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Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
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AstraZeneca planning China business spin off -FT
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ECB risks losing sight of ‘greedflation’ with laser-focus on wages
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Oil slides more than $1 on China growth uncertainties
Dollar drifts as traders weigh rate path; yen fragile
Date: June 19, 2023
Dollar drifts as traders weigh rate path; yen fragile By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after a raft of central bank meetings last week, while the yen was fragile in the wake of the Bank of Japan sticking...
JLR taps Everstream Analytics’ AI to dodge supply chain problems
Date: June 19, 2023
JLR taps Everstream Analytics’ AI to dodge supply chain problems By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstream Analytics, which will embed artificial intelligence into the British luxury carmaker’s system to help avert future global supply issues. The new AI technology,...
British supermarket Morrisons cuts prices of nearly 50 products
Date: June 19, 2023
British supermarket Morrisons cuts prices of nearly 50 products LONDON (Reuters) – British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over 25%, in another sign that a surge in inflation might be set to abate. Prime Minister Rishi Sunak’s key economic pledge to halve inflation...
France’s Macron vows to boost sustainable aviation fuel production
Date: June 16, 2023
France’s Macron vows to boost sustainable aviation fuel production PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to boost the production of sustainable aviation fuels (SAF) as part of measures to make the French and the European aviation industry greener, President Emmanuel Macron said on Friday. “The French must be the champions...
Self-driving truck company Einride expands into Norway
Date: June 16, 2023
COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emissions in Norway by 2,100 tonnes over the coming three years as it partners up with Scandinavia’s leading postal service, PostNord, the company said on Wednesday. Norway has the world’s highest number of electric vehicles per head of population and aims for...
Euro zone May inflation confirmed at 6.1% yr/yr, core eases
Date: June 16, 2023
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confirmed on Friday, with the core price growth measure, watched closely by the central bank, also slowing. Eurostat confirmed its earlier estimates that consumer in the 20 countries did not change at all month-on-month in May resulting in a...