Boeing seeks to shore up its finances

Boeing is trying to shore up its struggling finances, to the tune of $35 billion. The aerospace giant is reeling from six years of safety issues and setbacks, and has recently announced plans to cut 17,000 jobs, or 10% of its global workforce. Business Editor Kate Moody looks at Boeing’s turbulent path. Also in the … Read more

Gujarat government auctions 25 major and 2,280 minor mineral blocks

The Gujarat government has auctioned 25 major and 2,280 minor mineral blocks, with Letters of Intent (LoI) being granted to eligible lease-holders Tuesday to mark the “Entrepreneurship Day”. Chief Minister Bhupendra Patel handed LOI to lease-holders and acknowledged the contributions of entrepreneurs to Gujarat’s development journey, stated a government release. “Under the ‘Vikas Saptah’, the … Read more

Seventeen Group lifts turnover in 2023

Seventeen Group boosted turnover by 21.8% to £45.31m in 2023 on the back of acquisitions and organic growth, as it trimmed losses compared to the year before. The business consists of four units – James Hallam Insurance Brokers, Isle of Man-based broker Kestrel Insurance Services, managing general agent Touchstone Underwriting and London Re, a joint … Read more