By Federico Maccioni, Ahmed Elimam and Tim Hepher DUBAI (Reuters) -Boeing hit back at the Dubai Airshow with a provisional order for 75 of its 737 MAX jets from flydubai on Wednesday, a day after the long-time Boeing customer handed an order for 150 competing A321neo aircraft to its arch-rival Airbus. The defection to Airbus …
Boeing blunts flydubai fleet setback with new jet order Read More »
BERLIN (Reuters) -Airbus chairman Rene Obermann has called on European countries to acquire tactical nuclear weapons in response to the threat posed by Russian Iskander missiles deployed at Kaliningrad that can carry nuclear warheads. “Our Achilles heel seems to be what Russia threatens us with fairly publicly: That’s 500 plus tactical nuclear warheads on Iskander …
Airbus chair calls on Europe to acquire tactical nuclear weapons Read More »
By Supantha Mukherjee and Bart H. Meijer BRUSSELS/STOCKHOLM (Reuters) -The European Commission proposed on Wednesday streamlining and easing a slew of tech regulations, including delaying some provisions of its AI Act, in an attempt to cut red tape, head off criticism from Big Tech and boost Europe’s competitiveness. The move by the EU comes after …
EU to delay ‘high risk’ AI rules until 2027 after Big Tech pushback Read More »
By Raechel Thankam Job and Yadarisa Shabong (Reuters) -Britain’s WH Smith said on Wednesday that Carl Cowling had stepped down as CEO after an independent review revealed accounting failures in the travel retailer’s U.S. operations, prompting it to cut its profit forecast. Andrew Harrison, head of WH Smith’s UK division, will act as interim CEO …
WH Smith CEO exits as US accounting failure hits profit Read More »
By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) -The EU on Wednesday unveiled new proposals to simplify AI and privacy regulations, drawing fire from the tech sector for not going far enough and consumer groups for bowing to Big Tech. The EU Commission’s “Digital Omnibus”, which faces debate and votes from European countries, proposed …
EU eases AI, privacy rules as critics warn of caving to Big Tech Read More »
PARIS (Reuters) -A trade deal negotiated between the European Union and the South American trade bloc Mercosur is still not acceptable for France in its current form, a French government spokesperson said on Wednesday. The European Union and Mercosur – comprising Argentina, Brazil, Paraguay and Uruguay – agreed the EU’s largest ever trade accord last …
EU-Mercosur trade deal still needs work to be acceptable for France, says government Read More »
By Nithyashree R B and Yadarisa Shabong (Reuters) -Jet2 notched up a record number of passengers over the summer as the British low-cost airline and travel group expands its operations and reaps the benefits of its “Nothing beats a Jet2holiday” advertising campaign. The Leeds-based firm reported a 2% rise in half-yearly operating profit, despite higher …
Jet2 reaps benefits of marketing push, plans share buyback Read More »
By Yoruk Bahceli LONDON (Reuters) -Damage to the independence of the U.S. Federal Reserve remains a risk going into 2026, the chief investment officer of Europe’s largest asset manager said on Wednesday. Amundi, which manages 2.3 trillion euros ($2.67 trillion), favours European and emerging market bonds and is underweight megacap stocks, according to Vincent Mortier. …
Amundi’s Mortier worried about Fed independence, cautious on megacap stocks Read More »
By Charlie Devereux and Aislinn Laing MADRID (Reuters) -Spain’s parliament will investigate Meta for possible privacy violations of its Facebook and Instagram users, Spanish Prime Minister Pedro Sanchez said on Wednesday. “In Spain, the law is above any algorithm or any large technology platform. And anyone who violates our rights will pay the consequences,” Sanchez …
Spain to investigate Meta, alleges Android privacy breaches Read More »
(Corrects CEO name to “Ghaith Al Ghaith” from “Ghaith Al Gaith”) DUBAI (Reuters) -The CEO of flydubai said on Wednesday the carrier had picked Airbus A321neo jets at the Dubai Airshow this week because of their range and size, but did not rule out a further order from long-time supplier Boeing. Ghaith Al Ghaith said …
Flydubai CEO says range and size drove Airbus jet order Read More »
