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A currency dealer works at a dealing room of a bank in Seoul, South Korea, August 25, 2015.

World Shares Hold Up As U.S. Inflation Data Looms

European shares extended their bounce on Wednesday and bond yields held below recent peaks ahead of inflation data in the United States that will offer a guide to how aggressively the Federal Reserve will raise rates.
The Joby Aviation Air Taxi is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 11, 2021.

U.S. FAA Shifts Gears On Certifying Future 'Flying Taxi' Pilots

The Federal Aviation Administration (FAA) said Tuesday it had shifted course on its approach to approving pilots of future electric vertical takeoff and landing aircraft (eVTOL) but does not expect it would delay certification or operational approvals.

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