Brazil Engine Maker Says Tariffs Are Hitting Lengthy-Time period Initiatives

[ad_1] (Bloomberg) — Brazil’s WEG SA, a supplier of business equipment for world oil and energy firms, mentioned its purchasers are delaying long-term investments because of rising geopolitical tensions and new tariffs. Chief Monetary Officer Andre Luis Rodrigues mentioned the corporate is getting ready actions to mitigate potential US tariffs of fifty% on Brazil which … Read more

No issues with AI-171 aircraft or engine; probe far from over: Air India CEO

[ad_1] A couple of days after India’s Aircraft Accident Investigation Bureau released its preliminary report on last month’s Air India flight crash, the airline’s chief executive told employees to avoid drawing premature conclusions as the investigation was far from over. In an internal note accessed by Mint, CEO Campbell Wilson highlighted that AAIB’s report had … Read more

Brijmohan Lall Munjal’s four-stroke engine of grit, gumption, resilience and humility

[ad_1] His hands were that of a workman rather than of a business tycoon who had built a multi-billion dollar enterprise. Often he would insist on pouring out the tea for guests, adding spoonfuls of sugar for younger journalists. “You need the energy,” he would insist. This was a man who understood people as well … Read more