Boeing Shares Fall as MAX 9 Grounding Continues

Jan 16 Reuters Boeing shares fell 4.1 on Tuesday and were set to extend last week39;s losses as the U.S. grounding of some 737 MAX 9 jets entered its 11th day, while the company39;s promise of further quality checks raised the specter of added costs. The planemaker has been engulfed in a crisis since an Alaska Airlines MAX 9 […]
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Synopsys to Buy Engineering Software Firm Ansys in 35B Deal

NEW YORK, Jan 16 Reuters Chip design software maker Synopsys said on Tuesday it would buy Ansys in a 35 billion cashandstock deal, snapping up the maker of software used in creating products from airplanes to tennis rackets of players like Novak Djokovic. The transaction would be the biggest acquisition in the technology sector since chipmaker Broadcom took […]
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Credit Data Firm Experians Revenue Rises on Resilient Demand

Jan 16 Reuters Credit data firm Experian posted a 9 rise in thirdquarter revenue on Tuesday, powered by strong demand for its new products and business wins, especially in the Latin America region. Experian39;s key customers include banks, nontraditional lenders and insurance providers, which use its credit reports and scores to analyse and make decisions around […]
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Lindts Pralines Sweeten 2023 Sales Despite Cocoa Costs

Jan 16 Reuters Swiss chocolate maker Lindt Spruengli reported a 10.3 rise in 2023 organic sales on Tuesday, as the postCOVID recovery in travel generated demand for higher value products such as pralines. Lindt39;s shares rose by around 5, on track for their biggest daily increase since July 2022. The maker of Lindor balls and gold […]
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Holders of 35 of Heathrow to Divest Along with Ferrovial

MADRID, Jan 16 Reuters Shareholders in Heathrow, Britain39;s largest air terminal, accounting for a combined 35 stake, intend to exercise 39;tag along39; rights to sell their shares alongside Ferrovial, the Spanish infrastructure operator said on Tuesday. Ferrovial, which is in the process of selling its 25 stake in Heathrow to private equity fund Ardian and […]
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Volkswagen, Rivals Plug Away at SolidState Battery Puzzle

LONDONDETROIT, Jan 16 Reuters Volkswagen, whose drive to develop a solidstate electric car battery with U.S. startup QuantumScape has been dogged by delays, is casting its net wider in pursuit of the potentially gamechanging technology. The German auto giant is holding talks with France39;s Blue Solutions, which already produces solidstate batteries for Daimler electric buses, […]
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Sterling Slips after UK Wage Growth Slows Sharply

LONDON, Jan 16 Reuters The pound fell on Tuesday after data showed that growth in British wages slowed in the three months through November, supporting the idea that the Bank of England will cut interest rates sharply this year. Sterling was last down 0.37 at 1.2679, having traded around 0.3 lower at 1.2683 before the […]
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FTSE 100 Hovers near OneMonth Low as Global Sentiment Sours

UK wage growth slows in SeptemberNovember period Investors assess mixed comments from policymakers Rightmove down on JP Morgan downgrade FTSE 100 down 0.4, FTSE 250 flat Jan 16 Reuters London39;s bluechip FTSE 100 index hovered near a onemonth low on Tuesday, dented by riskoff moves in global markets as hawkish remarks from central bankers outweighed […]
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