By Valerie Insinna and Tim Hepher WASHINGTON/PARIS (Reuters) – European hopes of winning at the second attempt a groundbreaking U.S. military order for refueling planes are fading after the Pentagon scaled back its potential order, cooling the prospect of a new transatlantic “Tanker War,” industry sources said. Aerospace titans Airbus and Boeing clashed in an…
By Valerie Insinna and Tim Hepher WASHINGTON/PARIS (Reuters) – European hopes of winning at the second attempt a groundbreaking U.S. military order for refueling planes are fading after the Pentagon scaled back its potential order, cooling the prospect of a new transatlantic “Tanker War,” industry sources said. Aerospace titans Airbus and Boeing clashed in an…
By Lewis Krauskopf, Saqib Iqbal Ahmed and David Randall NEW YORK (Reuters) -A few months ago, most investors feared having too much exposure to equities. Now many are worried they may not have enough. The 15% year-to-date rally in the S&P 500 is pulling once doubtful investors back into the market. Many who had whittled…
(Reuters) -Margins at Boeing’s defense unit will look similar in the second quarter to its first-quarter results, Boeing Defense CEO Ted Colbert said Sunday. Margins at its defense unit were negative in the first quarter as Boeing recorded a $245 million pre-tax charge on the KC-46 tanker program. Colbert declined to say whether Boeing would…
(Reuters) – Russian President Vladimir Putin on Saturday gave African leaders seeking to mediate in the war in Ukraine a list of reasons why he believed many of their proposals were misguided, pouring cold water on a plan already largely dismissed by Kyiv. The African leaders were seeking agreement on a series of “confidence building…
(Reuters) – Margins at Boeing’s defense unit will look similar in the second quarter to its first-quarter results, Boeing Defense CEO Ted Colbert said Sunday. Margins at its defense unit were negative in the first quarter as Boeing recorded a $245 million pre-tax charge on the KC-46 tanker program. “We’re still assessing where the numbers…
LONDON (Reuters) – The Chinese embassy in London on Sunday condemned a meeting last week between Britain’s security minister, Tom Tugendhat, and Taiwan’s digital minister, saying it violated international relations. Reuters reported on Friday that Tugendhat had met the Taiwanese Digital Affairs Minister Audrey Tang on Wednesday during a rare high-level ministerial trip to Britain….
By Tim Hepher PARIS (Reuters) – After a decade in the shadows, one of Europe’s mystery aerospace projects – the X9 helicopter – is taking shape as a potential future successor to Airbus Helicopters’ H145 light-twin chopper, with plans for a demonstrator underway, industry sources said. The X9 was one of two coded projects briefly…
By Tim Hepher PARIS (Reuters) – After a decade in the shadows, one of Europe’s mystery aerospace projects – the X9 helicopter – is taking shape as a potential future successor to Airbus Helicopters’ H145 light-twin chopper, with plans for a demonstrator underway, industry sources said. The X9 was one of two coded projects briefly…
JERUSALEM (Reuters) -U.S. chipmaker Intel Corp will spend $25 billion on a new factory in Israel, Prime Minister Benjamin Netanyahu said on Sunday, calling it the largest-ever international investment in the country. The factory in Kiryat Gat is due to open in 2027, to operate through 2035 at least and to employ thousands of people,…
