By Tim Hepher and Marta Maciag PRAGUE/GDANSK (Reuters) -Wizz Air aims to end engine-related groundings of its Airbus aircraft by the end of 2027, a top Wizz executive said on Tuesday, with the CEO later adding that it was up to engine maker Pratt & Whitney to determine the schedule. The comments come as the …
Wizz Air says a 2027 end to engine disruption is not ‘absolute guarantee’ Read More »
DUBLIN (Reuters) -Ireland will increase the rate for its research and development tax credit that is mainly used by foreign multinationals to 35% from 30%, Finance Minister Paschal Donohoe told parliament on Tuesday. He also committed to publishing a plan in the coming weeks which will consider additional targeted changes to the regime, including potentially …
Ireland increases R&D tax credit rate to 35%, mulls widening scope Read More »
By Giselda Vagnoni ROME (Reuters) -A group of Italian families has filed a lawsuit against Facebook, Instagram and TikTok, accusing the platforms of failing to enforce age restrictions and using addictive features that harm children’s mental health. The case asks a Milan court to require the platforms to adopt stronger age-verification systems for users under …
Italian families target Facebook, Instagram and TikTok over child safety Read More »
(Reuters) -Britain’s competition regulator said on Tuesday that it has opened an investigation into the proposed acquisition of Macquarie Group’s helicopter leasing division by a Sumitomo Corporation subsidiary. SMFL LCI Helicopters, a helicopter‑leasing joint venture of Sumitomo Mitsui Finance and Leasing, said in March it would buy the Macquarie unit, which has a fleet of …
UK competition watchdog to probe Sumitomo’s Macquarie helicopter deal Read More »
By Francesco Canepa FRANKFURT (Reuters) -France is pushing to scrap some capital requirements on the euro zone’s top lenders to put them on an equal footing with their U.S. rivals, according to a document seen by Reuters. The proposal by French regulators would apply to the bloc’s seven globally significant banks, four of which are …
Exclusive-France pitches scrapping some capital demands on top euro zone banks Read More »
(Reuters) -Standard Chartered said on Tuesday it appointed Roberto Hoornweg as chief executive of corporate and investment banking, elevating him from the co-head role he shared with Sunil Kaushal. Kaushal will retire on March 31, 2026, after a 27-year career at the Asia-focused lender. Hoornweg and Kaushal were named global co-heads of the unit in …
Standard Chartered names Roberto Hoornweg chief of corporate, investment banking Read More »
MILAN (Reuters) -Italy’s space agency and Thales Alenia Space, a joint venture between Italian aerospace group Leonardo and France’s Thales, will begin operations at one of Europe’s largest satellite manufacturing centres by the end of this year. The site, on the outskirts of Rome, is part of efforts by Italy and France to accelerate the …
New satellite plant to open in Italy to boost production capacity Read More »
MILAN (Reuters) – Fiat-maker Stellantis’ vehicle production in Italy fell by 32% in the first nine months of 2025, pointing to a full-year contraction of around the same magnitude, the FIM Cisl union said on Tuesday. The data is likely to stoke worries about the decline of Italy’s automotive industry, which in past years has …
Stellantis Italy production set to shrink by a third this year, union says Read More »
By Sarah Young LONDON (Reuters) -Britain’s biggest carmaker, Jaguar Land Rover (JLR), said on Tuesday some factories would restart manufacturing on Wednesday after an almost six-week shutdown following a cyberattack, one of the country’s most disruptive hacks. To try to help smaller parts suppliers who have been pushed to the brink after weeks without business, …
UK’s Jaguar Land Rover to restart some factories after cyberattack shutdown Read More »
MADRID (Reuters) -Spain this year has clocked a growing number of hours with solar power prices at zero or even negative levels, which arise when supply exceeds demand and producers need to pay to offload power or stop plants, industry group UNEF said on Tuesday, a trend that could compromise the country’s green energy shift. …
Spain’s solar industry warns of price threat to energy transition Read More »
