By David Shepardson and Tim Hepher FARNBOROUGH, England (Reuters) – Delta Air Lines will buy 12 new A220-300 aircraft from European planemaker Airbus, the U.S. carrier said on Tuesday. Reuters first reported last week that Airbus was in talks with Delta to expand the U.S. carrier’s existing order for A220 small jetliners by about a …
Delta Air Lines to buy 12 A220 aircraft from Airbus Read More »
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -European Central Bank policymakers will discuss whether to raise interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tame record-high inflation, two sources with direct knowledge of the discussion told Reuters. The sources said policymakers were also homing in on a deal …
ECB policymakers to discuss 50 bp rate hike this week, sources say Read More »
(Reuters) -SoftBank has put on hold plans for a London initial public offering of the British chip technology firm Arm Ltd because of the political turmoil in the UK government, the Financial Times reported on Monday. The departures of investment minister Gerry Grimstone and digital minister Chris Philp, following the collapse of UK Prime Minister …
By Jacob Gronholt-Pedersen, Niklas Pollard and Gwladys Fouche STOCKHOLM/COPENHAGEN/OSLO (Reuters) -SAS and pilots unions reached a wage deal on Monday, ending a strike over a new collective bargaining agreement that has grounded hundreds of flights and thrown the airline’s future into doubt. A majority of SAS pilots in Sweden, Denmark and Norway walked out on …
LONDON (Reuters) – The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive global financial centre, a policymaker designate said on Monday. Britain’s government is due this week to unveil a draft law to exploit post-Brexit “freedoms” to set its own financial rules. But lawmakers …
Bank of England may lack bandwidth to aid competitiveness, says policymaker Read More »
LONDON (Reuters) – Amazon, seeking an edge amid a deteriorating cost of living crisis, will match UK grocery market leader Tesco’s prices on hundreds of products, it said on Monday. The new scheme from Amazon Fresh, which delivers groceries to Amazon Prime members, will match its prices to Tesco Clubcard deals on everyday items, including …
Amazon takes on Britain’s Tesco with price match scheme Read More »
(Reuters) -Spain’s trade deficit widened 501% in the first five months of the year compared to the same period a year ago, led once again by an increase on oil and gas prices, the Industry Ministry said on Monday. The figure stood at 26.57 billion euros ($26.96 billion), more than the deficit recorded in the …
Spain’s Jan-May trade deficit widens 501% to 26.6 billion euros Read More »
By Natalie Grover and Lucy Raitano LONDON (Reuters) -In a long scripted overhaul of its business, British drugmaker GSK spun off its consumer health business on Monday in the biggest listing in Europe for more than a decade. The new company, Haleon, becomes the world’s biggest standalone consumer health business, home to brands including Sensodyne …
GSK spins off Haleon in biggest European listing for a decade Read More »
AMSTERDAM (Reuters) -The Dutch central bank (DNB) on Monday said it had fined Binance, one of the biggest cryptocurrency exchanges, 3.3 million euros ($3.35 million) for offering services in the Netherlands without being registered in the country. The fine was issued against Binance Holdings Ltd. in April 2022, following a public warning issued against Binance …
Dutch central bank fines Binance 3.3 million euros Read More »
By Joice Alves LONDON (Reuters) – Sterling surged against a weakening U.S. dollar on Monday as markets scaled back some of their bets on Federal Reserve rate hikes, but the UK currency’s rally was capped by political risks and persistent recession fears in Britain. Sterling touched a more than two-year low of $1.1761 on Thursday, …
Sterling surges vs weakening U.S. dollar, political risks caps rally Read More »
