BRUSSELS, July 29 Reuters Ryanair lost its final fight against a state loan made to Austrian Airlines as Europe39;s top court on Monday sided with the EU competition authorities who approved it. The 150millioneuro 163 million subordinated loan was granted to Lufthansa39;s Austrian unit in 2020 during the COVID19 pandemic. Europe39;s biggest budget airline has launched […]

July 29 Reuters Uncertainty felt by British business leaders collapsed to the lowest level since before the 2016 Brexit vote after Prime Minister Keir Starmer39;s landslide election victory, a survey showed on Monday. The quarterly Deloitte survey of chief financial officers showed 23 of large British companies reported high or very high uncertainty, down from […]

TOKYO, July 26 Reuters Nissan cut planned production by a third at its top Japanese plant this month, a move that will also see it slash output of a flagship crossover model, two people said, as it struggles with weak U.S. demand for its ageing lineup. The Japanese automaker on Thursday reported an almost complete wipeout in April […]

TOKYO, July 29 Reuters Shares in Mitsubishi Motors surged on Monday following media reports that the Japanese automaker is in talks to join Nissan39;s and Honda39;s planned strategic partnership. Nissan and Honda said in March they were looking at collaborating on electric vehicle components and artificial intelligence in automotive software platforms, though they are not planning a capital tieup. Representatives […]

Revenue growth led by robust volumes Sees Far East prices starting to firm Keeps current year outlook unchanged July 29 Reuters British meat producer Cranswick reported higher firstquarter revenue on Monday as strong demand for its premium ranges offset lower meat prices in Asia and Europe. Cranswick, which produces fresh pork, bacon, gourmet sausages, poultry items […]

BENGALURU, July 29 Reuters Adani Total Gas reported a jump in firstquarter profit on Monday, helped by strong demand for the cleanerburning compressed natural gas CNG, sending its shares 2 higher. The Adani group company39;s consolidated profit rose 15 to 1.72 billion rupees around 21 million in the three months ended June 30, marking its sixth […]

PARIS, July 26 Reuters France39;s EDF saw firsthalf profit jump by fifth as it boosted electricity production, but the stateowned utility warned that declines in market prices would weigh on secondhalf earnings. Although the world39;s largest nuclear power plant operator has grappled with a range of problems at its nuclear plants that have hurt output, […]