By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday voted to pass legislation that would raise the mandatory commercial pilot retirement age to 67 from 65 and make[...]
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U.S. House committees investigate Ford Chinese battery partnership
By David Shepardson WASHINGTON (Reuters) -Two U.S. House of Representatives committees said Friday they are investigating Ford Motor Co’s partnership with Chinese battery company CATL. Ford anno[...]
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Exclusive-Airbus A321XLR jet faces range gap after design safeguards -sources
By Tim Hepher PARIS (Reuters) -Airbus is grappling with a growing shortfall in the range of its upcoming A321XLR passenger jet after reaching an agreement with European regulators on design safeguards[...]
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SLB flags slowing N.America demand; international lifts profit
By Arathy Somasekhar and Arunima Kumar HOUSTON (Reuters) -SLB on Friday flagged weakening North America oilfield activity even as the company topped analysts’ estimates for second quarter profit[...]
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Factbox-U.S. banks increase reserves for commercial real estate exposure
By Matt Tracy (Reuters) – The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity and higher interest rat[...]
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JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt
FRANKFURT (Reuters) -JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told German newspaper Handelsblatt, a move that increases competition for[...]
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China seeks to boost demand by pushing urban development – state media
BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to support the economy, state media sa[...]
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Soft Canadian retail sales data point to slowing economy
By Ismail Shakil OTTAWA (Reuters) – Canadian retail sales underperformed expectations in May and were likely unchanged in June, data showed on Friday, pointing toward a slowdown in economic grow[...]
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Generali’s TUA Assicurazioni draws foreign bid interest
By Amy-Jo Crowley and Valentina Za LONDON/MILAN (Reuters) – A number of international groups are in the running to buy TUA Assicurazioni from Generali, sources with knowledge of the matter said,[...]
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