Airbus and Qatar Airways settle bitter A350 jet row

PARIS, Feb 1 (Reuters) – Airbus ( AIR.PA ) and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market. The “amicable and mutually agreeable settlement” ends a $2 … Read more

Biden moves to slash US credit card fees, app charges

WASHINGTON, Feb 1 (Reuters) – The White House on Wednesday unveiled fresh efforts to slash credit card late fees and drive down the prices that Apple Inc (AAPL.O) and Google parent Alphabet Inc (GOOGL.O) charge on mobile app stores . The move is part of a larger policy drive to promote competition in consumer markets, … Read more

France hit by new wave of strikes against Macron’s pension reform

Reform would raise the retirement age to 64 Schools, transport networks, refinery deliveries hit Macron: Reform vital to ensure viability of pension system SAINT-NAZAIRE, France, Jan 31 (Reuters) – Striking workers disrupted French refinery deliveries, public transport and schools on Tuesday in a second day of nationwide protests over President Emmanuel Macron’s plan to make … Read more

Boeing’s 747, the original jumbo jet, prepares for final send-off

Final 747 freighter to be delivered to Atlas Air Ends more than five decades of commercial output Nearly bankrupt Boeing, before becoming a cash cow Easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – Boeing’s (BA.N) 747, the original and arguably most aesthetic “Jumbo Jet”, revolutionized air travel only to … Read more

New Zealand devastated by flash floods, landslides for third day

Jan 29 (Reuters) – New Zealand’s death toll from heavy rain rose to four on Sunday as flash floods and landslides on the north island continued for a third day. Battered since Friday, Auckland, New Zealand’s largest city, remained under a state of emergency. The nation’s weather forecaster, MetService, warned of more severe weather on … Read more

UK regional airline Flybe ceases trading, cancels all flights

Collapses for the second time in three years 276 workers made redundant by administrators About 75,000 customers had future bookings Hurt by delayed delivery of aircraft Rivals seeing rebounding demand LONDON, Jan 28 (Reuters) – British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights canceled and … Read more

Heavy snow causes havoc in Japan as cold snap sweeps through Asia

TOKYO, Jan 25 (Reuters) – Heavy snow blanketed wide swathes of Japan on Wednesday, snarling traffic, forcing hundreds of flight cancellations, disrupting train travel and leaving at least one person dead. An unusually cold weather front and extreme low pressure systems saw snow falling and strong winds blowing across Japan from Tuesday after causing havoc … Read more

Europe Inc earnings offer market optimists more hope

LONDON, Jan 25 (Reuters) – Earnings from major European companies on Wednesday offered some reasons for optimism about the region’s corporate health, even as investors worry about the slowing global economy. Fourth-quarter earnings from ASML Holding NV (ASML.AS) exceeded expectations and the Dutch technology company, Europe’s largest, forecast a rise of more than 25% in … Read more

French strike nationwide to say ‘no’ to Macron’s pension reform

Government wants to raise retirement age by two years to 64 Railways, schools and refineries among those hit by strike Macron’s reformist credentials to stake in dispute Polls show widespread opposition to pension reform NICE/TOURS, Jan 19 (Reuters) – French workers went on strike and joined marches across the country on Thursday, halting trains and … Read more

French union threatens to cut electricity to MPs, billionaires amid nationwide strike

PARIS, Jan 18 (Reuters) – France’s hardline CGT union has threatened to cut off electricity supplies to lawmakers and billionaires before a nationwide strike on Thursday, in an increasingly acrimonious showdown over the government’s plan to raise the retirement age. The proposed bill, announced last week, would see the retirement age pushed to 64 from … Read more