New orders and supply chain progress as Paris Airshow grapples with pandemic aftermath
By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – The first Paris Airshow in four years…
Business
European shares slide on rate hike jitters after Powell comments, BoE hike
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares briefly hit their lowest level in nearly three months on…
JPMorgan Chase is fined by SEC after mistakenly deleting 47 million emails
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase has been fined $4 million by the U.S. Securities and Exchange Commission…
How Poland snagged Intel’s multi-billion dollar investment
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) – Poland’s third-largest city Wroclaw beat rivals last week to be…
US safety board chair vows accountability, recommendations in Ohio derailment
By David Shepardson WASHINGTON (Reuters) -National Transportation Safety Board chair Jennifer Homendy on Thursday vowed to ensure accountability and propose…
Lordstown Motors founder sells remaining stake in EV startup
(Reuters) – Lordstown Motors founder and former CEO Stephen Burns has sold his entire stake in the electric-vehicle maker, according…
U.S. oil stocks at Cushing delivery hub hit 2-year peak
By Stephanie Kelly and Nia Williams NEW YORK (Reuters) – U.S. crude oil inventories at the Cushing, Oklahoma, storage hub…
VW investors question how Xinjiang plant audit will be run
By Victoria Waldersee BERLIN (Reuters) – While investors welcomed Volkswagen’s decision to audit its jointly-owned plant in Xinjiang, China, some…
Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
By John McCrank NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion bet on the little known financial software company Adenza…
Japan’s Cosmo wins unconventional vote on ‘poison pill’ against activist
By Makiko Yamazaki TOKYO (Reuters) -Cosmo Energy Holdings’ shareholders approved a “poison pill” takeover defence on Thursday, in a controversial…