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Boeing starts to tick off its pre-flight checklist

BREAKINGVIEWS-Boeing starts to tick off its pre-flight checklist The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, Oct 21 (Reuters Breakingviews) - “It is hard to overstate the challenges we face,” Boeing’s BA.N boss Kelly Ortberg said earlier this month. Indeed, since 2018 the 737 jet maker has pled guilty to fraud, seen its stock sink 50%, fallen further behind rival Airbus AIR.PA , failed to retrieve astronauts stuck in space
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Brazilian planemaker Embraer up after 33% rise in Q3 deliveries

BUZZ-Brazilian planemaker Embraer up after 33% rise in Q3 deliveries ** Planemaker Embraer EMBR3.SA leads gains on Brazil's benchmark stock index after publishing its delivery and backlog report for the third quarter ** Sao Paulo-traded shares of the company are up more than 3.5%, making it the top gainer on the Bovespa index .BVSP , which slips 0.
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Emirates buys five Boeing 777F, weighs further freighter orders

Emirates buys five Boeing 777F, weighs further freighter orders Oct 21 (Reuters) - Dubai's Emirates has ordered five Boeing 777F freighters and will make a decision this year on a purchase of further Boeing BA.N or Airbus AIR.PA models for its fleet beyond 2028/29, the airline said on Monday. The announcement confirms a Reuters report last week that Emirates had ordered current-generation 777F freighters in September, part of a batch of new orders for 11 777F freighters disclosed by Boeing witho
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Germany says Britain taking lead on possible Eurofighters for Turkey

UPDATE 2-Germany says Britain taking lead on possible Eurofighters for Turkey Adds British government spokesperson in paragraphs 4,5 ISTANBUL, Oct 19 (Reuters) - German Chancellor Olaf Scholz said on Saturday that a project to possibly supply Turkey with Eurofighter jets was an effort being driven by Britain and was in the early stages. "It is something that will continue to develop, but is now being driven forward from there (Britain)," he said when asked about potential movement on the issue a
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Spirit Airlines debt refinancing deadline extended to December

Spirit Airlines debt refinancing deadline extended to December By Rajesh Kumar Singh CHICAGO, Oct 18 (Reuters) - Spirit Airlines SAVE.N said on Friday it has reached an agreement with its credit card processor to extend a debt refinancing deadline by two months until Dec. 23. The extension agreement with U.S. Bank National Association provides some breathing room to Spirit to refinance its $1.1 billion loyalty bonds due to mature next year.
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US FAA opens new oversight review into Boeing safety practices

UPDATE 2-US FAA opens new oversight review into Boeing safety practices Adds Boeing statement in paragraph 4 FAA review to probe risk assessment, resource allocation, regulatory adherence Transportation Department's Inspector General criticized FAA's Boeing oversight FAA audit found 97 noncompliance incidents in Boeing's processes By David Shepardson WASHINGTON, Oct 18 (Reuters) - The Federal Aviation Administration said on Friday it will open a new safety review into Boeing BA.N as the agency c
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European space chief says Europe must be able to compete globally

European space chief says Europe must be able to compete globally Europe needs to 'raise its ambitions' in space, ESA head says Airbus and Thales exploring tie-up for space activities European firms face tougher competition from Starlink By Tim Hepher Oct 18 (Reuters) - The head of the European Space Agency (ESA) has said the region's space industry needs the muscle to compete globally, warning Europe risks falling behind in the new space race.
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FAA says new Boeing safety review will take about three months

FAA says new Boeing safety review will take about three months WASHINGTON, Oct 18 (Reuters) - A new Federal Aviation Administration review of Boeing's safety processes will take about three months, the agency said in a statement on Friday. "This review is part of our aggressive oversight to ensure Boeing has the right tools to sustain lasting changes to its safety culture," it said.
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Airbus, Kansai Airports, Kawasaki Sign MoU To Study Feasibility Of Hydrogen Infrastructure

BRIEF-Airbus, Kansai Airports, Kawasaki Sign MoU To Study Feasibility Of Hydrogen Infrastructure Oct 18 (Reuters) - Airbus SE AIR.PA : AIRBUS, KANSAI AIRPORTS, KAWASAKI HEAVY INDUSTRIES SIGN MOU TO STUDY FEASIBILITY OF HYDROGEN INFRASTRUCTURE FEASIBILITY STUDY REGARDS THREE AIRPORTS OPERATED IN KANSAI REGION Source text: https://tinyurl.com/5dcj6wx
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Adidas, Bellway, Nestle

EUROPE RESEARCH ROUNDUP- Adidas, Bellway, Nestle Oct 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas, Bellway, and Nestle, on Friday. HIGHLIGHTS * Adidas AG ADSGn.DE : Baader Helvea raises to add from reduce * Bellway Plc BWY.L : Peel Hunt cuts to hold from add * Danone DANO.PA : Morgan Stanley cuts to equal weight from overweight * Greencore GNC.L : Deutsche Bank raises to hold from sell * Nestle SA NESN.S : Jefferies cut
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Turkey working to accelerate Eurofighter jets buy, official says

Turkey working to accelerate Eurofighter jets buy, official says ANKARA, Oct 17 (Reuters) - Turkey has been conducting technical works aimed at accelerating its planned purchase of Eurofighter Typhoon fighter jets, a defence ministry official said on Thursday. Ankara said last year it was in talks with Eurofighter consortium members Britain and Spain to buy Typhoons, though Germany objected the idea.
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European shares close higher after ECB lowers interest rates

UPDATE 3-European shares close higher after ECB lowers interest rates For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Nordea carries banks up 1% Sartorius tops STOXX 600 after Q3 results Germany's DAX closes at a record high STOXX 600 up 0.8% Updated at 1600 GMT By Ankika Biswas, Paolo Laudani and Johann M Cherian Oct 17 (Reuters) - European stocks closed less than 1% away from record high levels on Thursday after the European Central B
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Airbus, UniCredit, Yara, and updates UPM; changes cut-off period to the start of July Oct 17 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of July: BANKS * DNB DNB.OL : The Norwegian lender said in September it would cut the equivalent of 500 full-time jobs over the next six months, as
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Etihad In Early Talks With Boeing, Airbus For Widebody Aircraft - Bloomberg News

BRIEF-Etihad In Early Talks With Boeing, Airbus For Widebody Aircraft - Bloomberg News Oct 17 (Reuters) - ETIHAD IN EARLY TALKS WITH BOEING, AIRBUS FOR WIDEBODY AIRCRAFT - BLOOMBERG NEWS ETIHAD WILL MOST LIKELY CHOOSE BETWEEN THE AIRBUS 350 AND BOEING 777X - BLOOMBERG NEWS Source text : https://tinyurl.com/2ykeha4z
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Ashmore, Biomerieux, Diasorin

EUROPE RESEARCH ROUNDUP-Ashmore, Biomerieux, Diasorin Oct 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Ashmore, Biomerieux and Diasorin, on Thursday. HIGHLIGHTS * Ashmore ASHM.L : JP Morgan raises target price to 161p from 155p * Biomerieux BIOX.PA : HSBC raises target price to EUR 126 from EUR 120 * Diasorin DIAS.MI : HSBC cuts to hold from buy * Givaudan SA GIVN.S : Citigroup cuts target price to CHF 4650 from CHF 4750 * Oxf
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Financial Times - Oct 17

PRESS DIGEST- Financial Times - Oct 17 Oct 17 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - BHP chief sparks fresh Anglo bid speculation after South Africa trip - Airbus to cut up to 2,500 jobs at defence and space unit - London Underground workers to strike over pay - UK considering sanctions against far-right Israeli ministers Overview - BHP BHP.AX CEO Mike Henry met government off
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Ryanair to cut traffic estimate for next year due to plane delivery delays

EXCLUSIVE-Ryanair to cut traffic estimate for next year due to plane delivery delays Does not expect to get all 30 planes due from Boeing by June Says capacity constraints worst for at least 30 years Adds United Airlines CEO comments in paragraphs 13-15 By Julia Payne and Joanna Plucinska BRUSSELS, Oct 16 (Reuters) - Ryanair RYA.I will have to revise down its passenger traffic estimates for next year because of expected aircraft delivery delays from Boeing BA.N , the budget airline's group CEO M
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Airbus says assessing financial impact of job cuts

Airbus says assessing financial impact of job cuts PARIS, Oct 16 (Reuters) - Airbus AIR.PA is holding off taking a charge for 2,500 newly announced job cuts in its Defence and Space unit as it assesses their financial impact, the company told analysts on Wednesday. "We are currently in the early-stage assessment of the potential financial impact and a restructuring provision is expected to be recognised once necessary conditions are fulfilled," investor relations head Helene Le Gorgeu said in a
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Emirates orders more Boeing 777F freighters, sources say

UPDATE 1-Emirates orders more Boeing 777F freighters, sources say Adds details By Tim Hepher PARIS, Oct 16 (Reuters) - Dubai's Emirates, one of the world's largest cargo carriers, is expanding its fleet of Boeing 777F freighters as it plans for a sharp increase in cargo trade, industry sources said. The order for more of the current-generation freighters emerged amid tensions between Emirates and Boeing over separate delays, but pre-dated Boeing's announcement on Friday that its future 777X jetl
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United Airlines Exec Says Seeing Improving Domestic And Near Latin America Pricing And Yield Environment

BRIEF-United Airlines Exec Says Seeing Improving Domestic And Near Latin America Pricing And Yield Environment Oct 16 (Reuters) - United Airlines Holdings Inc UAL.O : UNITED AIRLINES EXEC SAYS SEEING IMPROVING DOMESTIC AND NEAR LATIN AMERICA PRICING AND YIELD ENVIRONMENT UNITED AIRLINES EXEC SAYS ACCELERATION IN CORPORATE DEMAND IS EXPECTED TO CONT
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