Boeing announces record Chinese order worth over S$50 billion
Boeing announced on Wednesday (Sept 23) a record order by a group of Chinese companies for the purchase of 300 aircraft worth some US$38 billion (S$54 billion).
The order, announced to coincide with President Xi Jinping's visit to a Boeing plant near Seattle, comprises 240 planes for Chinese airlines and 60 aircraft destined for leasing companies, Boeing said in a news release.
The deal sets a new record for the aircraft industry, surpassing an order finalised in 2015 by Indian airline IndiGo for 250 Airbus planes worth some US$26.5 billion.
Thousands flock to catch a glimpse of Pope Francis in US capital
Tens of thousands of people lined the streets of downtown Washington DC early on Wednesday morning to catch a glimpse of Pope Francis, who is making his first ever visit to the United States.
Though security in the area was tight - with all those gathered forced to go through metal detectors - the scene still took on a carnival atmosphere.
During the parade, the Pope made an unplanned stop as he blessed a baby picked out of the crowd by Vatican security.
Volkswagen could pose bigger threat to German economy than Greek crisis
The Volkswagen emissions scandal has rocked Germany's business and political establishment and analysts warn the crisis at the carmaker could develop into the biggest threat to Europe's largest economy.
Volkswagen is the biggest of Germany's carmakers and one of the country's largest employers, with more than 270,000 jobs in its home country and even more working for suppliers.
Volkswagen chief executive Martin Winterkorn (above) paid the price for the scandal over rigged emissions tests when he resigned on Wednesday and economists are now assessing its impact on a previously healthy economy.
Gucci geek chic sparkles in Milan rain
Alessandro Michele's second womenswear collection since taking the creative reins at Gucci was unveiled to rave reviews on Wednesday as Milan's Spring/Summer 2016 shows got off to a flier.
A collection immediately dubbed "geek chic" featured elements including oversized glasses of a kind last seen on 1970s librarians, pussy bow blouses, lots of berets, much intricate embroidery, including some on biker jackets featuring as one of several androgynous pieces.
The overall feel was quirky feminine in line with the direction Michele signalled with his first collection in February - but there was also something almost perversely anti-glamour about it.
Football: Unlikely Arsenal hero Flamini downs Spurs
Mathieu Flamini was Arsenal's unlikely hero as the French midfielder's double strike sealed a 2-1 win over bitter rivals Tottenham in the League Cup third round on Wednesday.
Flamini was making his first appearance of the season after coming close to leaving the club in the last transfer window and he seized a rare opportunity to remind Gunners boss Arsene Wenger of his quality with a brilliant second half winner at White Hart Lane.
The 31-year-old, so often the butt of Arsenal fans' criticism in the past, had already celebrated his return by putting Wenger's side ahead in the first half before a Calum Chambers own goal after the break drew Tottenham level.
