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AAIA: Cathay Airbus defects could cause major damage

The engine defect in the Airbus A350 plane that led to the cancellation of dozens of Hong Kong-based Cathay Pacific Airways’ flights in early September could have escalated into “extensive damage,” public broadcaster Radio Television Hong Kong report…

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Bank of England holds interest rate at five pct

The Bank of England on Thursday kept interest rates steady at five percent, a month after cutting them for the first time since March 2020.

The Monetary Policy Committee (MPC) of the central bank said in a statement that eight of its nine members vo…

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AAIA: Cathay Airbus defects could cause major damage

The engine defect in the Airbus A350 plane that led to the cancellation of dozens of Hong Kong-based Cathay Pacific Airways’ flights in early September could have escalated into “extensive damage,” public broadcaster Radio Television Hong Kong report…

Read More »

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