PARIS (Reuters) – Airbus delivered 766 jets in 2024 and looked certain to maintain leadership of the jetmaking industry for a sixth year as arch-rival Boeing recovers cautiously from a prolonged internal crisis, company data showed on Thursday. The European planemaker fell fractionally short of its target of “around 770” jets but said it had …
Airbus keeps top spot with 766 jet deliveries in 2024 Read More »
LONDON (Reuters) -British households’ expectations for inflation rose in December, according to a survey published on Thursday that may add to concerns among investors about the slow pace of future interest rate cuts by the Bank of England. The monthly Citi/YouGov survey showed expectations for inflation in a year’s time rose to 3.7% in December, …
UK inflation expectations rise in December, Citi/YouGov survey shows Read More »
By Pratima Desai LONDON (Reuters) – Energy and commodities trader Vitol is attempting to reduce its storage costs with plans to remove significant amounts of aluminium from London Metal Exchange (LME) warehouses in Port Klang, Malaysia, three sources familiar with the matter said. LME approved warehouses charge 56 U.S. cents per metric ton to store …
(Reuters) – UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse’s violations of an earlier agreement with the U.S. Department of Justice over customers in the U.S. who evaded tax, the Wall Street Journal reported on Thursday. A settlement could come as soon as this week, WSJ …
UBS nears settlement over Credit Suisse tax evasion case, WSJ reports Read More »
FRANKFURT (Reuters) – Germany’s power plants run on hard coal remain an important back up to guarantee supply when volatile wind and solar power are not available, coal importers lobby VDKi said in a statement on Thursday, calling for better remuneration. VDKi’s call comes in a regulatory limbo ahead of national elections on Feb. 23, …
German coal plants vital for electricity supply, importers say Read More »
By Pietro Lombardi MADRID (Reuters) – Infrastructure investment firm White Summit Capital has secured commitments of more than 350 million euros ($360.7 million) for an infrastructure fund focused on decarbonisation and expects it to reach its 500 million euro target in coming months. The fund will invest in smaller storage and renewable projects, as well …
White Summit secures more than $360 million for decarbonisation fund Read More »
By Nikhil Sharma and Pranav Kashyap (Reuters) -European markets ended Thursday on a high note, driven by a rally in healthcare and mining sectors, despite uncertainties over monetary policy and U.S. tariff plans, which kept bond markets on edge. The pan-European STOXX 600 index nudged up by 0.4%, closing at 515.84 points, buoyed by a …
European markets rise as mining, healthcare surge amid bond market jitters Read More »
(Reuters) -The UK’s midcap stocks ended higher on Thursday, rebounding from a more-than-eight-month low touched earlier in the session, as a selloff in bond markets kept investors on edge, while retail stocks were hammered by disappointing Christmas trading updates. Marks and Spencer reported a better-than-expected rise in like-for-like food sales in the Christmas trading period, …
UK midcaps end higher but rate jitters persist, retailers tumble Read More »
(Reuters) – Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case in which it faced such accusations. The iPhone maker last week paid $95 million to settle a class action lawsuit in which plaintiffs …
Apple clarifies Siri privacy stance after $95 million class action settlement Read More »
(Reuters) – Advertising company Clear Channel Outdoor said on Thursday it was selling the Europe-North section of its business to a subsidiary of Bauer Media Group for $625 million in cash as part of its strategy to focus more on the U.S. region. Clear Channel will use net proceeds from the sale to prepay in …
