RTX: Pratt & Whitney engines unit to take $500 million free cashflow hit
PARIS (Reuters) – RTX expects to take a $500 million hit to free cash flow due to a supply chain…
Europe
Europe in danger of losing EV battery race – Court of Auditors
By Julia Payne BRUSSELS (Reuters) – Europe is in danger of losing the race to become a global battery powerhouse…
Ukraine targets initial $40 billion for ‘Green Marshall Plan’
By Simon Jessop and Olena Harmash LONDON (Reuters) -Ukraine is seeking up to $40 billion to fund the first part…
Dollar nudges up, sterling near 14-month highs ahead of BoE decision
By Iain Withers LONDON (Reuters) -The dollar edged higher and the UK pound was near a 14-month peak on Monday…
Italy’s TIM leaning towards KKR for talks over grid sale, sources say
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Telecom Italia (TIM) is leaning towards entering talks with KKR over…
Stocks rally stalls, eyes on Powell testimony for US rate clues
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors…
China-U.S. climate partnership vital despite differences, Kerry says
By Philip Pullella VATICAN CITY (Reuters) – U.S. climate envoy John Kerry said on Monday that the United States and…
ECB hawks argue for more hikes even as Lane opens door to pause
FRANKFURT (Reuters) -The European Central Bank should err on the side of further interest rate hikes as inflation could come…
Emotional reunion amid despair as Greece searches for shipwreck survivors
By Lefteris Papadimas and Karolina Tagaris KALAMATA, Greece (Reuters) -A Syrian teenager who survived a shipwreck that killed at least…
ECB is data-driven, Sept decision too far off to call – Lane
MADRID (Reuters) – The European Central Bank is likely to raise interest rates again next month but it is too…