US fines Emirates $1.5 million for operating in prohibited airspace

The U.S. Transportation Department said on Thursday it fined Emirates $1.5 million for operating flights carrying JetBlue Airways’ designator code in prohibited airspace. The department said that between December 2021 and August 2022, Emirates operated a significant number of flights carrying the JetBlue Airways (NASDAQ:JBLU) code between the United Arab Emirates and the United States […]

KfW sells 110 million shares in Deutsche Telekom for $2.7 billion

German state lender KfW (KFW.UL) has sold 110 million shares in Deutsche Telekom (DTEGn.DE), opens new tab for 2.5 billion euros ($2.7 billion), it said on Monday, as part Berlin’s plans to sell holdings in companies to invest in the country’s rail network. The shares – equivalent to a 2.2% stake in the telecoms group – were […]

How to invest in India, the world’s fastest-growing major economy

India has been dubbed the “perfect” emerging market to invest in, but it can be tricky for those outside the country to gain access. CNBC Pro assesses the case for buying into this booming economy, the risks to consider — and how global investors can get involved. India’s stock market has been making headlines this year, and […]