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...The EU’s probe into web apps would come after the March 6 deadline for companies to comply with the terms of the DMA, landmark legislation designed to tackle the power of Big Tech groups....
...Pratt & Whitney makes the engines that power planes through turbulence. Such engineering prowess is little help to the US engine maker as it contends with tumult of its own....
...The only effective sanctions are for the original equipment manufacturers or OEMs (Boeing, Airbus, Rolls-Royce, Pratt & Whitney and GE) to stop issuing updates to the flight and maintenance manuals....
...Turkey’s F-16 purchases will largely be fulfilled by Lockheed Martin, while Lockheed and Pratt & Whitney will be the main contractors on the Greek F-35 deal....
...Outages related to Pratt & Whitney engines on the popular Airbus narrow-body jets have affected rival Wizz Air....
...The company makes components for Pratt & Whitney’s geared turbofan engines, which power Airbus aircraft and some of which have been recalled for early reinspection....
...The company’s defence business builds engines for submarines and fighter jets, while its power systems business makes diesel and gas engines for ships and for power generation....
...Problems with the geared turbofan engines made by US engine maker Pratt & Whitney that power some of the A320neos could yet hamper Airbus’s plans to increase the output of its jets over the next two years...
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Faury said the company was still sticking to its plan to produce 75 of its A320 narrow-body aircraft in 2026 despite challenges with enginemaker Pratt & Whitney....
...RTX shares notched a historic drop after the US aerospace and defence group reported issues related to an estimated 1,200 of its Pratt & Whitney engines fitted to Airbus commercial jets....
...Pratt & Whitney’s latest-generation GTF engine powers the Airbus A220s as well as some A320-neo family jets, although they have had some durability issues in particular in hot and dusty climates....
...The commission said it was investigating under the Digital Markets Act, a new law aimed at curbing the power of the biggest online platforms....
...Around the world, more attempts are being made to put limits on tech company power. Slowly, Apple’s closed ecosystem is being chipped away....
...to use only its own payment system to keep them locked into its ecosystem, the US alleged....
...Citing his trips to 17 countries last year, Fink wrote global politicians and businesspeople increasingly planned to invest in both oil and gas for energy security and green power for the energy transition...
...The company left that segment more than a decade ago when it pulled out of a joint venture with Pratt & Whitney of the US....
...Let’s put aside the fact that Google’s Android mobile operating system controls 70 per cent of the market worldwide (and 40 per cent in the US)....
...Remember a critical principle here, which is that market power attaches to products, not firms. We can speak of Microsoft as having market power in its Windows operating system....
...Whitney Fogelberg has joined C Street Advisory, a communications and strategic advisory group that specialises in distressed company and debtor representations....
...Airbus is working with enginemaker Pratt & Whitney on problems affecting its latest-generation GTF engine which powers some of its A320neo family of jets....
...Raytheon is one of America’s top five “prime” contractors with the Pentagon, with operations including its defence and missile businesses, and engine maker Pratt & Whitney....
...Among them were Canadian pension fund Ontario Municipal Employees Retirement System, as well as the Abu Dhabi and Chinese sovereign wealth funds....
...“There is a tonne of capital that needs to be put into the system and stakeholders need to decide how that will work....
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