DUBLIN (Reuters) – The head of the world’s largest aircraft leasing company threw his weight behind Boeing on Monday and said the jetmaker would overcome a spate of industrial and certification problems. “I think Boeing will bounce back,” AerCap Chief …
Bitcoin falls to 10-month low as stock markets tumble
By Alun John and Elizabeth Howcroft HONG KONG / LONDON (Reuters) – Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier asse…
Spain, Portugal to approve gas price cap on Tuesday, PM Costa says
LISBON (Reuters) -The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday….
UK Labour’s Starmer to offer to resign if fined for COVID rule breach – Sky News
LONDON (Reuters) -Britain’s opposition Labour Party leader Keir Starmer will offer to resign if he is found by police to have broken COVID rules at a gathering last year, Sky News reported on Monday without citing sources. Starmer is due to make a stat…
Bruised pound nurses losses at two-year low with outlook bearish
By Dhara Ranasinghe LONDON (Reuters) -Britain’s battered pound fell to its lowest level since June 2020 against the dollar for a third straight day on Monday as analysts turned increasingly bearish on the outlook for the currency after a policy meeting…
German 10-year yield edges lower after hitting highest since 2014
By Stefano Rebaudo (Reuters) – Germany’s 10-year bond yield edged lower after hitting a near eight-year high on Monday, while Italy’s risk premium rose amid rising expectations of future euro zone rate hikes after recent comments from European Central …
London stocks slide as China growth concerns dent global risk appetite
By Bansari Mayur Kamdar (Reuters) – UK shares tracked Asian and European markets lower on Monday, as tightening lockdowns in China added to investors’ concerns about a recession amid the Bank of England’s dour economic outlook last week. The commodity-…
Exclusive-Hyundai plans U.S. EV plant, in talks with Georgia – sources
By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -Hyundai Motor Co plans to build a new electric-vehicle manufacturing plant in the United States and has held discussions with officials in Georgia, near existing plants for the Hyundai and Kia b…
N.Ireland faces long political stalemate under Brexit shadow
By Amanda Ferguson and Paul Sandle BELFAST/LONDON (Reuters) -Northern Ireland’s Democratic Unioinist Party (DUP) refused on Monday to form a new power-sharing administration until post-Brexit trading rules are overhauled, rebuffing calls from London an…
ConocoPhillips plans $1.1 billion investment as Norway oil sector heats up
By Nora Buli and Nerijus Adomaitis SANDEFJORD, Norway (Reuters) -ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the first of an expected rush of new pe…