SEATTLE (Reuters) – Deliveries of new Boeing jets bounced back in December after a crippling labor strike that slowed production last fall, but the company’s annual deliveries dropped in 2024 to the lowest level since the COVID-19 pandemic. The company said on Tuesday that it delivered 348 commercial jets last year, down from 528 the previous …
Boeing jet deliveries in 2024 drop to lowest since pandemic Read More »
By Julia Payne BRUSSELS (Reuters) -The European Commission intends to propose a ban on imports of Russian primary aluminium in its 16th package of sanctions against Russia over its invasion of Ukraine, European Union diplomats said on Tuesday. EU countries hope to pass a 16th package of restrictions in February to mark the third anniversary …
LONDON (Reuters) -Iraq and Britain have agreed on a trade package worth up to 12.3 billion pounds ($14.98 billion) and a bilateral defence deal, the Iraqi and British prime ministers said in a joint statement on Tuesday. The deal, envisaging more than 10 times the total of bilateral trade in 2024, was announced after a …
Iraq, UK agree on trade package worth up to $15 billion, defence deal Read More »
(Reuters) – The German government’s stake in power company Uniper SE is attracting early interest from companies including Abu Dhabi’s Taqa, Bloomberg News reported on Tuesday, citing people familiar with the matter. Any transaction could value Uniper at 10 billion euros ($10.28 billion), the report added. Norway’s Equinor ASA has also been studying whether it …
Germany’s Uniper stake draws interest from UAE’s Taqa, Bloomberg reports Read More »
By Nikhil Sharma and Pranav Kashyap (Reuters) – European shares wrapped up Tuesday little changed as the pressure from rising yields continued to weigh on regional equities, while looming threat of tariffs from U.S. President-elect Donald Trump kept investors on edge. The pan-European STOXX 600 remained steady, closing at 508.31 points after experiencing a 1.4% …
European shares little changed amid threats of rising yields and tariffs Read More »
By Libby George VIENNA (Reuters) – Georgia is aiming for a new programme with the International Monetary Fund and hopes to meet with the lender in February, the country’s deputy finance minister told Reuters. The three-year $289 million Stand-By Arrangement (SBA), agreed June 2022, has been on hold since June 2023 after a push to …
Georgia eyes new IMF programme, could meet Fund in February, says official Read More »
(Reuters) -British stocks ended mixed on Tuesday, as profit warnings from BP and JD Sports weighed on the blue-chip FTSE 100, while midcap stocks steadied after a recent slump as investors awaited key inflation figures. The blue-chip FTSE 100 slipped 0.3% to close at a two-week low. BP dipped 2.8% after the oil giant warned …
UK stocks mixed as investors await inflation data Read More »
BRUSSELS/STOCKHOLM (Reuters) – The European Commission said on Tuesday it was assessing its cases against Apple, Alphabet, X and Meta, stressing that President-elect Donald Trump’s return to the White House did not affect its commitment to enforcing its laws. The European Union has been at the forefront of investigating U.S. Big Tech companies for potentially …
EU assesses Big Tech cases ahead of Trump arrival Read More »
PARIS (Reuters) – LVMH said on Tuesday it was “impossible” to control the final destination of products sold by third-party distributors after a report said the French luxury group’s champagne reached Russia even after it halted business there. French investigative media La Lettre on Tuesday reported the group’s beverages branch Moet Hennessy worked with two …
(Reuters) – Ukrainian steelmaker Metinvest has suspended operations at Ukraine’s only coking coal mine in the eastern part of the country, it said on Tuesday, citing a deteriorating security situation. Reuters reported on Monday that Ukraine had stopped production at its Pokrovsk mine, which feeds the country’s steel industry, because of the proximity of advancing …
Ukraine steelmaker Metinvest suspends coal operations at key Pokrovsk mine Read More »
