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United Airlines invests in eco-friendly travel future

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United Airlines is bringing eco-friendly travel to the world of aviation

United Airlines says it plans to buy 100 E-S-19 electric planes from Swedish start-up Heart Aerospace.

The U.S. carrier has been keen to get into the future of electric, gearing up to obtain battery-powered aircraft for regional routes.

It is the latest in a series of such “innovation-related” announcements by United as major airlines come under pressure to cut emissions.

United’s Commitment to Sustainable Aviation

Heart Aerospace has partnered with United Airlines, Breakthrough Energy Ventures and Mesa Airlines to fund and develop the ES-19, an innovative product that will eliminate operational emissions and decrease the aviation industry’s carbon footprint.

Both United and Mesa have conditionally agreed to order 100 of the jets, given it meets each company’s safety, business and operating standards. The investment comes from United’s dedicated sustainability fund, called United Airlines Ventures (UAV), which is focused on innovative technologies that reduce carbon emissions while simultaneously improving the customer experience and revolutionizing how the industry operates.

United Airlines last month revealed bold plans to also buy the new supersonic jet, bringing ultra-fast travel into the market

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China has pledged to “significantly increase” debt to jumpstart its economy

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Finance Minister Lan Foan announced plans to help local governments tackle debt, support low-income households, and boost the property market.

Investors have been urging such steps as China faces deflationary pressures and a sharp property market downturn.

However, no figure was provided for the stimulus package, leaving markets anxious about the strength and duration of the recovery effort.

Economists warn that this lack of clarity may prolong uncertainty until China’s legislature approves extra debt measures.

Concerns are rising that China may fall short of its 5% growth target, signalling deeper structural challenges ahead.

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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

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Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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