Reuters UK Business

DUBLIN (Reuters) – Ryanair Group CEO Michael O’Leary said on Saturday a prolonged Boeing workers’ strike may cut the number of aircraft it receives by next summer to 20 from an anticipated 25. O’Leary said his low-cost Irish airline, one of Boeing’s largest customers, was supposed to receive 30 737 MAX aircraft before summer 2025 …

Ryanair may get five fewer planes by next summer due to Boeing strike, CEO says Read More »

By Tim Hepher and Padraic Halpin WASHINGTON/DUBLIN (Reuters) – Boeing’s first strike in 16 years could further compound global shortages of jetliners that have been pushing up airfares and forcing airlines to keep older jets flying longer, industry executives and analysts said. The U.S. planemaker’s West Coast workers went on strike at midnight on Friday …

Boeing strike could exacerbate global jetliner shortage, experts say Read More »

(Reuters) – Credit ratings agency Moody’s revised its outlook on Greece to “positive” from “stable” on Friday, citing a healthier banking sector and a better-than-expected economic performance. The agency also affirmed its rating for Greece at ‘Ba1’. It is the only ratings agency that continues to classify Greece as non-investment grade, placing it one notch …

Moody’s revises Greece’s outlook to ‘positive’, maintains ratings at ‘Ba1’ Read More »

By Amy-Jo Crowley and Carolyn Cohn LONDON (Reuters) – Private equity firm Bain Capital has lined up advisers for the possible sale of British motor and home insurer esure, three people familiar with the matter told Reuters. Fenchurch is among the advisers tapped for the sale, two of the people said. Potential bidders include Belgian …

Exclusive-Bain Capital taps advisers for sale of UK’s esure, sources say Read More »

By Foo Yun Chee BRUSSELS (Reuters) -Grieg Seafood, SalMar and other Norwegian salmon producers will challenge EU charges of taking part in a cartel and fixing prices at a hearing in Brussels next week, the companies and three people with direct knowledge of the matter said. The closed-door hearing in front of senior antitrust officials …

Salmon producers to contest cartel charges at Sept 15-18 hearing Read More »

(Reuters) -The U.S. State Department has approved the potential sale of 32 F-35 aircraft as well as engines and other equipment to Romania in a deal valued at $7.2 billion, the Pentagon said in a release on Friday. The principal contractor for the aircraft would be Lockheed Martin Inc. The order also includes 33 engines …

US approves potential sale of F-35 aircraft and engines to Romania Read More »

By Foo Yun Chee BRUSSELS (Reuters) – Elon Musk’s X social media platform is unlikely to be subjected to landmark EU tech rules which aim to rein in the power of Big Tech because it does not meet the rules’ gatekeeper criteria, a person with direct knowledge of the matter said on Friday. The European …

X unlikely to fall under landmark EU tech rules, source says Read More »