Electric air transport set to take off with air taxis, cargo deliveries

Electric air transport set to take off with air taxis, cargo deliveries

A model of a Wisk Aero LLC electric vertical takeoff and landing (eVTOL) air taxi during the Singapore Airshow in Singapore, on Wednesday, Feb. 21, 2024.  Bloomberg | Bloomberg | Getty Images SINGAPORE — Among displays of defense jets, passenger airliners and high-tech aviation equipment at the Singapore Airshow were electric air transport vehicles — … Read more

23-year-old artist paid $500/month to live in a ‘dry’ cabin in Alaska

23-year-old artist paid 0/month to live in a ‘dry’ cabin in Alaska

The day after AnnMarie Young graduated from the University of Texas at Austin in 2021, she and her best friend moved to Fairbanks, Alaska for the summer. The 23-year-old artist lived in Alaska for three months before returning to Texas. But Young tells CNBC Make It that the moment she left, she knew she wanted … Read more

China policymakers will struggle to give markets what they want: Macrolens

China policymakers will struggle to give markets what they want: Macrolens

Photo taken on January 21, 2024 shows a real estate project under construction in Huai ‘an city, Jiangsu province, China. CFOTO | Future Publishing | Getty Images Policymakers are doing little to soothe concerns surrounding China’s ailing economy, Brian McCarthy, chief strategist at Macrolens told CNBC’s “Street Signs Asia” on Wednesday. “Chinese policymakers are going … Read more

Airbus says competition from China’s Comac C919 won’t ‘rock the boat’

Airbus says competition from China’s Comac C919 won’t ‘rock the boat’

A commercial Aircraft Corp of China (Comac) C919 aircraft operated by China Eastern Airlines during the Singapore Airshow in Singapore, on Tuesday, Feb. 20, 2024. Bloomberg | Bloomberg | Getty Images SINGAPORE — China’s homegrown airliner may be the latest challenger to Airbus and Boeing’s passenger jets, but an executive from Airbus said he’s not … Read more

Boeing won’t display passenger jets; Airbus, China will

Boeing won’t display passenger jets; Airbus, China will

An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Lindsey Wasson | Reuters SINGAPORE — Boeing will not be bringing any commercial planes to the Singapore Airshow, shifting the spotlight for passenger jets to rival Airbus as well as China’s homegrown … Read more

China Lunar New Year holiday travel spending surpasses pre-Covid levels

China Lunar New Year holiday travel spending surpasses pre-Covid levels

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images China’s travel activity and spending jumped above pre-pandemic levels during the Lunar New year holiday, in a sign that consumption was improving in the world’s second-largest economy. Some 474 million domestic trips were made during the … Read more

Asian currencies that will benefit the most from the Fed’s rate cuts

Asian currencies that will benefit the most from the Fed’s rate cuts

The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images The U.S. Federal Reserve is expected to cut interest rates later this year and, while that may not be good news for the dollar, some … Read more

Scandinavian airlines launches mystery flight—1,000 people signed up

Scandinavian airlines launches mystery flight—1,000 people signed up

Have you ever considered just packing a bag and catching a flight without knowing the destination? Scandinavian Airlines, a Sweden-based carrier, recently announced the opportunity for members of its EuroBonus loyalty program to book a flight experience they call “Destination Unknown.” In a press release, the airline says that “within minutes” of the announcement on … Read more

Treating China as ‘un-investable’ would be the wrong call: strategist

China Lunar New Year holiday travel spending surpasses pre-Covid levels

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images Even as China’s economy is facing difficulties, treating it as un-investable like some analysts have suggested would not be the right call, John Bilton, head of global multi-asset strategy at JPMorgan Asset Management, told CNBC’s “Squawk … Read more

Top 10 destinations for international travel in 2023

Top 10 destinations for international travel in 2023

In December, Euromonitor International released its annual list of the Top 100 City Destinations in the world for 2023. The report compared cities using 55 metrics across six categories, including tourism infrastructure, health and safety, sustainability, tourism performance, and more. Euromonitor International’s analysis also included a top 10 ranking of global cities based on the … Read more