

Japan government bond yields fall as global markets steady

Japanese government bond yields saw a significant drop on Friday, as the 10-year yield fell to levels not recorded since mid-September. Global bond markets stabilizing and shifts in central bank policies played a key role in this decline. Even though the Bank of Japan raised rates recently, inflation in Tokyo…

The Economic Times · 18h ago

IT fresher hiring rebounds; Agrani's Rs 800 crore raise

Happy Friday! After nearly two years of subdued fresher intake, hiring is picking up across the technology and IT industry. This and more in today’s ETtech Morning Dispatch.

The Economic Times · 18h ago

Oil prices edge higher, hover around $102 as US-Iran tensions, China fuel curbs support prices; MCX closed today

Oil prices rose for a third straight session as China halted fuel exports and the US weighed additional military deployments to the Middle East. Brent crude rose 0.26% to $102.58 a barrel, while WTI gained 0.04% to $92.91. Markets also assessed tighter fuel supplies and rising geopolitical risks.

The Economic Times · 18h ago

US dollar climbs to 17-month high as bond rout, French fiscal worries weigh on euro

The US dollar is experiencing a significant surge, reaching a 17-month peak as global bond yields continue to rise. Investor anxiety over inflation and increased government borrowing is steering market trends. As a result, yields on 10-year US Treasuries have soared to their highest point since 2002. Meanwhile, the euro…

The Economic Times · 18h ago

"Hit me so many times": New footage from flydubai flight shows bloodied Capt Machchhar whose heroics saved 180 lives

Captain Smit Machchhar was attacked by his co-pilot during a flight from Dubai to Tel Aviv. After being stabbed, he managed to unlock the cockpit door, thereby saving all passengers aboard. Police later identified the co-pilot as having undergone radical Islamist indoctrination and exhibiting suicidal tendencies. Israeli Prime Minister Benjamin…

The Economic Times · 18h ago

Aaron Rodgers opens up on marriage with Brittani, shares 'biggest regret' about his relationship

With the end of his illustrious NFL journey in sight, Aaron Rodgers readies himself for a formidable challenge against the Steelers. Pittsburgh's troubles on the road, particularly in AFC North matchups on Thursdays, add to the tension. Their 150th clash brings the rivalry full circle. Meanwhile, Rodgers contemplates his personal…

The Economic Times · 18h ago