June 2024 – Page 38 – UAG Trade Asia

Boeing Plane Deliveries Drop by Half in May YearonYear

June 12, 2024
Business
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June 11 Reuters Boeing said on Tuesday it delivered 24 commercial planes in May, about half of the 50 jets it handed over to customers during the same month a year earlier, as it continued operating a slower assembly line to complete outstanding work. Boeing has said it is producing fewer MAX singleaisle jets to improve manufacturing quality, […]

June 12, 2024
Business
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June 12 Reuters Shares in European car manufacturers dropped on Wednesday, led by declines in major brands such as Volkswagen and BMW, ahead of possible lawsuits in Britain over emissions tests that could cost companies over 7.5 billion. Lawyers for the claimants, owners of diesel vehicles, told London39;s High Court on Tuesday some of the world39;s biggest carmakers […]

June 12, 2024
Business
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Tribunal allows Uniper to terminate dormant Gazprom contracts Also awards Uniper with 13 billion euro damage title Terminated contracts remove major risk for planned reIPO FRANKFURT, June 12 Reuters German utility Uniper has won a multibillion euro arbitration against former longtime supplier Gazprom, it said on Wednesday, allowing it to tear up dormant gas supply […]

June 12, 2024
Business
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FRANKFURT, June 12 Reuters German technology group Robert Bosch ROBG.UL is open to public listings of certain divisions as it explores financing options for acquisitions, although not as a group or in its core business as an auto supplier, the company chief executive said. Bosch already has a great deal of expertise on the capital […]

June 12, 2024
Business
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Reuters Apple shares surged over 7 to a record high on Tuesday, nearly regaining from Microsoft its crown as the world39;s most valuable company a day after it unveiled new AI features meant to rekindle demand for iPhones. Tuesday39;s rally came as Apple trails the SP 500 in 2024 due to waning iPhone sales and concerns on […]

June 12, 2024
Business
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June 12 Reuters Umicore lowered its guidance for 2024 on Wednesday, saying customers39; demand projections for battery materials had fallen steeply in recent weeks, becoming the latest supplier hit by the slowing electric vehicle market. The Belgian metal recycling group now expects adjusted earnings before interest, taxes, depreciation, and amortisation EBITDA of 760 million to […]

FTSE 100, DAX 40 and S&P 500 bounce off Tuesday’s lows ahead of US CPI and FOMC

Outlook on FTSE 100, DAX 40 and S&P 500 amid US inflation print and Fed dot plot

June 12, 2024
Finance
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MUMBAI, June 12 Reuters The Indian rupee was nearly flat on Wednesday after likely intervention from the Reserve Bank of India helped the currency avert a fall to an alltime low, traders said. The rupee was at 83.56 against the U.S. dollar as of 1000 a.m. IST, barely changed from its close of 83.5650 in […]

June 12, 2024
Finance
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LONDON, June 12 Reuters The dollar steadied on Wednesday after hitting a fourweek high against peer currencies the day before as market players awaited key U.S. inflation data and the Federal Reserve39;s policy decision and updated economic projections later in the day. The U.S. dollar has rebounded after Friday39;s strongerthanexpected jobs report raised the prospect of inflation […]

June 12, 2024
Finance
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FTSE 100 up 0.7, FTSE 250 adds 0.4 Rentokil jumps after report Trian Fund Management amassed significant stake Legal General falls after its 254.9 million buyback, merging investment units British economy was flat in April as expected June 12 Reuters London stocks moved higher on Wednesday, prompting bets of an earlier rate cut after data […]

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Boeing Plane Deliveries Drop by Half in May YearonYear

European Car Manufacturers Fall Following UK Dieselgate Lawsuits

Uniper Wins 14 Billion Arbitration Ruling Against Gazprom

Bosch Eyes Listings of SubDivisions to Aid Acquisitions, CEO

Apple Hits Record, AI Features Promise Boost in iPhone Sales

Umicore Lowers 2024 Outlook Hit by Slowing EV Market

FTSE 100, DAX 40 and S&P 500 bounce off Tuesday’s lows ahead of US CPI and FOMC

Rupee Averts Record Low on Likely Cenbank Hand in NDF Market

Dollar Pauses for Breath as Market Braces for US Inflation, Fed Test

London Stocks Move Higher on Hopes of Earlier Rate Cut; Rentokil Jumps

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