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Airbus and Qatar Airways settle a bitter row over the A350

Airbus and Qatar Airways settle a bitter row over the A350

PARIS, Feb. 1 (Reuters) – Airbus (AIR.PA) The two companies said on Wednesday that it and Qatar Airways had settled a dispute over the grounded A350s, to avoid a possible trial in the United Kingdom after a violent 18-month dispute that tore the lid off the global aircraft market. “Amicable and mutually acceptable settlement” ends …

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Exxon will crush the profits of major western oil companies by $ 56 billion in 2022

Exxon will crush the profits of major western oil companies by $ 56 billion in 2022

HOUSTON, Jan. 31 (Reuters) – Exxon Mobil Corporation (XOM.N) The company said on Tuesday that its net profit for 2022 amounted to $56 billion, and it made about $6.3 million per hour last year, setting not only a record for the company, but also a historic high for the western oil industry. Major oil companies …

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Unilever has appointed former Heinz exec Schumacher as chief executive officer

Unilever has appointed former Heinz exec Schumacher as chief executive officer

To become CEO July 1 The activist contributor says she met Schumacher when he was at Heinz First outside CEO since Paul Pullman was appointed in 2008 Unilever shares are outperforming the FTSE 100 LONDON (Reuters) – Unilever appointed Hein Schumacher on Monday to replace Alan Job as chief executive from July, a move welcomed …

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Oil is falling ahead of the OPEC + and US Federal Reserve meetings

Oil is falling ahead of the OPEC + and US Federal Reserve meetings

SINGAPORE (Reuters) – Oil prices fell on Monday, giving up previous gains, as global producers are likely to keep output unchanged at this week’s meeting and investors remain cautious ahead of a US Federal Reserve meeting that could spur market volatility. . Brent crude futures fell 20 cents, or 0.2 percent, to $86.46 a barrel …

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The Boeing 747, the original jumbo jet, is preparing for final dispatch

The Boeing 747, the original jumbo jet, is preparing for final dispatch

The final 747 freighter will be delivered to Atlas Airlines More than five decades of commercial production ends Boeing nearly went bankrupt, before becoming a cash cow It’s easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan. 29 (Reuters) – The Boeing Company (prevention) The 747, the original and most aesthetically pleasing “Jumbo …

The Boeing 747, the original jumbo jet, is preparing for final dispatch Read More »

UK regional airline Flybe halts trading and cancels all flights

UK regional airline Flybe halts trading and cancels all flights

Collapsing for the second time in three years 276 workers were laid off by administrators About 75,000 customers have future bookings Affected by the delay in the delivery of aircraft Competitors see higher demand LONDON (Reuters) – British regional carrier FlyBe on Saturday suspended trading for the second time in three years, with all flights …

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Musk says Tesla's price cuts have increased demand, and 2023 sales could reach 2 million vehicles

Musk says Tesla’s price cuts have increased demand, and 2023 sales could reach 2 million vehicles

Jan. 25 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Wednesday that aggressive price cuts have ignited demand for its electric cars, alleviating concerns that the weak economy could stifle buyer interest. The company slightly beat Wall Street targets for fourth-quarter revenue and earnings earlier on Wednesday despite a sharp drop in …

Musk says Tesla’s price cuts have increased demand, and 2023 sales could reach 2 million vehicles Read More »

Oil settled mixed after hitting a 7-week high amid strong expectations for China

Oil settled mixed after hitting a 7-week high amid strong expectations for China

Brent crude and US crude hit their highest levels since early December The Group of Seven industrialized nations (G7) is seeking to set a price cap for Russian oil products India’s crude imports hit a five-month high in December NEW YORK (Reuters) – Oil prices were mixed on Monday, falling as investors reaped, jumping to …

Oil settled mixed after hitting a 7-week high amid strong expectations for China Read More »

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