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...“Linking our carbon pricing regime with the EU’s would exempt UK companies from these costs,” said Adam Berman, deputy director of industry body Energy UK....
...P&W owner RTX has warned that the additional inspections and potential replacements of engines is creating more work for the company’s maintenance, repair and overhaul network, which is under strain because...
...If you stop making steel in the UK, why should the remaining manufacturers stay in the UK,” Adam added....
Carrier says production problems have held up negotiations as it announces deal with Airbus
Deal is welcomed by jet engine maker Rolls-Royce and is a boost for Istanbul as an international aviation hub
...S&P Global upgraded it to BB+ in December. Some analysts believe a further shift higher could happen relatively soon, which could pave the way for the company to start paying a dividend again....
...P&W remains the most obvious partner, according to analysts....
...That euphoria has yet to be duplicated, though the IPOs in 2020 saw an average of 50 per cent first-day returns relative to the S&P 500....
...The US aerospace and defence group, formerly known as Raytheon, said P&W will recall 600-700 engines from 2023 to 2026, leading to the grounding of an average 350 aircraft a year....
...Additional reporting by Sylvia Pfeifer in London and Stephen Morris in San Francisco...
...P&W’s current manufacturing issues add to ongoing durability issues that have dogged its GTF engine....
...Both S&P Global Ratings and Fitch Ratings increased their outlook on Turkey’s credit rating to “stable” in September as a result of the new economic policy, although it remains well within junk territory...
...“It will be a lot of work for P&W . . . There might be indirect consequences,” he said....
...Sylvia Pfeifer in London Energy Trend to watch The Opec+ oil cartel has spent the year cutting production in an increasingly fraught attempt to boost prices....
...Over the past 30, 20, 10 and five years, the Sensex has performed as well or better than the S&P 500, leaving other big markets far behind: India’s growth story is built on its remarkable increase in total...
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...We’re pleased to team up, for the second time, with Adam Tooze of Columbia University. This letter will appear in both Unhedged and Adam’s Chartbook newsletter (you should subscribe!)...
...Adam Goldstein, chief executive of Archer Aviation, said in an interview that certification guidance published by the European Union Aviation Safety Agency would make it “extremely hard” to bring the new...
...Just ask the ghost of Adam Smith. gillian.tett@ft.com...
...Bosses across the S&P 500 and FTSE 350 stayed an average of 7.6 years in role in 2022, compared to 9.2 years in 2018....
...Adam Riddle has been appointed the new head of its defence business, as well as chair and chief executive of Rolls-Royce North America....
...The company also appointed Rob Watson as head of its important civil aerospace business with immediate effect, while Adam Riddle becomes the new head of its defence business, and chair and chief executive...
...New York mayor Eric Adams said the police had made 108 arrests. Columbia also suspended students who had occupied part of its main campus for more than 30 hours....
...In comparison, the forward price-to-earnings ratio for MSCI’s broad emerging markets index is about 12, while it is 19 for Wall Street’s S&P 500....
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