US aircraft manufacturer Boeing and its former CEO, Dennis Muilenburg, have been fined $200 million after the company was accused by the US Securities and Exchange Commission of making false statements about the safety of the 737 Max model. Statements that were made after the occurrence of...
The business performance ratios for SMEs in Maputo province for the second quarter of 2022 point to a slight contraction in business performance in this province compared to the first quarter, reflecting the reduction in turnover, in a context of rising production costs. The information is contained in the report of the Business Robustness Index a few days ago...
The American company PespiCo has shut down production of three soft drink brands, namely Pespi, 7Up and Mountain Dew. Almost six months ago the firm warned that it would abandon its productions in Russia following the invasion of Ukraine. According to Reuters, Pepsi's last productions in Moscow date from July to 17...
TAP launched a promotional campaign on Monday with flights starting at 49 euros for destinations in Europe and 99 euros for African destinations. The tickets apply to journeys to be made until 30 June 2023. The promotion of flights from 49 euros applies to destinations in Europe, including mainland Portugal and...
German auto group Volkswagen announced today that it expects to raise between 8,710 and 9,390 million euros from the IPO of sports car maker Porsche AG on the Frankfurt stock exchange. Volkswagen, following the Supervisory Board meeting on Sunday evening, also stated that the starting price of the...
The Port of Beira, in Sofala, plans to increase container handling capacity from 300 to 700,000 containers per year. The increase is the result of the port equipment modernisation process. The deputy administrator of Cornelder de Moçambique, the concession holder for the Port of Beira, António Libombo, says that the parks will be extended in order to improve the...
The chairman of the board of directors of the company Caminhos-de-Ferro de Moçambique (CFM) is annoyed with the alleged slowness of customs procedures at the border of Ressano Garcia, in Moamba, Maputo province. Cited by Radio Mozambique, Miguel Matabel says that this phenomenon forces locomotives to remain at that location for up to 10 hours waiting for clearance...
The iPhone 14, iPhone 14 Pro and iPhone 14 Pro Max hit stores this Friday the 16th, and as is tradition with each release of a new Apple phone, lines soon formed in front of the company's stores. Apple's stores in Thailand and Japan were just...
Emirates Airlines, the world's largest international airline, carried more than 10 million passengers this summer on nearly 35,000 flights to 130 destinations. In a statement, the airline said that "having anticipated the strong return of travel demand, Emirates Airlines worked closely with its airport partners...
After being fined by France's National Commission on Information and Liberty (CNIL, in the original acronym) last January, the UK and the Netherlands are now moving forward with lawsuits against the tech giant for its alleged unfair adtech practices. The two lawsuits together could lead to Google...