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Airbus slams skeptical supplier Raytheon over jet production

Airbus slams skeptical supplier Raytheon over jet production

Join now for FREE unlimited access to Reuters.com Register PARIS, Sept 23 (Reuters) – Europe’s Airbus (AIR.PA) clashed on Friday with U.S. giant Raytheon Technologies (RTX.N) over a plan to ramp up production of jet planes to a record high. line, after the industry’s largest contractor questioned whether a failing supply chain could carry on. …

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The yen strengthens after Japan supported its currency for the first time since 1998

The yen strengthens after Japan supported its currency for the first time since 1998

Join now for FREE unlimited access to Reuters.com Register “We have taken decisive action,” says Japan’s vice finance minister Dollar/yen has widest gap between daily high and low since 2016 British Pound, Swiss Franc and Norwegian Krone Slip After Moderate Rate Hikes The dollar hits a new multi-year high against the British pound and the …

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Biden, unions and railroad leaders fight for deal as shutdown looms

Biden, unions and railroad leaders fight for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials held labor contract talks on Wednesday evening to avoid a possible rail shutdown that could disrupt freight shipments and hamper food supplies and fuel, but a small union rejected a deal and Amtrak called it all off. long-distance passenger travel. Railroads including Union Pacific (UNP.N), Berkshire …

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Biden hops in Corvette, declares Detroit 'back' at EV-focused auto show

Biden hops in Corvette, declares Detroit ‘back’ at EV-focused auto show

Join now for FREE unlimited access to Reuters.com Register DETROIT, Sept 14 (Reuters) – President Joe Biden won a victory lap at the Detroit auto show on Wednesday by highlighting automakers’ push into electric vehicles, including billions of dollars in investment in battery factories, thanks to new government support. The self-proclaimed “car guy” Biden rode …

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Germany and the EU in the race to solve the energy crisis

Germany and the EU in the race to solve the energy crisis

Join now for FREE unlimited access to Reuters.com Register Germany plans to expand loans to energy companies EU securities watchdog mulls EU-wide measures The Commission will announce wider plans on Wednesday BERLIN/FRANKFURT, Sept 13 (Reuters) – Germany will step up lending to energy firms threatened with being crushed by soaring gas prices, it said on …

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EU mulls tax on fossil fuel companies to help consumers survive energy crisis

EU mulls tax on fossil fuel companies to help consumers survive energy crisis

Join now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 12 (Reuters) – Fossil fuel companies may have to share excess profits to help European households and industries cope with searing energy bills, a draft European Union plan said on Monday as the cost of the West’s “energy war”. with Russia has taken an …

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EU to claw back profits from energy companies rather than cap Russian gas price

EU to claw back profits from energy companies rather than cap Russian gas price

Join now for FREE unlimited access to Reuters.com Register EU countries ask bloc to propose windfall income cap Ministers also call for EU proposal on gas price cap Countries resist EU plan to cap Russian gas price BRUSSELS, Sept 9 (Reuters) – European Union energy ministers on Friday tasked Brussels with drafting proposals within days …

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