LONDON (Reuters) -Boeing shares listed in Frankfurt fell almost 8% early on Monday after the U.S. Federal Aviation Administration ordered the temporary grounding of some Boeing 737 MAX 9 jets. A piece of fuselage tore off the left side of an Alaska Airlines jet on Friday as it climbed following takeoff from Portland, Oregon, forcing …
Boeing shares slide in Frankfurt after FAA grounds some MAX 9s Read More »
(Reuters) – European shares opened lower on Monday, extending their lacklustre start to the year, as higher government bond yields and tepid energy stocks weighed on risk appetite. The pan-European STOXX 600 was 0.1% down by 0815 GMT. The yields on the European 10-year benchmark note and the German 10-year tracked their U.S. peers higher …
European shares open lower as energy stocks, higher yields weigh Read More »
By Maria Martinez (Reuters) -German exports rose much more than expected in November as demand in the European Union increased strongly, data from the federal statistics office showed on Monday. German exports rose by 3.7% in November compared with the previous month. The result followed a forecast of a 0.3% increase in a Reuters poll. …
German exports rise more than expected in November Read More »
ZURICH (Reuters) – Switzerland’s inflation rate remained unchanged in December, the Federal Statistics Office said on Monday. Swiss consumer prices rose 1.7% from a year ago in December, the office said, marking the seventh consecutive month in which inflation has stayed within the central bank’s target range of 0% to 2%. (Reporting by Noele Illien, …
(Reuters) -Shell on Monday flagged impairment charges of about $2.5 billion to $4.5 billion for the fourth quarter, mainly related to the Singapore refining and chemicals hub the oil major is looking to sell. The assets include a 237,000 barrels per day (bpd) refinery and a one million metric ton per year (tpy) ethylene plant …
Shell flags Q4 writedown of up to $4.5 billion, mainly on Singapore assets Read More »
PRAGUE (Reuters) – Hyundai’s Czech unit Hyundai Motor Manufacturing Czech produced 340,500 cars last year, up 5.6% from 2022 and the highest number since 2017, news agency CTK reported on Monday. The rise was above plan and was helped by stabilisation of supply chains including semiconductors, higher efficiency and demand, CTK said. It said Hyundai …
Huyndai Czech 2023 production up 5.6%, sees lower this year – CTK news agency Read More »
By Maria Martinez (Reuters) -German industrial orders rose less than expected in November, data from the federal statistics office showed on Monday, as demand weakened. Industrial orders rose by 0.3% month-on-month on a seasonally and calendar adjusted basis, the federal statistics office said on Monday. A Reuters poll of analysts had forecast a rise of …
(Reuters) – A piece of fuselage tore off the left side of an Alaska Airlines-operated Boeing 737 MAX 9 jet as it climbed following takeoff from Portland, Oregon, en route to Ontario, California, forcing pilots to turn back and land safely with all 171 passengers and six crew on board. The panel that tore off …
Explainer-What is the panel that blew off a Boeing plane in mid-air? Read More »
FRANKFURT (Reuters) -Germany’s GDL train drivers’ union said on Sunday that it was calling on members to strike this week, an escalation of a wage dispute with rail operator Deutsche Bahn. The strike is to run from Jan. 10 to Jan. 12, the union said, with cargo train drivers beginning their strike on Jan. 9. …
German train drivers to strike this week – GDL union Read More »
LONDON (Reuters) – Strikes planned by rail union RMT members working for London Underground from Monday to Thursday have been suspended after the union said it had made progress in talks with operator Transport for London (TfL). “Following further positive discussions today, the negotiations on a pay deal for our London Underground members can now …
London underground strikes from Mon-Thurs suspended, union says Read More »
