• Exclusive: EU drafts plan to allow electric cars with combustion engine

    Brussels proposes an exception for electric fuel cars from 2035 Germany is still examining EU draft proposal Berlin sees the technological state as problematic Goal to make a decision by Thursday BERLIN/BRUSSELS, March 21 (Reuters) – The European Commission has drawn up a plan to allow the sale of new combustion engine cars after 2035 […]

  • The FAA approves the restart of Boeing 787 Dreamliner deliveries next week

    March 10 (Reuters) – The Federal Aviation Administration (FAA) on Friday approved Boeing to resume deliveries of its widebody 787 Dreamliner next week after the aircraft maker addressed the agency’s recent concerns. The agency halted 787 deliveries on Feb. 23 due to a data analysis error related to the jet’s forward thrust bulkhead, which Boeing […]

  • Japan’s new rocket fails after an engine problem, a blow to space ambitions

    Destruction signal sent to missile 14 minutes into flight Japan’s space agency is still hoping for a competing rocket Rocket to eventually supply the planned US space station on the moon TOKYO, March 7 (Reuters) – Japan’s new medium-lift rocket failed on its debut flight into space on Tuesday after the launcher’s second stage engine […]

  • Japan destroys new rocket in space after second stage engine failure

    TOKYO, March 7 (Reuters) – Japan said it had destroyed a new medium-lift rocket launched into space on Tuesday after the vehicle’s second stage engine failed to ignite, in a blow to its efforts to open access to expand into space and remain competitive in a launch market rocked by Elon Musk’s SpaceX. The 57-meter […]

  • Air Canada pilots complain of ’embarrassing’ pay gap with US after Delta deal

    MONTREAL, March 3 (Reuters) – Air Canada (AC.TO) pilots are pushing for higher wages ahead of new contract talks, following recent gains made by pilots at US airline Delta Air Lines (DAL.N), union representatives told Reuters. A contract between Delta and its pilots that went into effect Thursday provides a 34% pay increase over four […]

  • Adani Shares Surge After $1.87 Billion GQG Investment; more roadshows are planned

    SYDNEY/BENGALURU, March 3 (Reuters) – Adani shares rose Friday after a $1.87 billion investment in the group by GQG Partners Inc allayed concerns about the group’s ability to raise funding as the conglomerate plans more roadshows organized to boost investor confidence . The stock purchases by the US investment firm were the first major investment […]

  • Tesla vows to cut EV production costs in half, Musk keeps affordable car plan a secret

    SAN FRANCISCO, March 1 (Reuters) – Tesla Inc (TSLA.O) will cut assembly costs in half in future generations of cars, engineers told investors Wednesday, but Chief Executive Elon Musk did not reveal when it will debut the long-awaited affordable electric car . Shares fell more than 5% in after-hours trading following the company’s investor day […]

  • Wall Street is recovering modestly after last week’s sell-off

    US Treasury yields fall after rally Seagen peaks over Pfizer buyout report Union Pacific steps down as CEO to step down Dow 0.43% higher, S&P 500 0.58% higher, Nasdaq 0.94% higher NEW YORK, Feb. 27 (Reuters) – US stocks rose modestly on Monday as investors went on a bargain hunt after last week’s losses, the […]

  • Exclusive: Russia plans oil export cuts in March, sources say

    MOSCOW/LONDON, Feb. 22 (Reuters) – Russia plans to cut oil exports from its western ports by up to 25% in March from February, surpassing announced production cuts in a bid to drive prices for its oil increase, three sources in the Russian said the oil market. The Russian Ministry of Energy declined to comment. Russia’s […]

  • Strike at German airports of nearly 300,000 passengers

    BERLIN, Feb. 17 (Reuters) – A 24-hour strike at seven German airports, including Frankfurt and Munich, was expected to affect nearly 300,000 passengers on Friday as union workers pushed for higher wages and threatened a summer of “chaos” if their demands were not met. The strike coincided with the start of the Munich Security Conference, […]