Airbus unveils technology demonstrator ‘blended wing body’ aircraft

On Tuesday, Airbus SE unveiled its latest concept “blended wing body” design aircraft that could slash carbon emission by as much as 20%. Since 2019, Airbus has been carrying out flight tests of the 10.5 feet (3.2-metre-wide) technology demonstrator, code-named Maveric, at a secret location in central France. The “blended wing body” design has been…

Standard Chartered’s SC Ventures to invest, oversee and manage investments in fintech sector

The move underscores the growing importance of technology in the banking sector. On Wednesday, Standard Chartered disclosed that it has established a business unit which will promote innovation and which will invest in financial technology. While one part of SC Ventures, its business unit which will include internal consultants to help resolve issues with the…