Saudi SCOPA and Airbus agree to produce helicopters in the kingdom -SCOPA CEO
DUBAI (Reuters) -Saudi defence company SCOPA Industries and Airbus have signed an agreement to jointly produce civil and military helicopters…
Business
Analysis-Behind aviation recovery, suppliers struggle to keep up
By Allison Lampert, Tim Hepher and Valerie Insinna PARIS (Reuters) – For dealmakers, this week’s Paris Air Show will showcase…
McDonald’s Japan hikes prices in city centres as costs bite
By Anton Bridge TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants said on Monday it would raise prices at…
Dubai chases long-term growth as property booms, seeks to blunt debt risk
By Rachna Uppal and Yousef Saba DUBAI (Reuters) – Buoyed by a swift economic rebound post-COVID, Dubai is racing to…
Buffett adds to his holdings of Japanese trading houses
(Reuters) -Billionaire investor Warren Buffett’s Berkshire Hathaway said on Monday it added to holdings in Japan’s five biggest trading houses,…
China seen cutting key lending benchmarks as economy slows
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to cut key lending benchmarks on Tuesday in the first such easing in…
Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes…
Eve, Blade to expand ‘flying car’ partnership to Europe
By Gabriel Araujo SAO PAULO (Reuters) – Electric aircraft maker Eve and Blade Air Mobility are expanding their partnership to…
Goldman Sachs cuts China growth forecast as property slowdown bites
SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud…
Take Five: Keep calm and raise rates
(Reuters) -The Bank of England is facing a stormy gilts market while Turkey’s new governor is expected to ramp up…