Western Europe








Transport Infrastructure

Passenger Transportation Services

Passenger Transportation Services

Charleroi airport flights cancelled for second day due to strike

All flights to and from Belgium's Charleroi airport, a major center for budget airline company Ryanair, were cancelled on Friday for a second day as the airport's employees continued to strike. A joint union strike has been announced at Charleroi airport. All flights set up for this Friday are cancelled, Charleroi Airport said in a statement, advising guests to not go to the airport but to contact their airline. According to its website a minimum of 87 flights were meant to depart from the airport on Friday and 6 of those would depart from Brussels Airport instead, about 70 km...

Passenger Transportation Services

Boeing strike the current obstacle for struggling planemaker

Boeing's U.S. West Coast factory workers will stroll off the job after 96% voted on Thursday in favor of a strike, halting production of the planemaker's strongestselling jet as it wrestles with persistent output hold-ups and mounting debt. Here is a timeline of concerns surrounding Boeing: OCTOBER 2018: A Lion Air MAX aircraft crashes in Indonesia, eliminating all 189 individuals on board. NOVEMBER 2018: The FAA and Boeing say they are assessing the need for software application or style modifications to 737 MAX jets following the Lion Air crash. MARCH 2019: An Ethiopian Airlines MAX crashes, killing all 157 people...

Passenger Transportation Services

Financial Times - Sept. 13

The following are the leading stories in the Financial Times. Reuters has not confirmed these stories and does not vouch for their precision. Headlines - US and UK to discuss enabling Ukraine to utilize long-range rockets versus Russia - EU rejects Chinese EV makers' bid to avoid significant tariffs - EasyJet requires UK air traffic chief's sacking over ' continuous failure' to take on disruption - Starmer to prohibit television junk food advertisements after 9pm in public health drive Introduction - U.S. President Joe Biden will hold talks with British Prime Minister Sir Keir Starmer on Friday about whether to...

Passenger Transportation Services

Air-taxi maker Vertical completes phase one screening of prototype

UKbased Vertical Aerospace has actually finished the first phase of piloted screening of a prototype of its airtaxi, VX4, it said on Thursday, sending the business's. shares up 3.9% in U.S. premarket trading. The VX4 has 1,500 pre-orders worth $6 billion from companies. consisting of Virgin Atlantic, American Airlines and Japan Airlines. The stage one screening consisted of multiple piloted tethered. flights and ground runs. It finished 70 private test points. to confirm its security in the real-world flight situations. The company is now getting ready for stage 2 screening, which. will involve taking-off and landing vertically, as well as....

Passenger Transportation Services

Ryanair sees fares down 5-9% in July-September quarter

Ryanair expects average fares to fall between 5% and 9% year on year in the three months to the end of September, but reservations have strengthened in current weeks, group president Michael O'Leary said on Thursday. In July, O'Leary stated fares might fall by over 10% throughout the period, the 2nd quarter of Ryanair's financial year, however in August he stated the fall was likely to be closer to 5%. It's prematurely to state where it will finish up, however it will be someplace in between 5% and 9%, O'Leary informed investors at Ryanair's annual basic meeting. We hope it...

Passenger Transportation Services

Airlines suspend flights as Middle East tensions rise

Concerns over a broader dispute in the Middle East have actually triggered international airlines to suspend flights to the region or to prevent affected air area. Below are some of the airline companies that have adjusted services to and from the region: AIR ALGERIE The Algerian airline company suspended flights to and from Lebanon till further notice. AIRBALTIC. Latvia's airBaltic cancelled flights to and from Tel Aviv until. Sept. 15. AIR FRANCE-KLM. KLM cancelled all flights to and from Tel Aviv up until Oct. 26. The Franco-Dutch group's inexpensive system Transavia cancelled. flights to and from Tel Aviv till March...

Passenger Transportation Services

StanChart to provide very first commercial debt to carbon credit firm after BA commitment

Requirement Chartered will offer the first business financial obligation to a technological carbon elimination company after British Airways agreed to an advance purchase of more than 4,000 tonnes of credits from project designer UNDO, the lending institution told Reuters. The capability to suck climate-damaging carbon emissions out of the air is a central part of the world's effort to battle global warming, yet many of the innovations are nascent and unproven at scale. While grants, pre-payments and venture capital have generally provided early-stage funding, task developers have actually been considered too dangerous for banks to provide them corporate loans, StanChart...

Passenger Transportation Services

Etihad Airways plans IPO no earlier than 2025, sources say

Abu Dhabi's Etihad Airways plans to make its stock exchange launching no quicker than 2025, two people familiar with the matter stated, in potentially the first IPO of a significant Gulf airline company as the UAE's capital ramps up effort to end up being a global travel center. Etihad, owned by sovereign wealth fund ADQ, had thought about listing this year, the people said. Nevertheless, it wants to present investors with 2024 monetary outcomes that will reveal a strong performance, one of individuals said. Geopolitical instability in the area has likewise weighed on timing, the 2nd person stated. ADQ decreased...

Passenger Transportation Services

New york city Times organization news - Sept 11

The following are the top stories on the New York Times service pages. Reuters has actually not confirmed these stories and does not vouch for their precision. - Delta Air Lines stated the wing of among its aircrafts struck a regional jet while taxiing cab for departure at Atlanta airport, damaging both aircraft. - Volkswagen stated it was ditching a variety of labour contracts including an assurance of jobs up until 2029 at six German plants, raising the possibility of redundancies from next year that worker agents have actually promised to resist. - Southwest Airlines announced an overhaul of its...

Passenger Transportation Services

Wall Street Journal - Sept 11

The following are the top stories in the Wall Street Journal. Reuters has actually not validated these stories and does not attest their precision. - News Corp-controlled REA Group will have to sweeten the offer if it is to combine two of the English-speaking world's dominant property listing websites, after U.K. counterpart Rightmove rebuffed its initial $ 7.32 billion method. - Southwest Airlines Executive Chairman Gary Kelly will step down next year in a big board shake-up as the airline company faces pressure from an activist investor to revamp its management and service technique. - Goldman Sachs is facing mounting...

Passenger Transportation Services

RTX sees labor difficulties, checking out alternatives to China suppliers

The head of aerospace and defense giant RTX sounded the alarm on worldwide supply chains in the wake of the COVID19 pandemic and warned that finding qualified labor for indemand jet industry production lines remains a huge difficulty. The supply chain has not recuperated, Executive Chairman Greg Hayes told the Global Aerospace Top hosted by the U.S. Chamber of Commerce on Tuesday. Aerospace bosses attending among the industry's essential yearly occasions alerted of ongoing interruption as high need clashes with parts and labor scarcities. The head of France's Safran said aerospace was reeling from a succession of shocks, from an...

Passenger Transportation Services

Iran turns down reports of weapons transfers to Russia as 'propaganda'.

Reports of Iranian weapons transfers to Russia are ugly propaganda to hide Western military assistance to Israel, Iran's foreign ministry stated on Tuesday, after Western powers said they would enforce brand-new sanctions on Tehran over the problem. The publication of incorrect and deceptive reports about the transfer of Iranian weapons to some countries is just an awful propaganda to conceal the big prohibited arms assistance of the United States and some Western nations for the genocide in Gaza, foreign ministry representative Nasser Kanaani said in a. post on X, without mentioning the new sanctions. U.S. Secretary of State Antony Blinken...

Ground Transportation

Ground Transportation

Manchester, Birmingham seek brand-new UK train to avoid HS2 capacity crunch

Britain's. second and 3rd cities on Friday published plans for a new. train to counter the blow of in 2015's federal government choice. to gut much of the HS2 northsouth highspeed rail job. The authorities of Manchester and the West Midlands stated a. new line in between Birmingham and Manchester would provide 85% of. the benefits of the planned-but-axed HS2 connection at 60% -75%. of the expense. It might broaden the combined economies of the two cities by. around 70 billion pounds ($ 92 billion) a year, their proposition. paper stated. If we stop working to put in place a...

Ground Freight

China's Dongfeng to assess Europe sales prospects before plant choice

China's Dongfeng Motor Group needs to assess sales prospects in Europe before choosing the possible opening of a factory in the area, one of its magnates said on Thursday. Ma Lei, the general manager of Dongfeng worldwide business, was speaking at an item event in Turin, Italy, in the middle of efforts by the Italian government to convince Chinese automakers to produce in the nation. Rome has stated it remains in conversations with Chinese business consisting of Dongfeng and Chery Automobile. Talks with Dongfeng authorities about an automobile plant in Italy are at an advanced stage, sources stated in August....

Ground Transportation

Air-taxi maker Vertical completes phase one testing of prototype

UKbased Vertical Aerospace said on Thursday it had finished the very first phase of piloted screening of a prototype of its flagship air taxi, VX4. The VX4 has 1,500 pre-orders worth $6 billion from companies including Virgin Atlantic, American Airlines and Japan Airlines. The phase one screening consisted of multiple piloted connected flights and ground runs, completing a total of 70 person test points that is needed to verify the prototype's security in real-world flight scenarios. The business is now preparing for phase 2 testing, which will include taking-off and landing vertically and carrying out low-speed flight maneuvers with lift...

Integrated Logistics

Transportation

Transportation

NET4GAS says it wins arbitration case versus Gazprom Export payments

Czech gas transmission system operator NET4GAS has won an arbitration case against Russian group Gazprom Export over payments it was owed, the Czech business said. In a filing late on Thursday, NET4GAS said a tribunal had bought (Gazprom Export) to pay the claimed amount together with default interest and reimburse N4G for the costs of the proceedings. Gazprom and Gazprom Export did not immediately respond to a. request for remark. NET4GAS has said it was declaring 113 million euros from. Gazprom Export after the Russian carrier stopped working to make payments. under contracts following the halt in products to Europe...

Transportation

Germany's Scholz looks for Central Asian energy ties in shadow of Ukraine war

German Chancellor Olaf Scholz starts his very first visit to Central Asia on Sunday, taking a trip to Kazakhstan and Uzbekistan as Berlin tries to find new markets and sources of energy and minerals in the wake of the Ukraine war. He currently has some key offers under his belt. Kazakh crude started streaming through the Druzhba pipeline in 2015, keeping Berlin's Schwedt refinery running after the European Union imposed sanctions on Moscow, and Russian supplies dropped off. This marked a totally brand-new instructions in bilateral cooperation, as no Kazakh oil had actually previously flowed through this pipeline, a Kazakh...

Transportation

Teen arrested over London transport cyberattack

A teen has been apprehended following a cyberattack on London's public transportation body last week in which some individual consumer information was accessed, the National Crime Company (NCA) stated on Thursday. Transport for London (TfL), which operates the capital's. tube and bus networks with countless journeys each day, stated. it was getting in touch with around 5,000 customers whose bank account data. might have been accessed in the Sept. 1 event. Other customer data consisting of names and contact details had. been accessed, it included. The NCA, which is investigating the cyberattack along with. TfL and the National Cyber Security...

Transportation

Uniper CEO wants Berlin to back centralised market for power providers

Germany ought to create a. centralised prepare for power providers to spur quick investment in. new gastopower plants ahead of prepared tenders, in charge of. German utility Uniper informed Reuters. Planned tenders in early 2025, approved by the EU in June,. are part of efforts to supplement periodic renewable energy. and speed up the transition to low carbon generation. The Economy Ministry on Wednesday started a six-week. consultation around a total 12.5 gigawatts (GW) of brand-new power. plant capacity, setting out four options for an accompanying. market design and itself favouring an alternative that measures. of Germany's decentralised energy industry...

Transportation

Uniper CEO wants Berlin to back centralised capability market for power plants

Germany needs to settle on a. centralised capacity market scheme for the second half of this. decade, to stimulate fast financial investments in new gastopower plants for. which Berlin prepares tenders in early 2025, the head of utility. Uniper informed Reuters. The Economy Ministry on Wednesday started a six-week. consultation around an overall 12.5 gigawatts (GW) of new power. plant capability, setting out four alternatives for an accompanying. market style and itself favouring an alternative that takes account. of Germany's decentralised energy industry and geography. Uniper is critical of the government's favoured option of a. so-called decentralised system, said CEO...

Transportation

Norway's spy chief sees Russia most likely to try sabotage

The head of Norway's foreign intelligence service believes Russia has actually ended up being more likely to try to sabotage its facilities, such as oil and gas, than a year ago as Moscow becomes bolder in countering Western assistance for Ukraine. The threat level has changed, Vice Admiral Nils Andreas Stensoenes, head of the Norwegian Intelligence Service (NIS),. told Reuters. We believe sabotage is more likely, and we see acts of. sabotage occurring in Europe now which show that they (the. Russians) have moved a bit on that scale. Russia turns down such accusations as Western scaremongering. Its embassy in...

Transportation

Hungarian oil business MOL's brand-new Druzhba supply deals abide by EU, Ukraine rules, chairman states

Oil and gas group MOL's. offers to carry Russian crude through Belarus and. Ukraine via the Druzhba pipeline abide by all European Union. and Ukrainian rules, MOL Executive Chairman Zsolt Hernadi stated. on website index.hu on Wednesday. Kyiv in June put Russian oil company Lukoil on a sanctions. list, stopping the circulation of its oil to MOL refineries in Hungary. and Slovakia, whose governments said this was a risk to. security of supply. Lukoil is set to resume oil materials in October to Slovakia. and Hungary through the Druzhba pipeline after MOL said on Monday it. secured new offers with...

Transportation

Enbridge pulls personnel from overseas platforms as Storm Francine advances

Energy pipeline operator Enbridge has pulled employees from a number of offshore U.S. Gulf of Mexico platforms, the business told consumers, as Hurricane Francine advanced towards a landfall in Louisiana. Francine has shut in oil and gas production at overseas platforms operated by Chevron, Exxon Mobil and Shell. The very first official measure of the storm's effect on U.S. energy production will be launched later on Tuesday by U.S. regulator the Bureau of Security and Environmental Enforcement. Enbridge, which handles an extensive network of overseas pipelines funneling oil and gas to onshore plants, evacuated staff from 3 offshore platforms. Operations...

Transportation

Norway's spy chief sees Russia most likely to attempt sabotage

The head of Norway's foreign intelligence service thinks Russia has actually become more likely to try and sabotage its facilities, such as oil and gas, than a year ago as it becomes bolder in countering Western support for Ukraine. The threat level has changed, Vice Admiral Nils Andreas Stensoenes, head of the Norwegian Intelligence Service (NIS),. told Reuters. Our company believe sabotage is most likely, and we see acts of. sabotage taking place in Europe now which suggest that they (the. Russians) have actually moved a bit on that scale. Russia turns down such accusations as Western scaremongering. Its embassy...

Transportation

Ukraine's Kyivstar to increase financial investments in energy durability, CEO states

Ukraine's leading mobile operator Kyvistar will ramp up financial investments to enhance its energy durability amidst Russia's intensified attack on the nation's. power grids, CEO Oleksandr Komarov informed Reuters on Thursday. Ukraine has been facing a significant energy deficit considering that. Moscow restored its attack on power grids and transmission lines. last spring, triggering day-to-day blackouts of approximately 12 hours in major. cities consisting of the capital Kyiv. The nation's telecoms regulator stated in July that mobile. operators must be able to cover failures of approximately 10 hours at. their stations from February, instead of the four needed now. We...

Transportation

U.N. nuclear company will supervise Ukraine's key power substations, Kyiv states

Ukraine and U.N. nuclear firm IAEA have concurred that the agency's professionals will keep an eye on the scenario at essential Ukrainian substations in addition to nuclear plants, Ukraine's primary nuclear inspector said on Thursday. Over half of the electricity consumed in the nation is created at three nuclear reactor, but Russian missile and drone attacks on substations threaten the stable operation of nuclear power plants, Oleh Korikov told a televised instruction. It was concurred that IAEA would broaden its functionality, its presence in Ukraine, which electrical substations, which are important for the safety of nuclear power plants, would likewise...

Transportation

Russia wants to keep gas transit via Ukraine to Europe, Putin says

President Vladimir Putin stated on Thursday that Russia aims to keep pumping gas through Ukraine to the European Union but included that Moscow could not force Kyiv to keep the transit agreement which expires at the end of this year. As for Ukraine, we are not abandoning this transit, strangely enough. Why? Since we, and Gazprom, intend to satisfy all our commitments to our consumers with whom we have long-term agreements, Putin said. There is a transit contract that ends on December 31 of this year. However if Ukraine refuses this transit, well, we can't. force it, Putin stated. Putin...