European stocks head for biggest rise in two months
LONDON (Reuters) – European stocks headed for their biggest rise in two months on Monday as investors snapped up cut-price retail and tech stocks and France’s shares and bonds cheered a meaty parliamentary majority for pro-business President Emmanuel M…
Oil prices flat after weeks of steep declines
NEW YORK (Reuters) – Oil prices were flat on Monday after diving 13 percent since late May as rising production in the United States, Libya and Nigeria have foiled an OPEC-led effort to support the market by cutting production.
Chinese state oil giants take petrol price battle to the pumps
LULIANG, China (Reuters) – Chinese state oil giants Sinopec and PetroChina are waging war at the nation’s gas pumps, slashing prices at unprecedented rates in an effort to reclaim sales lost to private local and foreign rivals in the $440 billion reta…
Chinese state oil giants take petrol price battle to the pumps
LULIANG, China (Reuters) – Chinese state oil giants Sinopec and PetroChina are waging war at the nation’s gas pumps, slashing prices at unprecedented rates in an effort to reclaim sales lost to private local and foreign rivals in the $440 billion reta…
Raytheon to restart SM-2 missile line after $650 million sale: executive
PARIS (Reuters) – U.S. missile maker Raytheon plans to announce it will restart its Standard Missile 2 (SM-2) production line after a $650 million dollar order from four U.S. allies, the president of Raytheon’s Missile Systems, Taylor Lawrence, said o…
Viva Air Peru seen near $5 billion Airbus deal at Paris Airshow
PARIS (Reuters) – Low-cost carrier Viva Air Peru looked close to reaching a roughly $5 billion deal with Airbus for medium-haul jets on Sunday, as Western planemakers seek to defy expectations of slow sales at this year’s Paris Airshow.
In Brexit boost, Jaguar Land Rover to hire 5,000 staff
LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched…
Exclusive: Lockheed nears $37 billion-plus deal to sell F-35 jet to 11 countries
(Reuters) – Lockheed Martin Corp is in the final stages of negotiating a deal worth more than $37 billion to sell a record 440 F-35 fighter jets to a group of 11 nations including the United States, two people familiar with the talks said.
A380plus – Airbus upgrades world’s biggest passenger jet
PARIS (Reuters) – Airbus unveiled an upgraded version of the world’s biggest passenger jet on Sunday, seeking to boost demand for the slow-selling superjumbo and including a new wingtip design aimed at reducing fuel burn by up to 4 percent.
Boeing sees strong interest in potential new 737 model
PARIS (Reuters) – Boeing has received strong interest in a potential new member of its best-selling 737 aircraft range, the planemaker’s new commercial chief said on Sunday.
