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 …
Airbus and Qatar Airways settle a bitter row over the A350 Read More »
SAN FRANCISCO, Feb. 1 (Reuters) – Rivian Automotive Company (Revno) It is laying off 6% of its workforce in a bid to cut costs as the electric car maker, already suffering from low cash reserves and a weak economy, prepares for an industry-wide price war. In an email to employees Wednesday announcing the job cuts, …
Exclusive: Electric Vehicle Maker Rivian Cuts 6% of Jobs Amid Price War – Internal Memo Read More »
Q4 GDP at -0.2% qoq vs 0.0% forecast The decrease is mainly due to lower private consumption Economists think a mild recession is likely Data on Monday showed that the German economy contracted unexpectedly in the fourth quarter, in a sign that Europe’s largest economy may be entering a highly anticipated recession, although it is …
WASHINGTON (Reuters) – The discovery of an asteroid the size of a pickup truck just days before it passed Earth Thursday that, although posing no threat to humans, highlights a blind spot in our ability to predict those who could. It actually causes harm, say astronomers. For years, NASA has prioritized detecting asteroids much larger …
The sudden flyby of an asteroid shows a blind spot in planetary threat detection Read More »
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 »
DUsseldorf (Reuters) – Germany’s Rheinmetall is ready to increase production of tank and artillery ammunition to meet strong demand in Ukraine and the West, and may start producing HIMARS multiple rocket launchers in Germany, the chief executive of German arms company Rheinmetall said. Reuters. He spoke days before Germany’s defense industry chiefs met new defense …
Rheinmetall eyes increase ammunition production and HIMARS production in Germany Read More »
LONDON (Reuters) – Blockchain data seen by Reuters shows that crypto giant Binance processed nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine.” The Justice Department said so on January 18th Bitzlato’s co-founder and majority shareholder was charged …
