By Tim Hepher PARIS (Reuters) – Airbus has appointed a senior internal supply chain executive to run its Canadian operation, with responsibility for trimming losses on the A220 jetliner series, in the latest in a series of...
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Regulators review derivatives margin rules after Archegos meltdown
By Huw Jones LONDON (Reuters) -The meltdown at Archegos Capital Management that triggered big losses at several banks highlighted the need to review rules on posting margin or cash against derivatives trades, the head of a global markets...
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BP says it will stick with top U.S. oil lobby after climate shift
By Ron Bousso LONDON (Reuters) – BP said on Monday it will remain a member of the American Petroleum Institute (API) after the largest U.S. oil and gas trade lobby group addressed some differences with the British energy company...
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AstraZeneca plan to beef up CEO Soriot’s pay packet faces scrutiny at AGM
LONDON (Reuters) – A number of investor advisory groups have called on AstraZeneca shareholders to oppose plans to increase Chief Executive Pascal Soriot’s pay package when the COVID-19 vaccine maker holds its annual meeting...
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Rolls-Royce relaunches sale of Norway-based Bergen – source
LONDON (Reuters) – British engineering company Rolls-Royce has put its Norwegian maritime engine unit Bergen back on the block, less than two months after Norway blocked a previous deal for it to be bought by a Russian company....
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Pandemic surge in European house prices raises fears of new bubble
By Simon Johnson and Michael Nienaber BERLIN/STOCKHOLM (Reuters) – If Sweden’s government gets its way, Bromma airport on the western edge of Stockholm will shut down and be used to build around 30,000 new homes, helping to...
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