BENGALURU (Reuters) -Tata group-owned Air India has confirmed an order for 100 Airbus aircraft, the two companies said on Monday, as part of a multi-billion-dollar plan to turn itself into a leading global airline. In October, Airbus announced an order for 75 A320 jets and 10 A350s by an unnamed customer, which sources said was …
Air India confirms order for another 100 Airbus jets Read More »
(Reuters) -Packaging firm Novolex will buy rival Pactiv Evergreen in a $6.7 billion deal, as the Apollo Global Management-owned firm looks to bolster its business of food and beverage packaging in a cautious economic environment. Novolex will offer $18 per share to take Pactiv private in an all-cash transaction, including debt, the companies said on …
By Will Dunham WASHINGTON (Reuters) – Fresh corroboration of the perplexing observation that the universe is expanding more rapidly than expected has scientists pondering the cause – perhaps some unknown factor involving the mysterious cosmic components dark energy and dark matter. Two years of data from NASA’s James Webb Space Telescope have now validated the …
Webb telescope confirms the universe is expanding at an unexpected rate Read More »
By Liam Mo and Brenda Goh BEIJING (Reuters) -China said on Monday it has launched an investigation into Nvidia Corp over suspected violations of the country’s anti-monopoly law, in a move widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector. The statement from the State Administration for Market Regulation …
China targets Nvidia with antitrust probe, escalates US chip tensions Read More »
By Federico Maccioni ABU DHABI (Reuters) – Cryptocurrency exchange Binance has yet to decide where to base its global headquarters, its CEO told Reuters on Monday, years after it flagged a decision was imminent, but the executive pointed to moves it has made to improve corporate governance. “We are still working very hard on this …
Binance still to choose location for global headquarters, CEO Teng says Read More »
By Samia Nakhoul, Andrew Mills DOHA (Reuters) -The ouster of Syrian President Bashar al-Assad, after rebel forces swept into Damascus this weekend, shattered Iran’s network of influence in the Middle East but Israel, the United States and Arab powers must now deal with the risk of instability and extremism from the mosaic of forces that …
Assad’s exit shatters Iran’s influence but risks Islamists’ rise in Syria Read More »
(Reuters) – Enterprise Bancorp and Independent Bank, the parent of Rockland Trust, have agreed to merge in a cash-and-stock deal valued at $562 million, they said on Monday, as regional lenders continue to consolidate their operations. Massachusetts-based Enterprise will merge into Independent and its subsidiary Enterprise Bank will merge into Rockland Trust, the companies said. …
By Timothy Gardner WASHINGTON (Reuters) – Former SpaceX engineer Scott Nolan, CEO of startup General Matter, is on a mission to help end Russia’s monopoly on a type of more-enriched nuclear fuel by producing it at commercial scale in the United States and slashing its costs. Nolan incorporated San Francisco-based General Matter this year in …
Former SpaceX engineer seeks to help end US dearth of special uranium fuel Read More »
By Kate Abnett BRUSSELS (Reuters) – European Union countries plan to promote geothermal energy as they hunt for ways to replace Russian gas and bring down energy prices, a draft EU document showed. The 27 EU members will jointly endorse geothermal energy for the first time at a meeting of EU energy ministers in Brussels …
EU looks to geothermal in drive for energy security, document shows Read More »
By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Monday it plans to diversify its government bond exposure by buying outside the United States, where its outlook on long-term government debt is bearish due to a deteriorating fiscal profile. The $2 trillion bond-focused asset manager said it favors short-term and intermediate U.S. Treasuries, while …
‘Bond vigilante’ PIMCO trims long-term US sovereign debt holdings Read More »
