Reuters UK Business

By Dan Catchpole and Shivansh Tiwary (Reuters) -Boeing’s quarterly loss more than halved and was much smaller than analysts expected as the U.S. planemaker ramped up jet deliveries, recovering from a regulatory crisis and a major strike that halted most production last year. The results highlighted Boeing’s efforts to cautiously increase monthly output this year, …

Boeing’s quarterly loss shrinks as jet deliveries rebound, but shares drop Read More »

By Tanay Dhumal and David French (Reuters) -Oilfield services firm Baker Hughes said on Tuesday it would buy Chart Industries in a $13.6 billion all-cash deal, including debt, topping a previously-agreed merger offer that Chart struck with rival Flowserve last month. The deal will give Baker Hughes greater exposure to industrial technology servicing liquefied natural …

Baker Hughes bets on LNG, data center demand with $13.6 billion Chart Industries deal Read More »

By Foo Yun Chee BRUSSELS (Reuters) -Norwegian browser maker Opera filed a complaint about U.S. tech giant Microsoft to Brazilian antitrust authority CADE on Tuesday alleging its Edge browser has an unfair advantage, underscoring the long-running rivalry between the two companies.  Opera complained to the European Commission in December 2007 about Microsoft tying its Internet …

Microsoft hit with Opera complaint to Brazilian antitrust regulator Read More »

WASHINGTON (Reuters) -The women-only U.S. dating advice app Tea has suspended direct messaging following a series of security breaches that exposed its users’ personal details and sensitive communications, the company said on Tuesday. In a series of posts to TikTok, Tea Dating Advice said it had taken messaging offline “out of an abundance of caution” …

Women-only US dating advice app Tea suspends messaging following breaches Read More »

By Zaheer Kachwala (Reuters) -Electronic Arts forecast second-quarter net bookings below Wall Street expectations on Tuesday, pressured by uncertain consumer spending on its core sports portfolio amid a challenging economic environment. With shifting U.S. trade policies threatening to push inflation higher, gamers have become more cautious with discretionary spending. EA said the bookings forecast includes …

EA forecasts quarterly bookings below expectations on cautious gamer spending Read More »

By Nicole Jao NEW YORK (Reuters) -Oil prices gained more than 3% on Tuesday as President Donald Trump ramped up pressure on Russia over its war in Ukraine and on optimism that a trade war between the U.S. and its major trading partners was abating.  Brent crude futures settled $2.47, or 3.53%, higher at $72.51 …

Oil prices rally on US pressure on Russia, trade deal optimism Read More »

(Reuters) -Air New Zealand on Wednesday named Nikhil Ravishankar as its next chief executive, replacing outgoing CEO Greg Foran, as the airline contends with deepening supply chain and engine disruptions that are expected to weigh on earnings through 2025. Foran, who joined the airline just as the COVID-19 pandemic loomed, announced his resignation earlier this …

Air New Zealand taps digital chief as next CEO to steer firm through challenges Read More »