Airbus delivers first jet from new China line

Airbus has delivered the first A320neo from its second Tianjin assembly line, expanding production capacity as China’s aviation market continues to grow, reports Asian Lite News Desk Airbus has delivered the first A320neo assembled at its second final assembly line in Tianjin, China, marking a major expansion of the European aircraft maker’s production capacity in one of the world’s largest aviation markets. The aircraft was handed over to China Eastern Airlines on Wednesday, becoming the first jet completed at the new facility. The second A320 Family final assembly line is Airbus’ second such facility in China and Asia. The delivery

Hong Kong retains global finance crown in Asia

Hong Kong retains third place in the latest global financial centres index, leading Asia-Pacific while ranking first worldwide in fintech and financial sector development, reports Asian Lite News Desk Hong Kong has retained its position as the world’s third-largest financial centre and the leading financial hub in Asia-Pacific, according to the latest Global Financial Centres Index published on Wednesday. The Global Financial Centres Index 40, produced by UK-based Z/Yen Group in partnership with the China Development Institute in Shenzhen, assessed 117 financial

World News

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BRICS RISING

India’s BRICS presidency puts the Global South’s development needs centre stage, advancing digital infrastructure, finance, trade, sustainability and a stronger voice in global governance…reports

UK News

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TCS Opens AI Powerhouse in London

New 4,500-square-foot hub supports digital transformation and forms part of company’s plan to create 5,000 UK jobs….reports Asian Daily News

Business

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Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the

India Remittances Surge Over Decade

Digital connectivity has strengthened these links by allowing migrants to share knowledge and expertise remotely while continuing to work and remain economically active overseas…reports Asian Lite News Desk India’s remittance economy has expanded sharply over the past decade, with private

Showbiz

Kohli, Anushka Celebrate RCB Triumph

Anushka Sharma celebrated Royal Challengers Bengaluru’s IPL victory with a heartfelt social media post featuring a kiss on Virat Kohli’s forehead as he held

Sport

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England Pacers On The Rise

The latest jump means Robinson has gained 22 places since the start of the series….reports Asian Lite News Desk England fast bowlers Ollie Robinson

Feature

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UN Chief Warns Of Frontier AI Risks

UN human rights chief Volker Turk has warned that rapidly advancing frontier AI could create unprecedented risks for fundamental rights and societies…reports Asian Lite News Desk United Nations human rights chief Volker Turk has called for urgent action to address
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