Money
Why Malaysia Airlines will retire its fleet of A380’s
Malaysia Airlines has confirmed they are set to retire their entire fleet of A380 aircraft
All six of Malaysia’s A380 superjumbo’s will end their service over the next few months.
The change comes as the airline transitions to twin-engine jets only.
Given the poor second-hand market for the jet, the airline is still figuring out its game plan to retire the aircraft.
Why the superjumbo hasn’t been quite so super
Airlines that operate the A380 often say the jet is hard to fill, expensive to run, and inefficient. The jet is the largest commercial airplane ever built.
The rapid decline of the Airbus comes at a time where the aviation industry is evolving.
The decision to stop production on the A380 came after Emirates, which operates more than half of all flights using the plane, halved its latest order.
After being in production for a little over 12 years, the A380 will go down as one of the shortest-lived models in aviation history.
Moving towards twin engine aircraft
Airlines are now shifting towards twin engine aircraft such as the popular Boeing 787 Dreamliner.
As a result, the giant of the skies could well be the last of its kind.
Money
Wall Street hits record highs as markets shrug off Venezuela tensions
US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.
US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.
US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.
The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.
The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.
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Money
Dow hits record after U.S. military action in Venezuela
Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.
Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.
The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.
Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.
Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.
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Money
Wall Street eyes further gains in 2026 as rate cuts fuel optimism
Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.
Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.
Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.
The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.
However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.
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