Biman Bangladesh to Buy 10 Airbus Jets, Breaking Boeing Continuity

State-owned carrier Biman Bangladesh Airlines has decided to purchase ten planes from Airbus (AIR.PA) in a shift from its Boeing-dominated fleet, the South Asian country’s junior minister for civil aviation told Reuters on Monday. Mahbub Ali said the airline’s board had approved

Reddit to Lay Off About 5% of Its Workforce

Social news aggregator and discussion site Reddit said on Tuesday it is laying off about 5% of its workforce, or 90 employees. It joins a list of technology companies cutting jobs across corporate America as the industry braces for an economic downturn.

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