November 15, 20240 Comments

Europe’s flying taxi dreams falter as cash runs short

Volocopter The VoloCity made demonstration flights in Paris over the summer One of the innovations at this year’s Paris Olympics was supposed to be an electric flying taxi service. Germany’s Volocopter promised its electric-powered, two-seater aircraft, the VoloCity, would be ferrying passengers around the city. It never happened. Instead the company ran demonstration flights. While missing that deadline was embarrassing, behind the scenes a more serious issue was playing out

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November 11, 20240 Comments

Europe’s STOXX up 1% at start of data-packed week By Reuters

By Shashwat Chauhan (Reuters) -European shares advanced on Monday (NASDAQ:), with most sectors gaining, ahead of a week packed with global economic data including inflation readings in Germany and the United States. The pan-European added 1%, with industrials among the top gainers, up 1.4%. Later this week, inflation readings across Europe, the United States and a preliminary reading of euro zone third-quarter GDP would remain in focus. Minutes from the

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