Germany, US allay civilian air traffic disruption fears ahead of massive drill

BERLIN (Reuters) – The largest air deployment exercise in NATO’s history, involving 25 nations and 250 aircraft in June, will only cause minor disruptions to civilian air traffic in Europe, Germany and the U.S. said on Wednesday. “We anticipate minimal interruptions in the flow of civilian airlines,” Michael Loh, director of the U.S. Air National…

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Christie takes aim at ‘self-serving’ Trump as he launches White House bid

By Joseph Ax and Eric Beech (Reuters) -Former New Jersey Governor Chris Christie on Tuesday launched his 2024 presidential campaign with a withering attack on the Republican front-runner, Donald Trump, calling him a “self-serving mirror hog” and faulting other rivals for avoiding direct confrontation. Christie, 60, was an adviser to Trump’s successful 2016 White House…

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Aramco, ENI, United Airlines invest in UK-based low-carbon fuel venture

NEW YORK (Reuters) – The venture units of oil firms Saudi Aramco and Italy’s ENI have joined the world’s largest passenger carrier United Airlines to invest in British start-up OXCCU’s efforts to slash the prohibitively high cost of lower-carbon aviation fuel, the companies said on Wednesday. Aviation produces around 2% of the world’s planet-warming emissions…

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Japan regulator exploring ways to bolster leveraged buyout financing

By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Japan’s financial regulator is exploring ways to bolster financing for leveraged buyouts (LBOs) and is in discussions with big banks and other institutions about how to bring more participants into the market, regulatory officials said. As more corporations step up sales of non-core assets or seek…

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Realtek sues semiconductor rival MediaTek over patent ‘bounty’ agreement

By Blake Brittain (Reuters) -Realtek Semiconductor Corp sued rival Taiwanese chipmaker MediaTek Inc in Northern California federal court on Tuesday, claiming MediaTek paid a company that sues over patents a “secret litigation bounty” to file meritless lawsuits in the United States to disrupt its business. The lawsuit accuses MediaTek of conspiring with IPValue Management Inc…

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Fall business travel international flight bookings near 2019 levels -ForwardKeys

By Allison Lampert and Doyinsola Oladipo (Reuters) – Flight bookings for international business travel this fall are nearing 2019 levels, in a sign of recovery, according to a travel data firm, but climate concerns and economic clouds could mute demand for work-related trips. Business travel has generally lagged leisure trips in airlines’ recovery from COVID-19….

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US VP Harris says Israel needs ‘independent judiciary’

By Trevor Hunnicutt and Matt Spetalnick WASHINGTON (Reuters) -U.S. Vice President Kamala Harris said on Tuesday that Israel’s democracy requires “an independent judiciary,” wading into the controversy over Prime Minister Benjamin Netanyahu’s proposed judicial overhaul that has drawn mass protests in Israel. “America will continue to stand for the values that have been the bedrock…

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