December 3, 2020 - Biz in 60

Ryanair orders 75 additional Boeing 737 MAX planes Europe's biggest low-cost carrier, Ryanair, has agreed to buy 75 additional Boeing 737 MAX jets with a catalogue value of 9 billion dollars. The deal marks the first major order for the embattled plane-maker, whose MAX series has been grounded since last March following two deadly crashes. Last month, US and European regulators lifted the ban after changes to the jets' cockpit software and training procedures. US passes bill that could delist Chinese firms from markets Chinese companies will be banned from US stock exchanges if they don't comply with auditing rules. The 'Holding Foreign Companies Accountable' Act has been approved by the US House of Representatives after the Senate passed it in May. The new law will force companies to reveal their audited accounts to US authorities, something that's currently banned by Beijing. Turkey's annual inflation rises to 14.03% in November Turkey's annual inflation rose to 14-percent in November, maintaining pressure for tighter monetary policy following a sharp rate hike last month. The cost of miscellaneous goods and services jumped the most, with prices rising 29-percent.. followed by food and non-alcoholic beverages, which rose 21-percent. In October, annual inflation stood at 11-point-9 percent.