TazaPulse

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air

Air Taxis: The future of flying? US moves to fast-track air taxis, supersonic planes and drone expansion

Air taxi (representative image) The US Federal Aviation Administration (FAA) is stepping up efforts to support the deployment of air taxis, supersonic passenger aircraft, drones and commercial space launches, as it looks to modernise aviation regulations and accelerate the adoption of next-generation technologies.Speaking to Reuters at the Farnborough International Airshow, FAA deputy administrator Chris Rocheleau...
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Stocks making the biggest moves premarket: GM, MMM, NVS, NBIS

Check out the companies making headlines before the bell: Novartis — Shares jumped 4% after the Swiss pharmaceutical company posted second-quarter core earnings and revenue that exceeded expectations, adding that it “remains on track” to deliver on its full-year guidance and midterm outlook. Core earnings of $2.41 per share topped the StreetAccount consensus of $2.15...
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5 things to know before the stock market opens Tuesday

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. JetBlue won the LaGuardia Airport slots left open by Spirit Airlines. I’ll be keeping an eye on whether it also moves to the airport’s Art Deco-style Marine Air Terminal, which I’ve visited many times for Spirit flights. Stock futures are...
red sea route

Another oil shock loading for India? How Red Sea route disruptions may hit not only Saudi, but also Russian crude supply

Like the Strait of Hormuz, the Bab el-Mandeb Strait is a strategically important maritime shipping route. In March 2026, India was faced with an unprecedented oil supply and price shock. Four months from then, India has managed to successfully secure its crude supplies through a diversified procurement basket relying mainly on Russian crude to tide...
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