By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google will sign the European Union’s code of practice which aims to help companies comply with the bloc’s landmark artificial intelligence rules, its global affairs president said in a blog post on Wednesday, though he voiced some concerns. The voluntary code of practice, drawn up by 13 independent …
Google to sign EU’s AI code of practice despite concerns Read More »
By Tim Hepher PARIS (Reuters) -European planemaker Airbus on Wednesday revealed a growing queue of aircraft waiting for engines before they can be delivered to airlines, but reaffirmed its delivery goals for the year after securing promises over supplies from engine makers. The world’s largest planemaker said it had 60 so-called “gliders” or otherwise complete …
Airbus faces engine delays but reaffirms jet delivery targets Read More »
LONDON (Reuters) -British Prime Minister Keir Starmer and Oman’s Sultan Haitham bin Tariq al-Said agreed on Wednesday to deepen collaboration across energy, technology, defence and security, a Downing Street spokesperson said. During talks in London where the leaders also discussed the ongoing UK-Gulf Cooperation Council trade negotiations, the leaders called for urgent humanitarian aid to …
UK’s Starmer, Oman’s sultan agree to deepen ties in energy, defence and tech Read More »
By Mireia Merino GDANSK (Reuters) -Spanish meat-packaging maker Viscofan reported on Wednesday a 3.1% increase in net profit to 38.4 million euros ($44.08 million) in the second quarter from the prior year, as higher sales volume and cost savings offset the impact of U.S. dollar depreciation. BY THE NUMBERS In the second quarter, the company’s …
Spain’s Viscofan reports second-quarter profit increase Read More »
By Tim Hepher and Michel Rose PARIS (Reuters) -French aerospace group Safran is poised to pick France as home for a new 400-million-euro ($458.48 million) carbon brakes factory following a contest between sites in France, the United States and Canada, two people familiar with the matter said. The politically sensitive decision, which is subject to …
Exclusive-Safran picks France over Canada, US for major factory investment, sources say Read More »
By Gilles Guillaume PARIS (Reuters) -Renault named Francois Provost as CEO on Wednesday, opting for a low-profile insider to steer the French carmaker through growing competition and weak demand that triggered a profit warning earlier this month. The rapid promotion of its head of partnerships, less than two months after former boss Luca de Meo’s …
Renault taps insider Provost as new CEO to keep growth strategy on track Read More »
PARIS (Reuters) -French mining group Eramet reported a sharp decline in first-half results on Wednesday and warned that macroeconomic conditions should remain difficult for the rest of the year, prompting a downward revision to its 2025 production targets. Eramet reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 191 million euros ($219.12 million) …
Eramet adjusts 2025 volume targets after H1 earnings dip Read More »
ROME (Reuters) -More than a million people in Italy live in areas at high or very high risk of landslides and climate change is likely to lead to more of them, a public research body said on Wednesday, announcing a new AI assistant to help them assess the risk. Climate change is increasing the frequency …
Italy creates AI assistant to help Italians assess landslide risks Read More »
PARIS (Reuters) -Airbus CEO Guillaume Faury said the number of completed airframes still waiting for delayed engine deliveries had risen to 60 and that the delays now involved Pratt & Whitney on top of earlier problems with rival CFM. Speaking in a half-yearly media briefing, however, Faury defended the company’s target of raising deliveries by …
Airbus says it has 60 jets awaiting engines, now including from Pratt & Whitney Read More »
By Alessandro Parodi and Amir Orusov (Reuters) -Mercedes-Benz will pause deliveries of its EQ electric range to the United States and cut prices of new EQ models there, the carmaker said on Wednesday, responding to slowing demand and high inventories at dealerships. Since President Donald Trump’s spending bill earlier this month cut tax EV credits …
Mercedes-Benz to cut EV prices in the US, pause some deliveries as demand falters Read More »
