PARIS (Reuters) -Saudi leasing company AviLease placed a firm order for 30 Airbus single-aisle jets and 10 A350 freighters in its first direct deal with the European planemaker, as Saudi Arabia’s aviation ambitions kicked off the Paris Airshow on Monday. The three-year-old company, a unit of Saudi Arabia’s Public Investment Fund, also took out options …
Saudi leasing firm AviLease orders 40 Airbus jets Read More »
(Reuters) -Spanish telecom giant Telefonica has accelerated plans to reduce its exposure in Spanish-speaking Latin America, where profitability is lower than capital cost, to focus instead on four main markets under new CEO Marc Murtra. Following both an ownership and a management shake-up in the last year, Telefonica has withdrawn from many countries in southern …
Factbox-Spain’s Telefonica reshapes Latin America strategy after leadership change Read More »
WARSAW (Reuters) -Poland has signed agreements to distribute over 117 billion zlotys ($32 billion) of European Union pandemic recovery funds to local beneficiaries, 45% of the country’s total allocation from Brussels, the Development Funds Ministry said on Monday. EU Resilience and Recovery Funds are meant to boost member states’ economies following the COVID-19 pandemic and …
Poland has deals to allocate 45% of its EU pandemic recovery funds, ministry says Read More »
By Florence Tan and Sudarshan Varadhan KUALA LUMPUR (Reuters) -Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, which has fuelled worries that it could widen and disrupt supply. The head of Saudi state oil giant …
Conflict in Middle East shadows oil industry gathering in Malaysia Read More »
MOSCOW (Reuters) -Russian gas supplies via the Black Sea’s TurkStream pipeline to Europe have been slowly restarting as planned maintenance nears an end, data from European gas transmission group Entsog showed on Monday. Bulgarian gas pipeline network operator Bulgartransgaz said TurkStream’s receiving terminals and the Russkaya measuring station in Russia were undergoing planned maintenance from …
By Giulia Segreti, Paul Sandle and Tim Hepher PARIS (Reuters) – Airbus bagged a $3.5 billion plane order from Saudi Arabia’s AviLease on the opening day of the Paris Airshow on Monday, as a diplomatic dispute erupted over France’s decision to shut down four Israeli stands for displaying deadly weapons. Delegates expect this year’s iteration …
Airbus bags Saudi order as Franco-Israeli dispute rocks air show Read More »
PARIS (Reuters) -Polish airline LOT is poised to announce on Monday an order for 40 Airbus A220 plus options for a further 44 aircraft, two people familiar with the matter said. Finalisation of the deal at the Paris Airshow follows a lengthy battle between Airbus and Brazil’s EmbraerSA>, they said. LOT and Airbus declined comment. …
Airbus wins Polish order for 40 A220 plus options, sources say Read More »
By America Hernandez and Sudarshan Varadhan KUALA LUMPUR/PARIS (Reuters) -French energy giant TotalEnergies has acquired further stakes in Malaysian gas assets from the country’s national producer Petronas, CEO Patrick Pouyanne said on Monday. The French energy company has been expanding its presence in gas in Asia, where it sees greater potential for sales growth as …
TotalEnergies raises Malaysian gas stake in partnership with Petronas Read More »
By Linda Pasquini (Reuters) -Sterling was muted against the dollar on Monday ahead of a Bank of England meeting this week, with markets adopting a wait-and-see approach to rising geopolitical uncertainty, as a conflict between Israel and Iran showed no sign of abating. Sterling was marginally up against the dollar at $1.359, after falling as …
Sterling steady on the dollar as Middle East conflict endures, BoE meeting in sight Read More »
By Emma-Victoria Farr and Andres Gonzalez FRANKFURT (Reuters) -Private equity funds, including Carlyle and Triton, are weighing bids for Germany-based industrial equipment maker REMA Tip Top, which is exploring a possible sale, three people familiar with the matter said. The family-owned maker of industrial conveyor belts is working with an adviser to explore its options, …
Triton, Carlyle weigh bids for Germany’s REMA Tip Top, sources say Read More »
