Reuters UK Business

(Reuters) -British engineering firm Senior said on Thursday it expects its full-year performance to be “comfortably ahead” of previous expectations, supported by robust sales in its Aerospace and Flexonics divisions. For the ten months ended October, its group revenue increased 5.9% on a constant currency basis, with Aerospace sales jumping 9.4% as commercial aircraft production …

UK’s Senior expects full-year performance to exceed expectations Read More »

DUBAI (Reuters) -Dubai-based Emirates will perform maintenance, repair and overhaul for the Trent 900 engines on its A380 aircraft from 2027, under a memorandum of understanding signed with engine maker Rolls-Royce, the airline said on Thursday. Emirates is the largest user of the out-of-production A380, which offered a choice of engines. The Gulf carrier is …

Emirates agrees deal with Rolls-Royce to maintain its own A380 engines Read More »

(Reuters) -German producer prices fell less than expected in October, decreasing by 1.8% on the year, the federal statistics office reported on Thursday. Analysts polled by Reuters had expected a 1.9% decline on average. The office publishes more detailed data on its website. (Reporting by Amir OrusovEditing by Ludwig Burger)

By Alessia Pe MILAN (Reuters) -Moody’s review of Italy on Friday may yield the first rating upgrade for almost a quarter of a century, analysts say, reflecting growing confidence in the public finances of the euro zone’s third largest economy. The agency lifted Italy’s outlook in May this year to positive from stable while keeping …

Italy eyes first rating upgrade from Moody’s in 23 years Read More »

(Reuters) -Poland’s largest e-commerce company Allegro on Thursday reported a beat on its domestic third-quarter earnings, but trimmed its annual volume growth expectations on slower start to the fourth quarter. Allegro’s adjusted core earnings (EBITDA) were 1.04 billion zlotys ($283.5 million) in its home market in the third quarter, compared with an average estimate of …

E-commerce firm Allegro reports earnings beat, but trims Polish volume growth view Read More »

A look at the day ahead in European and global markets from Gregor Stuart Hunter: It’s like Christmas came early for stock traders. Not only did Nvidia’s earnings blow past Wall Street expectations – adding fresh impetus to a stock market rally that started on Wednesday – but the long-delayed September jobs report is also …

Morning Bid: US jobs test looms after Nvidia relief Read More »

By Nicole Jao NEW YORK (Reuters) -BP on Wednesday said it shut down the 400-mile Olympic Pipeline following a leak, halting fuel delivery from the system. The company restored one of the two pipelines east of Everett, Washington, on Monday that was shut to determine the source of some product discharge. But the restored line …

BP shuts down Olympic fuel pipeline after partially restoring system affected by leak Read More »