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China tests first electric aircraft

China’s first domestically manufactured electric airplane successfully completed its maiden flight this week, the country’s media reported on Friday. The AG60E plane, developed by China Aviation Industry General Aircraft Corporation, took off from Jiande Qiandaohu Airport in east China’s Zhejiang Province on Wednesday. It landed at the same airport after conducting a short test flight,…

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EU state reports record number of corporate bankruptcies

Over 55,000 French businesses closed their doors in 2023, the Bank of France says More than 55,000 businesses were shut down in France in 2023, marking a record high for company closures since 2017, according to data compiled at the close of December by the Bank of France.

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White House warns of ‘dire’ Ukraine aid situation

Washington drastically needs congressional approval for new funds to continue supporting Kiev, a top US budget official has warned The White House desperately needs congressional approval of its major aid package for Ukraine if support for Kiev is to continue, Shalanda Young, the director of the Office of Management and Budget, told journalists on Friday.…

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