Boeing Wins $18 Billion Qatar Deal in Blow to Airbus

Providing a sales boost to the U.S. company’s upgraded 737 jetliner with one of the year’s largest commercial airplane deals, Boeing Co. landed an $18.6 billion deal with Qatar Airways for as many as 100 aircraft. Marking its first narrow-body order with Boeing since 1979, the Doha-based carrier pledged to buy as many as 60 of the…

Restrictions on Aviation Carbon Emissions Reached in a ‘Historic’ Agreement

The International Civil Aviation Organization’s (ICAO) 39th Assembly in Montreal witnessed the signing of a landmark agreement to control CO2 emissions from international aviation. With 191 countries agreeing to a global market-based measure (GMBM) to “control” CO2 emissions from flying, the deal was reached on Thursday. A raft of “mitigation measures” the air transport industry…

Plugging in Phone into a Solar Powered Clothes to Charge it up is a Possibility

The sartorial periphery of smartwatches, camera-sunglasses, and fitness trackers are the areas that wearable technology has been largely constrained to. Moisture-wicking, stretchiness, breathability are the areas of interest in terms of activewear and workout gear where much of the fabric tech in the apparel industry is devoted to. Dealing mostly with athletics and personal care, smart…

The New Too-Big-to-Fail Plan for Clearing Crisis Readied by EU

To prevent derivatives clearinghouses’ failure from wreaking havoc throughout the financial system, the European Union plans to give authorities sweeping powers to tackle ailing the clearinghouses. Rules on saving or shuttering clearinghouses that would apply to firms such as London-based LCH, have been laid down in the draft EU legislation, reported the media. From the powers…

Tipping Point for Industrial Internet at Hand Seen by IBM

IBM is of the opinion that the mass market would soon be hit by the so-called Internet of Things (IoT), which is essentially plugging computer sensors into factories, cars, shops and offices to help them operate more smartly on the industrial Internet. IBM’s industrial Internet business has surged to 6,000 paying customers from 4,000 at…