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US consumer inflation cools more than expected in October
US consumer inflation cools more than expected in October
Economy
by  AFP

US consumer inflation cooled more than expected last month, according to government data published Tuesday, providing welcome news for policymakers looking to control price increases without damaging the economy. The consumer price index (CPI) inflation gauge increased by 3.2 percent in the 12 months to October, down from 3.7 percent a month earlier, the Labor Department said.

Ethiopian Airlines snaps up 31 Boeings in 'landmark' deal
Ethiopian Airlines snaps up 31 Boeings in 'landmark' deal
Economy
by  AFP

Ethiopian Airlines ordered 31 Boeing jets with an option for 36 more in a "landmark" deal on Tuesday as it joined the list of companies betting big on the growth of aviation. - Engine stalls purchase - While Boeing has enjoyed the lion's share of the deals in Dubai this week, Airbus announced an order for 10 A350-900 planes by EgyptAir on Tuesday.