Reuters UK Business

(In Dec 17 story, corrects workers’ role in headline. Adds union details in paragraph two.) By Dan Catchpole SEATTLE, Dec 17 (Reuters) – Labor officials said on Wednesday that contract talks with Boeing covering the future of roughly 1,600 white-collar union members at fuselage supplier Spirit AeroSystems after its acquisition by the planemaker had been …

Boeing, union pause contract talks for former Spirit AeroSystems white-collar workers Read More »

By Akriti Shah and Arsheeya Bajwa Dec 18 (Reuters) – Micron Technology shares rose nearly 16% on Thursday, following an outsized profit forecast on the back of a worldwide supply crunch of memory chips amid robust demand from AI data centres. A memory shortage across industries – from smartphones to sprawling data centres – has …

Micron surges as global memory chip shortage boosts profit forecast Read More »

By Sheila Dang and Stephanie Kelly Dec 18 (Reuters) – BP has tapped Woodside Energy’s Meg O’Neill as its next CEO, its first external hire for the post in over a century and the first woman to lead a top-five oil major as the firm pivots back to fossil fuels. O’Neill, an Exxon veteran, will take …

BP taps Woodside’s Meg O’Neill as CEO after abrupt Auchincloss exit Read More »

By Samuel Indyk LONDON, Dec 18 (Reuters) – The British pound reversed an earlier fall and gilt yields turned higher even though the Bank of England cut interest rates on Thursday, as policymakers remained divided and hinted there was limited space for more easing.  The BoE’s rate-setting Monetary Policy Committee voted 5-4 to lower borrowing …

Sterling, gilt yields rise after BoE cuts rates in tight vote Read More »