By Valerie Insinna, Padraic Halpin and Tim Hepher WASHINGTON/DUBLIN (Reuters) -Ireland’s Ryanair sealed a multibillion-dollar deal for as many as 300 Boeing jets on Tuesday, burying the hatchet after an 18-month public feud where prices threatened one of aviation’s closest partnerships. Europe’s biggest low-cost carrier said it was placing a firm order for 150 of…
By Helen Reid BARCELONA (Reuters) – Amazon plans to open new warehouses and hire more people in Europe, an executive said on Tuesday, even as squeezed consumer spending forces the tech giant to cut costs globally and lay off some employees. Amazon has invested 142 billion euros ($156 billion)in Europe since 2010, and its growth…
By Mike Stone WASHINGTON (Reuters) – The United States announced on Tuesday a new $1.2 billion military aid package for Ukraine that will include air defense systems, ammunition and funds for training, the Pentagon said. Ukraine Security Assistance Initiative (USAI) funds will be used to purchase the weapons, allowing President Joe Biden’s administration to buy…
(Corrects typo in stock symbol in first paragraph) PARIS (Reuters) – French retailer Carrefour on Tuesday said it plans to open about 100 more stores in Israel between now and the end of 2024, having just opened 50 stores in the country. The 50 stores were opened under a franchise partnership Carrefour entered into in…
By Huw Jones LONDON (Reuters) – Banks, insurers and asset managers in the European Union would only be allowed to sell funds and other products across the bloc if they could prove to regulators they offer value for money, draft proposals seen by Reuters showed. The EU’s executive European Commission is due to publish legislative…
By Sergio Goncalves LISBON (Reuters) – Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual and Portuguese asset manager Atrium, has launched its first fund with a target size of up to 500 million euros ($550 million). Esteves said on Tuesday that, though focused on investing in Portugal, the fund…
By Andrius Sytas RIGA (Reuters) -In a Stalinist skyscraper which dominates the skyline of Latvia’s capital, dozens of elderly Russians wait to take a basic Latvian language test as a proof of loyalty to a country where they have lived for decades. Clutching red Russian passports, the participants, mostly women, read their notes for last…
By Andrew Osborn (Reuters) – The head of Russia’s Wagner mercenary force fighting in eastern Ukraine said on Tuesday he had been told he and his men would be regarded as traitors if they abandoned their positions in the city of Bakhmut. But Yevgeny Prigozhin said for the second time in a matter of days…
PARIS (Reuters) – Airbus delivered 54 airplanes in April, bringing its total for the year to 181, down 5% from the same period a year ago but enough to re-establish an industrial lead over U.S. rival Boeing, company data showed on Tuesday. The world’s largest planemaker also sold five planes in April, all of them…
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) -Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient demand for its high-end and affordable fragrances and cosmetics. The company also crushed estimates for quarterly earnings, as improving supplies of…
