By Tim Hepher and Sarah Young PARIS/LONDON (Reuters) -Boeing and Sweden’s Saab are in talks with Britain’s BAE Systems about teaming up on a future replacement of Britain’s Hawk trainer in a growing niche of the fast jet industry, three people familiar with the matter said. Boeing and Saab have jointly developed the T-7 advanced …
Exclusive-Boeing/Saab in talks with BAE on UK jet trainer bid, sources say Read More »
LONDON (Reuters) -British lenders approved more mortgages than expected last month, adding to signs that the housing market has recovered from a dip after the expiry of a tax break for homebuyers, and consumers also upped their borrowing, data showed on Tuesday. The Bank of England said 64,167 mortgages were approved in June, up from …
UK lenders approve more mortgages, consumers borrow more Read More »
(Reuters) -Novo Nordisk on Tuesday appointed insider Mike Doustdar as its new chief executive after the Danish obesity drug maker cut its full year outlook for the second time in 2025, sending its shares tumbling. Here are some reactions from market analysts and investors: MARKUS MANNS, A PORTFOLIO MANAGER AT MUTUAL FUNDS FIRM UNION INVESTMENT …
Instant View: Reaction to new Novo Nordisk CEO, profit warning Read More »
By Giuseppe Fonte ROME (Reuters) -Italy will tell the European Union the terms it imposed on UniCredit’s bid for Banco BPM remain in place even after the collapse of the deal, sources said, responding to criticism from Brussels that could ultimately lead to disciplinary steps. UniCredit withdrew its offer for BPM on July 22, blaming …
Italy to tell EU terms for UniCredit’s BPM bid remain despite deal collapse Read More »
MILAN (Reuters) -Italian truck maker Iveco said on Tuesday it was in “ongoing, advanced” talks with different parties for two separate deals regarding its defence business and the rest of the company. “The board of directors of the company is in the process of carefully reviewing and evaluating all aspects of these potential transactions,” the …
Iveco says in advanced talks for deals on defence unit, rest of company Read More »
By Andrea Shalal (Reuters) -The International Monetary Fund on Tuesday warned that any loss of central bank independence could undermine efforts to keep inflation expectations in check, potentially triggering a wave of financial, monetary and macroeconomic instability. The IMF hammered home that message in an update to its World Economic Outlook, released Tuesday, and in …
Loss of central bank independence could lead to instability, IMF warns Read More »
(Reuters) -Johnson Controls International raised its annual profit forecast on Wednesday, after beating third-quarter profit estimates on the back of sustained demand for its electrical and industrial equipment. The Cork, Ireland-based firm, which makes liquid cooling systems for IT equipment as well as specialized security and fire systems, has been benefiting from the rising data …
Johnson Controls raises annual profit forecast on strong demand Read More »
By Lucy Raitano LONDON (Reuters) -The pound fell to a 10-week low against a stronger dollar on Tuesday, while staying just off a two-year low against the euro, as markets continue to digest the announcement of the trade deal between the European Union and the United States. The pound was last a touch higher against …
Pound at 10-week low against dollar after US-EU trade deal Read More »
By Alessandro Parodi (Reuters) -Dutch healthcare technology company Philips slashed its estimated tariff impact on Tuesday after the United States and the European Union agreed a trade deal that imposes a 15% rate on most goods imported from Europe. U.S. President Donald Trump had threatened to impose a 30% tariff on imports from the 27-nation …
Philips cuts tariff impact estimate following US-EU deal, shares up 10% Read More »
MADRID (Reuters) -IFM Investors said on Tuesday it had agreed to buy a 75% stake in Air Rail, the largest owner and operator of ground support equipment for airports in Spain and Portugal, as the Australian investment manager expands its presence in the Iberian market. With the deal, whose financial terms were not disclosed, Air …
Australia’s IFM buys 75% of Spanish ground support equipment firm Air Rail Read More »
