Prime Minister Rishi Sunak welcomed a mega deal by Air India to buy 250 jets from Airbus , saying it would create jobs and boost exports from Britain, where the French plane maker designs and makes aircraft wings.
The deal should create 450 manufacturing jobs and bring more than 100 million pounds ($122 million) of investment to Wales, where Airbus manufactures wings, the British department for business and trade said.
The deal also includes 40 wide-body A350 aircraft powered by Rolls-Royce engines, which are assembled and tested in Derby in central England.
($1 = 0.8195 pounds)
Source : Reuters
In international affairs, what a country does depends on its own interests and on what…
US Treasuries have long been the benchmark dollar safe asset, and the convenience yield they…
AI agents can now write substantial amounts of research code. In a recent self-selected survey,…
Governments and international organizations collectively invest trillions of dollars each year in transport infrastructure —…
One in five workers worldwide lives in South Asia, where 1.17 billion people are in…
Stablecoins compete with banks for households’ holdings of safe and liquid assets, while creating additional…