Reuters UK Business

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -Euro zone officials have embarked on a two-year process to replace most of the European Central Bank’s executive board, including President Christine Lagarde, raising questions along the way about how well the institution represents the people it serves. In contrast to the U.S. Federal Reserve, which gets …

Analysis-ECB board revamp exposes diversity failings that could impact policy Read More »

A look at the day ahead in European and global markets from Tom Westbrook U.S. economic data starts flowing again on Monday, with construction spending figures for August. September jobs data is due on Thursday. More up-to-date labour and price figures are not due until next month and concern over the data’s quality as well …

Morning Bid: Nvidia earnings likely to overshadow delayed US data Read More »

LONDON (Reuters) -Asking prices for British homes have fallen by more than usual for the time of year ahead of finance minister Rachel Reeves’ budget next week, a survey published on Monday showed. Average prices for homes put on the market fell by 1.8% in the four weeks to November 8 – the largest drop …

Asking prices for UK homes fall in run up to budget, Rightmove says Read More »

By Tim Hepher DUBAI (Reuters) -Pratt & Whitney is in discussions with Airbus about engine supplies over the next three years as the planemaker looks to increase production of its best-selling A320neo model, the engine maker’s top commercial executive said on Sunday. Rick Deurloo, president of commercial engines at the RTX subsidiary, said its current …

Pratt & Whitney in talks over Airbus engine needs beyond 2025 Read More »

By Tim Hepher DUBAI (Reuters) -Airbus looks set to beat Boeing to the lion’s share of a major jet order from flydubai at the Dubai Airshow, breaking its rival’s grip on the fast-growing budget carrier for the first time, people familiar with the matter said on Sunday. The European planemaker was nearing a deal to …

Exclusive-Airbus to win bulk of major flydubai jet order, sources say Read More »

By Tim Hepher DUBAI (Reuters) -Boeing aims to stabilise aircraft production at current levels before advancing to the next industrial milestones as it implements safety and quality improvements, its top jetmaking executive said on Sunday. Boeing Commercial Airplanes CEO Stephanie Pope told reporters it was too early to say when Boeing would push 737 jet …

Boeing targets industrial stability before new output rises Read More »

DUBAI (Reuters) -Airbus expects the Middle East’s regional aircraft fleet to more than double to 3,700 planes by 2044, an official said on Sunday. The European planemaker expects passenger traffic in the Middle East to grow at a compound annual rate of 4.4% over the next two decades, Airbus Head of Marketing in Africa and …

Airbus says Middle East regional aircraft to more than double by 2044 Read More »

BELGRADE (Reuters) -Serbia has seven days to decide on steps to safeguard fuel supplies from the Serbian refinery of Russian-owned NIS without nationalisation, President Aleksandar Vucic said on Sunday. Washington is seeking complete Russian divestment from NIS, which operates Serbia’s only refinery, and on Saturday gave the company’s owners three months to find a buyer.  …

Serbia has a week to resolve NIS refinery crisis, President Vucic says Read More »