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May 23, 2022

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Computer chip giant ASML places big bets on a tiny future

Reuters
VELDHOVEN, Netherlands, May 20 (Reuters) – ASML (ASML.AS), a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on......

Stellantis to start reshuffle of dealer network next year

Reuters
Stellantis logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register VERONA, Italy, May 18 (Reuters) – Stellantis (STLA.MI) will start a reshuffle of its European dealers’ network next year from Austria, Belgium and the......

Four countries pledge tenfold rise in EU offshore wind power capacity

Reuters
A fishing boat sails in front of wind turbines through the Thyboron Canal in Jutland, Denmark, March 14, 2019. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register ESBJERG PORT, Denmark, May 18 (Reuters) – Germany, Belgium, the Netherlands and Denmark on Wednesday pledged to build at least......

ABN Amro shares fall as money-laundering provision boosts costs

Reuters
ABN AMRO logo is seen at the headquarters in Amsterdam, Netherlands May 14, 2019. REUTERS/Piroschka van de Wouw Register now for FREE unlimited access to Reuters.com Register ABN Amro reports stronger-than-expected Q1 net profit Costs higher than anticipated Shares trade down 10% FY net interest income now expected at top......

Ryanair cautious about ‘fragile’ recovery, berates Boeing

Reuters
Ryanair aircraft are seen at at dawn at Dublin airport Dublin, Ireland March 20, 2018. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register Ryanair cuts FY loss to 355 million euros Low cost carrier says caution needed heading into winter O’Leary: Boeing management should step up or......

European stocks mark positive end to volatile week

Reuters
STOXX 600 rises for first week in five Casino jumps as TotalEnergies, Engie eye renewables arm Vestas slides after Berenberg downgrade May 13 (Reuters) – European shares rose on Friday, closing higher for the first time in five weeks, as a bout of bargain hunting took over after worries about......

Column: China lifts metals exports as Western supply chains buckle: Andy Home

Reuters
LONDON, May 12 (Reuters) – China exported 45,260 tonnes of primary aluminium in March, the highest monthly total since April 2010, with almost half of it to the Netherlands. The month before 20,000 tonnes of metal left China destined for Montenegro and another 5,000 tonnes for Italy. Exports of unwrought......

Chinese jet aborts takeoff, catches fire, causing minor injuries from evacuation

Reuters
Rescue workers are seen at the site where an Airbus A319 plane of Tibet Airlines caught fire after an aborted takeoff, at Chongqing Jiangbei International Airport in Chongqing, China May 12, 2022. cnsphoto via REUTERS Register now for FREE unlimited access to Reuters.com Register BEIJING, May 12 (Reuters) – China’s......

Musk says he would reverse Twitter ban on Donald Trump

Reuters
May 10 (Reuters) – Billionaire Elon Musk said Tuesday he would reverse Twitter’s ban on former U.S. President Donald Trump when he buys the social media platform, the clearest signal of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of Tesla Inc,......

Verstappen beats Leclerc to win first Miami Grand Prix

Reuters
Verstappen cuts Leclerc’s lead to 19 points Third win in five races for Red Bull driver Ferrari second and third with Leclerc and Sainz Verstappen also takes fastest lap MIAMI, May 8 (Reuters) – Formula One world champion Max Verstappen won the first Miami Grand Prix for Red Bull on......

Leclerc seizes Miami pole in Ferrari front row sweep

Reuters
Leclerc on pole, Sainz alongside First Ferrari front row lockout since 2019 Verstappen lines up third Hamilton sixth for Mercedes MIAMI, May 7 (Reuters) – Formula One championship leader Charles Leclerc took pole position for the inaugural Miami Grand Prix ahead of Ferrari team mate Carlos Sainz in a front......

Euro zone yields rise, tracking moves in U.S. Treasuries

Reuters
The euro sign is photographed in front of the former head quarter of the European Central Bank in Frankfurt, Germany, April 9, 2019. REUTERS/Kai Pfaffenbach Register now for FREE unlimited access to Reuters.com Register May 5 (Reuters) – Euro zone borrowing costs were up on Thursday as a jump in......

Thomson Reuters ups 2022 revenue forecast after Q1 beat

Reuters
The Thomson Reuters logo is pictured on a building in the Manhattan borough of New York City, New York, U.S. November 16, 2021. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register Q1 adjusted EPS 66 cents vs forecast 61 cents Q1 revenues up 5.5% to $1.67 bln,......

Exclusive: Citi behind trade that caused brief European share plunge -sources

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 29, 2022. REUTERS/Staff/File Photo Register now for FREE unlimited access to Reuters.com Register COPENHAGEN, May 2 (Reuters) – The sudden fall in European shares driven by a brief crash in Nordic markets was......

Stellantis to boost EV plants with C$3.6 bln investment

Reuters
A view shows the logo of Stellantis at the entrance of the company’s factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol Register now for FREE unlimited access to Reuters.com Register May 2 (Reuters) – Stellantis N.V. (STLA.MI) will spend up to C$3.6 billion ($2.8 billion) to boost production of......

Qantas to break London flight barrier with Airbus jet order -sources

Reuters
A model of Airbus A350-1000 jetliner is displayed at the China International Aviation and Aerospace Exhibition, or Airshow China, in Zhuhai, Guangdong province, China September 28, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Non-stop flights from Sydney to London possible by mid-2025 A350-1000 en route......

Honeywell raises full-year profit forecast as air travel surges

Reuters
An aircraft engine is being tested at Honeywell Aerospace in Phoenix, Arizona, U.S. on September 6, 2016. REUTERS/Alwyn Scott/File Photo Register now for FREE unlimited access to Reuters.com Register April 29 (Reuters) – Honeywell International Inc raised its full-year profit forecast on Friday, as a recovery in aviation markets due......

Delivery Hero shares sink as investors cash in on strong sales

Reuters
The Delivery Hero’s logo is pictured at its headquarters in Berlin, Germany, August 18, 2020. REUTERS/Fabrizio Bensch/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Shares trade almost 12% lower CEO does not expect inflation to hit demand Say no interest in buying Grubhub Q1 revenues up......

Airbus, Qatar Airways back in court as plane row heats up

Reuters
LONDON, April 26 (Reuters) – A British judge will on Tuesday rule whether Airbus must keep building A321neo jetliners for estranged Qatar Airways in a decision with implications for future multi-billion-dollar jet deals, as their public bust-up returns to London’s High Court. Airbus revoked the A321neo deal in January in......

Hamilton writes off title hopes after new low at Imola

Reuters
Formula One F1 – Emilia Romagna Grand Prix – Autodromo Enzo e Dino Ferrari, Imola, Italy – April 23, 2022 Mercedes’ Lewis Hamilton in action during the sprint race REUTERS/Jennifer Lorenzini Register now for FREE unlimited access to Reuters.com Register IMOLA, Italy, April 23 (Reuters) – Lewis Hamilton wrote off......

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