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Airbus CEO Says Farnborough Brings More Comfort on Engines
Date: July 20, 2022
By Tim Hepher (Reuters) -The head of the world’s largest planemaker, Europe’s Airbus, said on Wednesday he felt slightly more upbeat about delayed jet engine arrivals after talking to suppliers and said Airbus’ own jetliner delivery targets were “still feasible”. Guillaume Faury was talking to Reuters at the Farnborough Airshow where engine makers said they...

Uniper Rescue Plan Takes Shape, With Price Rises Possible
Date: July 20, 2022
By Christoph Steitz and Andreas Rinke FRANKFURT (Reuters) -The German government plans to take a 30% stake in Uniper and will allow the utility to pass on some energy costs to customers as part of a bailout package that sources told Reuters could be finalised this week. The government also plans to quadruple a credit...

False Positives: What Impact Do They Really Have?
Date: July 20, 2022
By Daniel Holmes, Fraud Prevention SME at Feedzai False positives are an inconvenience for both banks and their customers, as too many could mean incurring significant costs over longer periods of time. While it is impossible to eradicate false positives completely, banks must work to better understand them to address the growing issue. What is...

Factory Shutdown to Hit Barry Callebaut After 9-month Sales Rise
Date: July 20, 2022
By Silke Koltrowitz ZURICH (Reuters) -Barry Callebaut expects a “notable financial impact” in its fourth quarter from the shutdown of its Wieze factory as the world’s biggest chocolate maker said on Wednesday that strong demand boosted sales in the nine months to May. Sales volumes grew 7.9% to 1,751 thousand tonnes in the first nine...

Why Every Financial Services Firm Needs a Data Modernisation Roadmap
Date: July 20, 2022
By Henry Tam, Senior Solutions Marketing Manager, Redis The Financial Services (FS) industry has seen rapid changes in recent years, with new customer behaviour driving wholesale changes to operations at all levels. Local physical branches are slowly being phased out, with mobile banking becoming the preferred choice for individuals––especially younger consumers––and transactions are now expected...

Semiconductor Equipment Maker Asml Profit Rises on Record Bookings
Date: July 20, 2022
AMSTERDAM (Reuters) -ASML Holding NV reported higher second-quarter net profit on Wednesday amid record new bookings as it kept shipping equipment to clients as fast as possible even though there were some indications of a slowdown in consumer markets. The Dutch company, a key supplier to computer chip makers, reported net profit of 1.41 billion...
