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Airbus trials new wing designs in technology race with Boeing

Airbus trials new wing designs in technology race with Boeing

Jul 4, 2023 | Business, Economy, Environment, Europe, Science, Technology, UK, US

By Joanna Plucinska and Tim Hepher FILTON, England (Reuters) – Airbus is stepping up testing of radical new wing technology as the planemaker lays the foundation for a future successor to its best-selling A320 series, but faces a battle to bring down costs....
Stocks drift as investors balance peak rate hopes with oil price rise

Stocks drift as investors balance peak rate hopes with oil price rise

Jul 4, 2023 | Asia, Australia, Business, Economy, Europe, US

By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the inflationary force of rising oil prices with hopes that central banks would not over-tighten monetary policy into a potential recession....
What people are saying about China’s chipmaking export controls

What people are saying about China’s chipmaking export controls

Jul 4, 2023 | Asia, Business, Economy, Europe, Politics, Technology, US

(Reuters) -China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the United States and potentially causing more disruption to global supply chains. Here’s what people are saying about the measure: LUCY...
Credit Suisse investor group joins claim seeking better UBS takeover price

Credit Suisse investor group joins claim seeking better UBS takeover price

Jul 4, 2023 | Asia, Business, Economy, Europe, Politics, UK

By John Revill ZURICH (Reuters) -A Swiss proxy adviser representing some former Credit Suisse shareholders has backed a class-action lawsuit seeking a better price from UBS for its takeover of its cross-town rival, it said on Tuesday. Ethos Foundation, which...
US manufacturing slump deepens, factory gate price pressures subdued

US manufacturing slump deepens, factory gate price pressures subdued

Jul 3, 2023 | Business, Economy, US

By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing slumped further in June, reaching levels last seen when the nation was reeling from the initial wave of the COVID-19 pandemic, but price pressures at the factory gate continued to deflate, a silver...
Musk’s Twitter rate limits could undermine new CEO, ad experts say

Musk’s Twitter rate limits could undermine new CEO, ad experts say

Jul 3, 2023 | Business, Economy, Technology

By Jody Godoy (Reuters) -Elon Musk’s move to temporarily cap how many posts Twitter users can read on the social media site could undermine efforts by new CEO Linda Yaccarino to attract advertisers, marketing industry professionals said. Musk announced Saturday...
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