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(Reuters) -State-owned Dutch power grid operator TenneT plans to raise up to 10 billion euros ($11.81 billion) via a private placement, the Financial Times reported on Tuesday. The deal values the grid operator at about 40 billion euros, including existing debt, with the Dutch state retaining a stake of around 55%, the FT said, citing …

Grid operator TenneT to raise up to $11.81 billion from sovereign funds, FT reports Read More »

By Allison Lampert (Reuters) -A global gathering of aviation leaders that kicked off on Tuesday in Montreal faced U.S. criticism over its green focus, even as delegates confront high tech threats, pollution from rising numbers of flights and labor shortages. Technology is easing global aviation but remains vulnerable to attacks, with some of Europe’s biggest …

UN aviation gathering opens under shadow of cyberattacks, geopolitical tensions Read More »

By Marie Mannes and Nora Eckert STOCKHOLM/DETROIT (Reuters) -Volvo Cars said on Tuesday it will begin producing a new hybrid model in the United States by the end of this decade as the Swedish auto maker continues to adjust to President Donald Trump’s tariff policies. The new model, details of which have yet to be …

Volvo Cars to produce new US model amid tariff pressure Read More »

By Tim Hepher CERGY, France (Reuters) -The head of Dassault Aviation said on Tuesday the French planemaker had the capability to develop a new fighter jet alone and challenged Germany to do the same in the latest sign of tensions threatening to blow apart a shared European project. France, Germany and Spain are working on …

France’s Dassault tells Germany: we can build fighter without you Read More »

By Sarah Young LONDON (Reuters) -Britain’s biggest carmaker Jaguar Land Rover is extending the closure of its factories until October 1 following a cyberattack in early September that has left its operations paralysed and smaller suppliers struggling. The luxury carmaker, owned by India’s Tata Motors, has three factories in Britain, which together produce about 1,000 …

UK’s Jaguar Land Rover cyberattack shutdown to hit four weeks Read More »

(Reuters) -Johnson & Johnson said on Tuesday it will withdraw a device to treat acid reflux disease from certain markets outside the United States, citing commercial reasons. The company has decided to withdraw the product, called LINX Reflux Management System, in certain countries “following a thorough evaluation of market conditions and ability to effectively serve …

J&J to withdraw acid reflux device from certain markets outside US Read More »