Business

RTX engine issue to hit profit by up to $3.5 bn

NEW YORK, Sept 11, 2023 (AFP) - RTX, parent company of aerospace manufacturer Pratt & Whitney, said Monday that its…

Countries block Swedish pork over swine fever outbreak

STOCKHOLM, Sept 11, 2023 (AFP) - Several countries have blocked imports of Swedish pork after a recent outbreak of African…

BMW to make ‘multi-million’ pound investment in UK plants: govt

German car giant BMW is to make a multi-million pound investment in its Mini plants in the UK, the government…

Toyota blames shutdown on ‘insuffient disk space’

Car giant Toyota on Wednesday blamed a shutdown of all its factories in Japan last month on a system malfunction…

Stocks drift higher while oil prices jump

LONDON, Sept 5, 2023 (AFP) - European stocks drifted slightly higher but dipped slightly in the US Tuesday after investors…

URGENT: Brent oil jumps above $90 for first time since November

The price of Brent oil rose above $90 per barrel for the first time since November on Tuesday as Saudi…

Airlines hunting for suspected fake engine parts

PARIS, Sept 4, 2023 (AFP) - Aircraft engine manufacturer CFM, a joint venture between GE and Safran, has alerted its…

US GDP growth in second quarter revised down to 2.1%

WASHINGTON, Aug 30, 2023 (AFP) - Economic growth in the United States was weaker than first estimated for the April…

Airlines count cost of UK traffic control failure

LONDON, Aug 30, 2023 (AFP) - The worst disruption to UK air traffic control in almost a decade following a…

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