(Reuters) – Boeing CEO Dave Calhoun will be on Capitol Hill this week to meet with senators in the aftermath of the 737 MAX 9 grounding following the mid-air emergency landing of a new Alaska Airlines jet, sources told Reuters. Calhoun is set to meet with Senators Ted Cruz, a Republican, and Mark Warner, a …
Boeing CEO to meet with senators after 737 MAX 9 grounding -sources Read More »
WASHINGTON (Reuters) – Alaska Airlines found “some loose bolts on many” Boeing 737 MAX 9s during inspections following the Jan. 5 mid-air cabin panel blowout that forced the emergency landing of a new Alaska jet, airline CEO Ben Minicucci told NBC News in an interview that aired on Tuesday. Alaska Airlines disclosed on Jan. 8 …
Alaska Airlines found loose bolts on ‘many’ MAX 9 airplanes -CEO Read More »
By Christoph Steitz and Victoria Waldersee (Reuters) -Siemens Energy reported first-quarter preliminary financial results on Tuesday that beat market expectations, saying it continued to see a positive market environment as the power equipment maker recovers from a major wind turbine crisis. Frankfurt-listed shares in the company rose 5.2% following the news, which caps months of …
Siemens Energy posts forecast-beating Q1 results on project shifts Read More »
FRANKFURT (Reuters) -Commerzbank Chief Executive Manfred Knof on Tuesday played down prospects of a possible merger with larger rival Deutsche Bank, saying such a tie-up was not under discussion at his bank and he was striving to keep the bank independent. The comments come amid heightened speculation that merger talks with Deutsche – which failed in 2019 – …
Commerzbank CEO pours cold water on possible Deutsche Bank deal Read More »
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – Boeing issued a bulletin to its suppliers late last week that laid out practices to ensure bolts are properly torqued after multiple airlines reported loose hardware during inspections of the grounded 737 MAX 9, according to a memo seen by Reuters. The U.S. planemaker said that …
By Sruthi Shankar and Shubham Batra (Reuters) -The UK’s FTSE 100 was little changed on Tuesday as gains in metal miners were offset by losses in non-life insurers, while investors assessed earnings updates and awaited economic data for more clarity on the Bank of England’s monetary easing plans. The blue-chip FTSE 100 index was flat, …
FTSE 100 ends flat as insurers overshadow miners boost Read More »
LONDON (Reuters) -Esken, the owner of London Southend Airport, is facing demands by a Carlyle fund to repay an outstanding convertible loan four years before its maturity date, the group said on Tuesday. The demands are part of a legal dispute over a convertible loan extended by Carlyle Global Infrastructure Fund (CGI) in 2021. Convertible …
London Southend Airport lender Carlyle demands faster loan repayment Read More »
LONDON (Reuters) – Renewable energy company Low Carbon said on Tuesday it had secured the necessary funding for a 385 megawatt (MW) portfolio of solar and battery storage projects in Britain, enabling it to begin construction. Most of the projects will start construction early this year and are part of a 3 gigawatt pipeline of …
Low Carbon secures funds to begin constructing UK solar and battery portfolio Read More »
(Reuters) -Hipgnosis Songs Fund (HSF), which holds the rights to the work of artists ranging from Shakira to Neil Young, said on Tuesday its investment adviser has refused to drop a call option that is complicating its bid to sell off some of its music. The adviser, Hipgnosis Songs Management (HSM), is run by the …
Hipgnosis Songs Fund says adviser refuses to drop call option Read More »
ZURICH (Reuters) – UBS on Tuesday unveiled its biggest branding campaign since 2016 to drive growth, spending tens of millions of dollars to freshen its image after the takeover of Credit Suisse. Switzerland’s biggest lender will use the slogan “Banking is our craft” as it seeks to attract new customers to its wealth management, asset …
UBS unveils big branding push after Credit Suisse takeover Read More »
