PARIS (Reuters) – Pratt & Whitney is seeing “solid progress” in the aerospace supply chain after bottlenecks caused by the pandemic, Shane Eddy, president of engine maker Pratt[...]
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Europe
Vodafone hires Morgan Stanley to weigh options for its Spanish unit – Expansion
MADRID (Reuters) – Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish unit, Spanish newspaper Expansion reported on Wednesday citi[...]
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UK net debt passes 100% of GDP for first time since 1961
LONDON (Reuters) – Britain’s public sector net debt surpassed 100% of gross domestic product in May as borrowing came in higher than expected, the Office for National Statistics said on We[...]
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Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses. Below[...]
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Marketmind: Nevermind the cricket, here’s inflation
A look at the day ahead in European and global markets from Tom Westbrook British inflation figures this morning could take traders’ minds off England’s cricket defeat, should they show th[...]
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Rio Tinto reopens iron ore rail line in Western Australia after derailment
MELBOURNE (Reuters) – The world’s biggest iron ore miner Rio Tinto said on Wednesday that it had reopened a rail line at its Western Australian operations after a train carrying iron ore n[...]
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World’s largest commercial jet purchase orders by number of aircraft
BENGALURU (Reuters) -IndiGo, India’s largest airline, on Monday placed an order for 500 Airbus narrowbody jets, the largest ever plane deal by number of aircraft, overtaking an earlier deal by r[...]
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Stocks fall, U.S. dollar up ahead of Powell testimony
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the dollar index inched up on Tuesday as investors weighed the U.S. interest rate outlook ahead of Federal Reserve Cha[...]
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Italy’s Brembo to move to Amsterdam to increase M&A options
MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share scheme in a move aimed at increasing M&A opportunities, the premi[...]
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