ISTANBUL (Reuters) – Airbus is closing in on a potentially record deal to sell 500 narrowbody A320-family jets to India’s largest carrier, Indigo, industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India’s historic provisional purchase of 470 jets in February, the sources said on the sidelines…
ISTANBUL (Reuters) – The head of a group representing global airlines renewed pressure on planemakers to speed up plane and parts production on Sunday, warning the delays would curtail airline capacity as demand for air travel nears a full recovery from the pandemic. Willie Walsh, director general of the International Air Transport Association, told Reuters…
KYIV (Reuters) – The Ukrainian military on Sunday renewed its plea for operational silence around a long-awaited counteroffensive against Russian forces, the latest in a stream of messages by Kyiv as it prepares for the assault. Anticipation has mounted around what is expected to be a broad attack by Ukrainian forces to retake Russian-occupied territory…
By Lewis Krauskopf NEW YORK (Reuters) -As the U.S. stock market continues its climb, investors holding shares of the massive tech and growth companies leading the charge are debating whether to cash out or stay on for the ride. A record $8.5 billion flowed into tech stocks in the latest week, data from BofA Global…
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA (Reuters) -OPEC and its allies met on Sunday to try to agree further cuts in production, sources told Reuters, as the group faces flagging oil prices and a looming supply glut. The group, known as OPEC+, delayed the start of formal talks by at least…
MOSCOW (Reuters) -Ukrainian forces continued to shell Russia’s border region of Belgorod overnight into Sunday after two people were killed the previous night and hundreds of children were evacuated away from the border, Governor Vyacheslav Gladkov said. “Overnight, it was quite restless,” Gladkov said on the Telegram channel, adding that the Shebekino and Volokonovsky districts…
(Reuters) -Clashes are continuing around the devastated city of Bakhmut in eastern Ukraine and Moscow is still suffering “significant losses” despite a relative easing of combat operations in recent days, Kyiv’s armed forces said on Sunday. Russia claimed late last month to have captured Bakhmut following what had become the war’s longest and bloodiest battle,…
By Nevzat Devranoglu ANKARA (Reuters) -Turkey’s newly appointed Finance Minister Mehmet Simsek said on Sunday that the country has no choice but to return to “rational ground” to ensure predictability in the economy. President Tayyip Erdogan named Simsek to his cabinet on Saturday to tackle Turkey’s cost-of-living crisis and other strains, in a clear sign…
ISTANBUL (Reuters) – European planemaker Airbus is seeing a more predictable pattern in its industrial activities and what appears to be the start of a more positive trend in deliveries, Chief Commercial Officer Christian Scherer said. “The trend seems to want to be positive. We are seeing a steady increase in our ability to fly…
ISTANBUL (Reuters) – European planemaker Airbus is seeing a more predictable pattern in its industrial activities and what appears to be the start of a more positive trend in deliveries, Chief Commercial Officer Christian Scherer said. “The trend seems to want to be positive. We are seeing a steady increase in our ability to fly…
