Business

Jaguar Land Rover to hire 5000 new staff

Jaguar Land Rover to hire 5000 new staff

Eventually, the 5000 people will be working on software systems, cyber systems, app development and graphics performance - suggesting that the roles are not just in Jaguar's driverless programme, but in other dimensions of its tech operations, too.



Lockheed Martin talks F-16, F-35 deals at Paris Air Show

With the US Air Force phasing out the F16s, Lokheed Martin needs a sustainable ecosystem to continue production of the fighter planes and India, which is still dependent on foreign supplies for most of its defence equipment, needs a firm supplier.


Trade commission seeks to block daily fantasy sports merger

Trade commission seeks to block daily fantasy sports merger

Liberman said the legal options for DraftKings and FanDuel include "going to court to make our case about the benefits of the proposed merger". The agency also said in its lawsuit that smaller daily fantasy sports companies are unlikely to "offset the anticompetitive effects of the merger".



Boeing unveils plans for new version of 737 Max

Boeing Co .is set to receive orders and commitments worth roughly $30 billion for the stretched Max 10 upgrade of the 737 workhorse, as its first new jet in nearly four years counters Airbus SE's headstart at the largest end of the single-aisle airliner market.



New Boeing jet and F-35 demand lift aerospace spirits in Paris

These tweaks introduced by the aerospace firm will allow for "up to four per cent fuel burn savings", as the winglets are created to reduce drag. The A380plus - which is still formally a development study - will also feature winglets which will provide up to 4% reduction in fuel-burn.



Verizon Communications taps former AOL head as CEO of Oath

With the closing, David Filo, Eddy Hartenstein, Richard Hill, Marissa Mayer, Jane Shaw, Jeffrey Smith and Maynard Webb Jr. resigned from the Yahoo/Altaba board, leaving Chairman Eric Brandt, Tor Braham, Catherine Friedman and Thomas McInerney (who will become CEO).