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SAS in talks with Boeing and Airbus on widebody order, Bloomberg News reports
Reuters· 2026-02-04 18:08
Core Viewpoint - SAS AB is negotiating with Boeing and Airbus for a significant order of widebody jets, reflecting the airline's confidence in the increasing demand for long-haul travel [1] Group 1: Company Strategy - The CEO of SAS AB indicated that the airline is betting on a rise in long-haul travel demand, which is driving the discussions for a large aircraft order [1] Group 2: Industry Outlook - The ongoing talks with major aircraft manufacturers suggest a positive outlook for the long-haul travel segment within the airline industry, as carriers prepare for a potential increase in passenger numbers [1]
Automakers back Trump plan to roll back fuel economy rules, but seek changes
Reuters· 2026-02-04 17:52
Major automakers on Wednesday called for changes in the Trump administration's proposal to reform fuel economy standards, but said they back the plan to drastically slash the efficiency requirements. ...
Suncor to lay out plans for long-term bitumen supply this spring
Reuters· 2026-02-04 17:38
Core Viewpoint - Canadian oil sands producer Suncor Energy is exploring options to secure long-term bitumen supply, as stated by the company's chief executive [1] Company Summary - Suncor Energy is actively considering various strategies to ensure a stable supply of bitumen in the long term [1]
Novo to launch Ozempic pill for diabetes in second quarter of this year
Reuters· 2026-02-04 17:23
Novo Nordisk said on Wednesday it will launch some doses of its oral semaglutide for diabetes under the brand name Ozempic pill in the second quarter of this year. ...
UK asks Air India to explain Boeing Dreamliner fuel-switch incident
Reuters· 2026-02-04 16:53
Core Viewpoint - The UK's aviation authority is seeking an explanation from Air India regarding the safety of a Boeing Dreamliner passenger jet that was grounded upon arrival in India after taking off from London [1] Group 1: Safety Concerns - The Boeing Dreamliner passenger jet was grounded in India for safety checks, raising concerns about its operational safety [1] - The incident highlights potential regulatory scrutiny and safety compliance issues for Air India [1] Group 2: Regulatory Actions - The UK's aviation authority is actively involved in investigating the circumstances surrounding the flight, indicating a proactive regulatory approach [1] - Air India is required to provide a detailed explanation, which may impact its operational procedures and regulatory standing [1]
Roblox launches AI tech that generates functioning models with natural language
Reuters· 2026-02-04 16:52
Roblox launched an artificial intelligence technology on Wednesday that can generate fully functioning in-game models using natural language prompts, as the company aggressively pursues machine learning to attract more developers to its videogame platform. ...
Spirit Airlines looks to transfer two Chicago airport gates to United Airlines for $30 million
Reuters· 2026-02-04 16:41
Spirit Aviation is seeking court approval to transfer two airport gates to United Airlines for $30.2 million, according to a court filing. ...
Exclusive: Cigna settles FTC insulin case, commits to overhauling drug pricing
Reuters· 2026-02-04 16:38
Core Viewpoint - Cigna Corp's Express Scripts has reached a settlement with the U.S. Federal Trade Commission regarding claims that its insulin pricing practices violated antitrust and consumer protection laws, and has agreed to implement changes aimed at lowering insulin costs for consumers [1] Group 1: Settlement Details - The settlement addresses allegations of antitrust violations related to insulin pricing practices [1] - Changes agreed upon by Express Scripts are intended to reduce insulin costs for consumers [1] Group 2: Regulatory Context - The U.S. Federal Trade Commission's involvement highlights ongoing scrutiny of pharmaceutical pricing practices [1] - This settlement may set a precedent for future regulatory actions against similar pricing practices in the healthcare industry [1]
AI chip maker Cerebras Systems raises $1 billion in late-stage funding
Reuters· 2026-02-04 16:08
AI chip maker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion. ...
Oil majors snap up West African blocks in hunt for next Brazil
Reuters· 2026-02-04 15:55
Core Viewpoint - Major oil companies, including Chevron and TotalEnergies, are actively acquiring offshore blocks in West and Southern Africa due to favorable geology, regulatory reforms, and the necessity to replenish reserves [1] Group 1: Industry Trends - The oil sector is experiencing a resurgence in interest for offshore exploration, driven by the need for new resources and improved regulatory environments [1] - Regulatory reforms in the region are making it more attractive for companies to invest in offshore oil blocks [1] Group 2: Company Actions - Chevron and TotalEnergies are leading the charge in acquiring new offshore blocks, indicating a strategic shift towards expanding their exploration portfolios [1] - The acquisitions are part of a broader strategy to restock reserves, which is critical for maintaining production levels in the face of declining output from existing fields [1]