Aviation Sector Seeks Urgent Solutions for GPS Interference

LONDONWASHINGTON, Jan 24 Reuters The aviation industry will press regulators this week for urgent action to help tackle GPS spoofing amid a surge in such activity, which can send commercial airliners offcourse, due to conflicts in Ukraine and the Middle East. International trade body IATA and European regulator EASA have organised a meeting in Cologne, […]
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Swedish Bank SEB Lines Up Bumper Shareholder Payout

SEB sets total dividend of 11.5 SEKshare vs forecast 9.6 SEK Payout comprises ordinary and special dividends for 2023 Net profit misses forecast Interest income also just misses consensus STOCKHOLM, Jan 25 Reuters SEB on Thursday proposed a biggerthanexpected annual shareholder payout in the form of ordinary and special dividends even as the Swedish bank reported […]
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Chipmaker STMicro Sees over 15 Drop in Q1 Sales after Q4 Miss

Jan 25 Reuters European chipmaker STMicroelectronics on Thursday forecast an over 15 drop in firstquarter revenue, after its sales missed estimates in the fourth quarter on softer automotive growth and a further decline in orders from the industrial sector. Orders from the automotive industry have been helping chipmakers offset the impact from U.S.China trade spats and […]
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Euro Zone Bond Yields Edge Down a Day ahead of ECB Meeting

LONDON, Jan 24 Reuters Euro zone government bond yields dipped on Wednesday as traders digested data showing euro zone business activity contracted again in January while looking ahead to Thursday39;s European Central Bank meeting. Germany39;s 10 year yield, the benchmark for the euro zone was at 2.31, down around one basis point bp, retracing some […]
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Greece to Launch Athens Airport IPO on Jan. 25

IPO to run from Jan. 25 to Feb. 1 Price range set at 7.0 to 8.2 euros 7.62 to 8.92 per share Greece could get up to 1.2 billion euros from sale, dividend ATHENS Reuters Greece on Thursday will launch an initial public offering IPO for a 30 stake in Athens International Airport, a sale which […]
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DuPont Tumbles as Prelim Quarterly Results Disappoint

Jan 24 Reuters DuPont De Nemours said on Wednesday that it expects to report a fourthquarter loss compared to a yearago profit, sending its shares down 12 before the bell. The multiindustrial chemical company expects to report a loss from continuing operations in between 220 million and 370 million, compared to a reported profit of 105 […]
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