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United Airlines bets bigger on premium travel as Iran war drives up fuel costs

CHICAGO, March 24 (Reuters) – United Airlines on Tuesday ​unveiled a broad aircraft and cabin overhaul centered on higher-end seating, pressing ahead with ‌its long-term growth plan days after warning that oil could stay above $100 a barrel through 2027 and outlining plans to trim some flights in response. The Chicago-based carrier said it expects to receive more than 250 aircraft by April 2028, including 68 Airbus, ​A321neo Coastliner and A321XLR jets with lie-flat Polaris business-class seats and larger premium cabins. The move ​comes after Chief Executive Scott Kirby said last week that United would trim ⁠about five percentage points

Brewers in India warn of shortages as Iran war hits glass bottle, can makers

NEW DELHI, March 24 (Reuters) – Global brewers operating in India ​are warning of price increases and supply disruptions as a shortage of gas due to the Iran war ‌drives up the cost of glass bottles and shipping delays hit imports of aluminium needed by can makers. India is especially vulnerable to fuel availability as the world’s fourth-largest importer of natural gas, relying heavily on the Middle East for shipments, sourcing about 40% of its supply from Qatar. Iranian attacks have partially disrupted Qatar’s export capacity, tightening ​gas availability for Indian manufacturers. The Brewers Association of India, representing global brewers

Rupee slumps 35 paise to settle at all-time low of 93.88 against US dollar

Mumbai, Mar 24 (PTI) The rupee dropped 35 paise to 93.88 (provisional) against the US dollar on Tuesday as a strengthening greenback against major crosses and elevated global crude prices spooked investors. Foreign fund outflows amid uncertainties over the West Asia crisis further weighed on the local unit, forex traders said. At the interbank foreign exchange, the local unit opened at 93.66 against the greenback and remained volatile throughout the session. It eventually settled at 93.88 (provisional), down 35 paise from its previous close. The rupee breached the 94-level against the US dollar for the first time on Monday, before

Investors take Rs 48.29 lakh cr hit in wealth amid West Asia war; Sensex plunges 10.5 pc

New Delhi, Mar 23 (PTI) Investors’ wealth has eroded by a whopping Rs 48.29 lakh crore since the start of the West Asia war on February 28, sending shock waves across global markets and driving the BSE Sensex lower by 10.56 per cent. Since the conflict began, the BSE benchmark Sensex has tumbled 8,590.8 points or 10.56 per cent, and the NSE Nifty lost 2,666 points or 10.58 per cent. The market capitalisation of BSE-listed companies eroded by Rs 48.29 lakh crore (Rs 48,29,041.45 crore) to Rs 415 lakh crore (Rs 4,15,21,629.82 crore) since then. The US and Israel launched

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