PXP

Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus (AIR.PA) and Qatar’s national carrier. From a distance, the planes might seem like any other long-haul jetliners crowding …

Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute Read More »

Russia pounds eastern Ukraine, Putin to mark WWII anniversary

Russia pounds eastern Ukraine, Putin to mark WWII anniversary

Luhansk region the toughest place, says Ukraine president Russia has artillery edge as Ukraine pleads for heavy weapons Putin to mark day in 1941 when Hitler invaded Soviet Union June 22 (Reuters) – Ukrainian and Russian forces were entrenched in eastern Ukrainian battlegrounds on Wednesday, a day of commemoration in both countries to mark the …

Russia pounds eastern Ukraine, Putin to mark WWII anniversary Read More »

Germany risks recession as Russian gas crisis deepens

Germany risks recession as Russian gas crisis deepens

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register More Europeans activate first stage of gas crisis plans Surging gas price adds to policymakers’ inflation headache Slowing flows hinder efforts to refill …

Germany risks recession as Russian gas crisis deepens Read More »

Crypto's latest meltdown leaves punters bruised and bewildered

Crypto’s latest meltdown leaves punters bruised and bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius, said Fong, a 29-year civil aerospace worker who …

Crypto’s latest meltdown leaves punters bruised and bewildered Read More »

Port of Odesa comes under missile attack as Russians advance in eastern Ukraine

Port of Odesa comes under missile attack as Russians advance in eastern Ukraine

European Union to decide on Ukraine membership bid Zelenskiy says battle for Donbas to intensify Separatists claim capture of Toshkivka Russian missiles hit warehouse in Odesa port KYIV, June 20 (Reuters) – Russian forces captured territory along a frontline river in eastern Ukraine on Monday and President Volodymyr Zelenskiy predicted Moscow would escalate attacks ahead …

Port of Odesa comes under missile attack as Russians advance in eastern Ukraine Read More »

Europe may shift back to coal as Russia turns down gas flows

Europe may shift back to coal as Russia turns down gas flows

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register Germany may take ‘painful’ move to fire up coal power Italy, Austria also looking at burning more coal Surging gas prices add to …

Europe may shift back to coal as Russia turns down gas flows Read More »

France votes, with Macron facing tough battle for control of parliament

France votes, with Macron facing tough battle for control of parliament

Projections from voting expected at 1800 GMT Macron needs 289 seats for absolute majority in parliament Pollsters say he may fall short as smaller parties make gains One minister already eliminated in overseas vote PARIS, June 19 (Reuters) – Voting was underway in France on Sunday in a parliamentary election that could deprive newly re-elected …

France votes, with Macron facing tough battle for control of parliament Read More »

Fed's Waller backs another big rate hike for 'all in' inflation fight

Fed’s Waller backs another big rate hike for ‘all in’ inflation fight

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, DC, US, June 14, 2022. REUTERS/Sarah Silbiger Register now for FREE unlimited access to Reuters.com Register June 18 (Reuters) – Federal Reserve Governor Christopher Waller on Saturday became the latest US central banker to pledge a whatever-it-takes approach to fighting …

Fed’s Waller backs another big rate hike for ‘all in’ inflation fight Read More »

Bitcoin sinks to fresh 18-month low as crypto meltdown deepens

Bitcoin sinks to fresh 18-month low as crypto meltdown deepens

LONDON/NEW YORK, June 15 (Reuters) – Bitcoin slumped on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals. The world’s largest cryptocurrency fell as much as 7.8% to $20,079.72 , its lowest since December 2020. It has …

Bitcoin sinks to fresh 18-month low as crypto meltdown deepens Read More »