Brexit: on the Queen's table
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Honda experiences long haul just to recoup jet costs
After up to three decades building an airplane from scratch, chief engineer of the Hondajet, Michimasa Fujino might have to reach a ripe old age to see Honda Motor Co's aviation project offset its development costs.
Honda has refused to disclose the costs, though the carmaker has been researching aircraft development since 1986. Additionally, vice president of analysis at aerospace consulting company Teal Group, states that it has probably spent approximately $1 billion on the jet program since the early 2000s, which is more than double the $400 million typical for such jets.
A five-year delivery delay as well as developing its own engine backed the bill.
The company, which gave the world the Honda Civic that revolutionized compact vehicles in America in the 1970s, is actually betting its six-seater light $4.5 million dollar business jet, the first aircraft designed by an automaker since World War Two, is going to expand the fuel-efficient private jet market.
Similar
Trump, Davos, USA
Donald Trump spoke at the World Economic Forum in Davos. You have to hear this.
Trading EUR: await news from the ECB
The ECB Monetary Policy Meeting Accounts will be released at 14:30 MT on January 16
Latest news
Brexit: on the Queen's table
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
Deposit with your local payment systems
