By Tim Hepher LISBON (Reuters) – Brazilian aircraft manufacturer Embraer voiced “full support” for Pratt & Whitney as it battles durability problems on recent jet engines, but blamed a separate tussle with engine makers for the suspension of a new turboprop plane project. Chief Executive Francisco Gomes Neto told reporters that Raytheon Technologies unit Pratt…
By Tim Hepher LISBON (Reuters) – Brazilian aircraft manufacturer Embraer voiced “full support” for Pratt & Whitney as it battles durability problems on recent jet engines, but blamed a separate tussle with engine makers for the suspension of a new turboprop plane project. Chief Executive Francisco Gomes Neto told reporters that Raytheon Technologies unit Pratt…
WASHINGTON (Reuters) – U.S. President Joe Biden said he has had several productive conversations with House Speaker Kevin McCarthy in their standoff over the federal government’s debt ceiling, adding that staff negotiators were continuing talks on Thursday afternoon. Democrat Biden, speaking at a White House event for his new pick to chair the Joint Chiefs…
DUBAI (Reuters) -Iran successfully test-launched a ballistic missile with a potential 2,000-km range on Thursday, state media said, two days after the chief of Israel’s armed forces raised the prospect of “action” against Tehran over its nuclear programme. Iran, which has one of the biggest missile programmes in the Middle East, says its weapons are…
By David Milliken LONDON (Reuters) -The Bank of England needs to push back against the risk that high inflation proves unexpectedly sticky, and may need to raise interest rates further, Monetary Policy Committee (MPC) member Jonathan Haskel said on Thursday. Haskel – who in the past has sometimes voted for bigger interest rate rises than…
By Jaiveer Shekhawat and Manya Saini (Reuters) -JPMorgan Chase & Co has told clients with personal credit lines at First Republic Bank that it will no longer offer them when they come up for renewal, a person familiar with the matter told Reuters on Thursday. The bank does not offer personal lines of credit and…
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday curbed state and local governments from seizing and selling the homes of people with unpaid property taxes and keeping the proceeds beyond the amount owed, deeming the practice unconstitutional in a ruling in favor of a 94-year-old woman who battled tax authorities in Minnesota. The…
By Raphael Satter and James Pearson (Reuters) – Its name is redolent of an exotic electrical storm. But is the freshly christened hacking group “Volt Typhoon” an imminent danger to American infrastructure, or just a new crop of digital spies playing an old game? Here is what is known about the group and its potential…
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday urged Latino voters not to back Florida Governor Ron DeSantis in the next U.S. presidential election, accusing the Republican politician of trying to win votes at the expense of migrants. DeSantis said Wednesday he would seek the 2024 Republican nomination for president and…
WASHINGTON (Reuters) – A debt default would deal significant, unambiguous damage to US national security, negatively impacting military readiness, morale and its capabilities, the top US general told a news conference on Thursday. “I think there’s no doubt whatsoever that there would be a very significant negative impact on the readiness, morale and capabilities of…
