Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus (AIR.PA) and Qatar’s national carrier. From a distance, the planes might seem like any other long-haul jetliners crowding … Read more

Wall Street set for bounceback but recession risk keeps investors specious

LONDON, June 21 (Reuters) – Wall Street was set to open higher on Tuesday and European shares were set for a second day of gains, recovering slightly from last week’s 17-month lows, but major central banks’ rate hike plans and global recession risks kept investors. World stocks have edged higher so far this week, recovering … Read more

Western Europeans pant in early summer heatwave compounding climate change fears

Spaniards swelter as temperatures head for above 40 Celsius Outdoor events stopped in part of France, drought hits Italy Even hats off allowed at upmarket British horse-racing event MADRID/PARIS, June 17 (Reuters) – Spain headed for its hottest early summer temperatures in four decades on Friday, one area of ​​France banned outdoor events, and drought … Read more

Emergency ECB meeting lifts Europe, Fed ready to go big

News of emergency ECB meeting sends Italian markets soaring Market almost fully priced for Fed to hike 75 bps Euro rally knocks dollar off 20-yr peak, US yields off decade top China economic data slightly beat forecasts, still weak LONDON/SYDNEY, June 15 (Reuters) – European markets rallied on Wednesday on news the European Central Bank … Read more

LIVE MARKETS A green future: private finance and getting retail investors involved

DJI edges up; S&P 500, Nasdaq down; banks rally, chips, NYFANG slide Energy leads S&P 500 sector gainers; tech weakest group Euro STOXX 600 index down ~1.3% Bitcoin, crude gain; dollar ~flat; gold falls US 10-Year Treasury yield rises to ~1.65% Nov 23 – Welcome to the home for real-time coverage of markets brought to … Read more

US gasoline average price tops $5 per gallon in historic first

June 11 (Reuters) – The price of US gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation. The national average price for regular unleaded gas rose to $5.004 a gallon on June 11 from $4.986 … Read more

US Capitol riot hearing shows Trump allies, daughter rejected fraud claims

WASHINGTON, June 9 (Reuters) – Congressional hearings into the deadly US Capitol attack by Donald Trump’s supporters opened on Thursday with the panel presenting video showing that even the former president’s daughter, Ivanka, did not believe his false claims of election fraud. The Jan. 6, 2021, riot followed shortly after his gave an incendiary speech … Read more

Shares slide as sentiment ebbs on rate fears, yields rise

Investors keen ahead of ECB meeting, US CPI data White House expects next inflation numbers to be elevated Crude surges to 13-week high on rising US demand Global growth hopes sap investment sentiment NEW YORK, June 8 (Reuters) – US and European stocks slid on Wednesday as the outlook for rate hikes sullied sentiment, while … Read more

Banks, commodities stocks lift European shares as markets await ECB meet

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 2, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register China lifts more COVID-19 curbs; miners, luxury stocks rise UK PM Johnson to face no-confidence vote on Monday ECB decision, US inflation data due this week … Read more

Italy’s TIM aims to maximise value and cut debt in break-up

Telecom Italia (TIM) General Manager Pietro Labriola poses for a portrait at the company’s headquarters in Rome, Italy, January 17, 2022. REUTERS/Guglielmo Mangiapane/File Photo Register now for FREE unlimited access to Reuters.com Register TIM, state lender CDP in talks over single fiber network project CDP aims to take control of combined entity TIM CEO sees … Read more