FARNBOROUGH, England (Reuters) – Abu Dhabi’s Etihad has firmed up an order for seven Airbus A350 freighters, confirming an informal letter of intent signed early this year, industry sources said on Sunday. The order, which was included in Airbus’ most recent monthly bulletin as an undisclosed customer, comes ahead of this week’s Farnborough Airshow but …
Etihad firms up order for seven Airbus freighters -sources Read More »
BRUSSELS (Reuters) – European Commission President Ursula von der Leyen will travel to Baku on Monday to seek more natural gas from Azerbaijan, the EU’s executive said, as the European Union seeks to reduce its reliance on Russian energy. “Amid Russia’s continued weaponisation of its energy supplies, diversification of our energy imports is a priority …
EU’s chief executive heads to Azerbaijan in search of gas deal Read More »
STOCKHOLM (Reuters) – Ailing Scandinavian airline SAS and striking pilot unions will resume negotiations on Monday, public broadcaster NRK said, after failing to reach new collective agreements over the weekend. Most SAS pilots in Sweden, Denmark and Norway walked out on July 4 after talks over conditions related to the carrier’s rescue plan collapsed. The …
SAS and pilots to resume negotiations on Monday after 14 days of strike -NRK Read More »
KYIV (Reuters) – Ukraine’s central bank has sold $12.4 billion of gold reserves since the beginning of Russia’s invasion on Feb. 24, the bank’s deputy head said on Sunday. “We are selling (this gold) so that our importers are able to buy necessary goods for the country,” Deputy Governor Kateryna Rozhkova told national television. She …
(July 15 story corrects figure in first and penultimate paragraphs to 250 mln Danish crowns, not 300 mln, after company’s official correction, and U.S. dollar conversion in first paragraph to $33 mln) COPENHAGEN (Reuters) – Danish brewer and beverage maker Royal Unibrew will acquire Canadian craft brewer Amsterdam Brewery in a deal valued at around …
Royal Unibrew to buy Canada’s Amsterdam Brewery in $40 million deal Read More »
LONDON (Reuters) – The British government launched an “Aviation Passenger Charter” on Sunday to help passengers know their rights if they are faced with problems at airports after the widespread disruption seen this year. Long queues and cancelled flights caused by staff shortages have caused chaos at times, prompting airlines to cut back their schedules …
UK launches aviation charter to address airport disruption Read More »
(Reuters) -Starbucks Corp is not in a formal sale process for its UK business, a company spokesperson said in a statement after The Times reported earlier on Saturday that the coffee chain is exploring a sale of the UK operations. According to the Times report, Starbucks has not initiated a “formal sales process” of its …
Starbucks says it’s not in formal sale process for UK business Read More »
MILAN (Reuters) – Italy has filled far more than 65% of its gas storage capacity and is on track to achieve its target of reaching storage levels of 90% in October, the ecological transition minister said on Saturday. “Our storage is well above 65%. We must achieve 90% and possibly more in October. For now …
Italy’s gas storage ‘well above 65%’ of capacity, on track for 90% by October Read More »
(Reuters) – Starbucks Corp is exploring a sale of its UK operations as it faces competition from newer operators, The Times reported https://www.thetimes.co.uk/article/starbucks-explores-sale-of-uk-division-gmldppm6f on Saturday citing sources. The coffee chain has asked Houlihan Lokey Inc to canvass interest for its UK business, the report said adding that the company has been facing competition from rival …
Starbucks mulls selling its UK operations- Times Read More »
By Tim Hepher LONDON (Reuters) -A UK judge on Friday rejected an attempt by Airbus to invoke a De Gaulle-era law restricting the way it responds to foreign courts, as a high-profile dispute with Qatar Airways became mired in a growing debate over cross-border legal powers. Qatar Airways is suing France-based Airbus for $1.4 billion …
Airbus loses bid to use French blocking law in Qatar row Read More »
