Spain, Morocco seek reset of testy relationship at Rabat summit

Spain, Morocco hold first summit in eight years Relations long strained by illegal migration issue Expected to sign up to 20 agreements on trade, investment RABAT, Feb 2 (Reuters) – Spain and Morocco have agreed to set aside their differences, Spanish Prime Minister Pedro Sanchez said on Thursday, as they seek to repair a relationship … Read more

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

Morning bid: Markets go all in for disinflation

SYDNEY, Feb 2 (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Push back? What push back? The main theme ahead of the Fed announcement was that Chair Jerome Powell would definitely, totally, absolutely push back against the recent rapid easing in market conditions given inflation was still … Read more

Europe’s luxury stocks have room to rise, but are becoming costly

LONDON, Jan 31 (Reuters) – Europe’s glittering luxury companies, the region’s top stock-market performers in 2023, may see yet more gains driven by a rebound in Chinese spending, but for some the sector is starting to look expensive. The likes of French luxury giant and Louis Vuitton-owner LVMH, and Swiss jewelry company Richemont (CFR.S), have … Read more

Morning Bid: Fasten your seatbelts – Reuters

Morning Bid: Fasten your seatbeltsReuters

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

Spanish police seize cocaine worth $114 million from cattle ship

MADRID, Jan 28 (Reuters) – Spanish police seized 4.5 tonnes of cocaine with an estimated street value of 105 million euros ($114 million) after raiding a cattle ship off the Canary Islands earlier this week, a statement said on Saturday. The ship had stopped at ports in about a dozen countries before Tuesday’s raid, and … Read more

Ukraine in talks with allies about getting long-range missiles, Zelenskiy aide says

Jan 28 (Reuters) – Expedited talks are under way among Kyiv and its allies about Ukraine’s requests for long-range missiles that it says are needed to prevent Russia from destroying Ukrainian cities, a top aide to President Volodymyr Zelenskiy said on Saturday. Ukraine has won promises of Western battle tanks and is seeking fighter jets … Read more

At least one dead, several injured in machete attack at southern Spain churches

Man wielding a machete attacks two churches in Spain Leaves at least one dead, several injured High Court investigating case as “terrorism” MADRID, Jan 25 (Reuters) – Spanish authorities said they were investigating what they called a possible “terrorist” incident after a machete-wielding man attacked several people at two churches in the southern port city … Read more