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Boeing faces setback after Air India flight crash

Air India flight crash marks Boeing 787’s first fatal incident, jeopardising Boeing’s recovery amid ongoing safety concerns.

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Air India flight crash marks Boeing 787’s first fatal incident, jeopardising Boeing’s recovery amid ongoing safety concerns.

In Short:
An Air India flight crash involving a Boeing 787 near Ahmedabad resulted in no survivors, marking Boeing’s first fatal incident with this model. The incident further complicates Boeing’s recovery from prior safety issues and has negatively impacted its stock.

The crash of an Air India flight to London marks the first fatal incident involving a Boeing 787. This accident comes as Boeing attempts to recover from previous safety and manufacturing crises.

In recent years, Boeing has suffered significant financial losses due to aircraft groundings and production delays. The Boeing 787-8 jet was carrying 242 passengers and crashed shortly after departure from an airport near Ahmedabad in western India.

Cause of crash

The cause of the incident is currently unknown, as accidents can arise from various factors, including crew errors or manufacturing faults.

In response, Boeing confirmed it is in contact with Air India regarding the situation and is prepared to assist. Following the crash, Boeing’s stock saw a decline of about 5%.

This incident poses another challenge for Boeing, which was beginning to recover from a high-profile accident involving a 737 MAX.

That earlier incident resulted in the removal of Boeing’s chief executive and raised questions about the company’s safety culture and production practices.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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Senate passes deal to end historic shutdown

Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.

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Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.


The U.S. Senate has approved a spending bill 60–40 to end the nation’s longest government shutdown, with House support and presidential backing expected.

The package funds key departments through January while adding new privacy safeguards for lawmakers.

#USPolitics #GovernmentShutdown #SenateVote #Congress #Trump #MikeJohnson #Washington #USNews #FederalFunding #CapitolHill


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Sussan Ley’s leadership tested amid net-zero debate

Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

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Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

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In Short:
– Sussan Ley’s leadership is questioned as the Liberal party debates net-zero emissions amidst internal divisions.
– Moderate MPs warn losing elections if net-zero is abandoned, highlighting urban voter support for a 2050 target.
Sussan Ley’s leadership faces scrutiny as the Liberal party debates a net-zero emissions target.
Conservative members argue she should abandon the goal to maintain her position, while moderates hope for a compromise that aligns with the Paris Agreement.Banner

Leadership contenders like Angus Taylor and Andrew Hastie support staying committed to the Paris Agreement, rejecting a net-zero commitment. Taylor indicated future leadership aspirations are not confirmed.

Pro-net-zero frontbencher Tim Wilson seeks decisive leadership to address the issue. Ley’s lack of internal guidance frustrates moderates, creating uncertainty regarding her stance on net-zero. While some conservatives advocate for its dismissal, others display mixed support.

Liberal party dynamics shift as polling reveals significant opposition to net-zero among constituents. The upcoming party room meeting and shadow ministers gathering will aim to finalise the Coalition’s position.

Internal Divisions

Moderate MPs warn that elections will be lost if net-zero is abandoned, emphasising its importance in urban areas.

A poll indicates strong support for a 2050 net-zero target among voters. Critics of the Nationals’ policy argue it is misguided and incompatible with national interests.

Calls for resignation from frontbench positions are met with opposition. Some representatives voiced frustration over the timing of the meeting, suggesting it should have been resolved earlier.


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