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CNN —Seven men are now in custody in India for the alleged gang-rape of a tourist and assault on her husband, authorities said, in a case that has shone a new spotlight on the endemic problem of sexual violence against women in the country. On Saturday, police announced that three men had been arrested in connection with the incident and that they were seeking four more. India has struggled for years to tackle high rates of violence against women, with a number of high-profile rape cases involving foreign visitors drawing international attention to the issue. And in 2013, six men were sentenced to life in prison for the gang rape of a Swiss tourist. According to India’s National Crime Records Bureau, a total of 31,516 rape cases were recorded in 2022, an average of 86 cases per day.

Persons: Anjaneyulu Dodde, Pitambar Singh Kherwar, Kherwar, Rekha Sharma, Mithilesh Kumar Thakur, ” Organizations: CNN, Police, India’s, Commission for Women, Crime Records Locations: India, West Bengal, Nepal, Dumka, Jharkhand, British, Goa, American, New Delhi, Swiss

New Delhi CNN —Police in eastern India have arrested three men for the alleged gang rape of a foreign tourist and assault of her husband, as they hunt for four more suspects in a case that highlights the country’s decades-long struggle to curb sexual violence against women. CNN is not naming the female victim, in accordance with Indian law that prevents the naming of victims of sexual violence. India has struggled for years to tackle high rates of violence against women, with a number of high-profile rape cases involving foreign visitors drawing international attention to the issue. And in 2013, six men were sentenced to life in prison for the gang rape of a Swiss tourist. According to India’s National Crime Records Bureau, a total of 31,516 rape cases were recorded in 2022, an average of 86 cases per day.

Persons: Pitambar Singh Kherwar, Kherwar, Rekha Sharma, Mithilesh Kumar Thakur, ” Organizations: New, New Delhi CNN — Police, Police, CNN, India’s, Commission for Women, Crime Records Locations: New Delhi, India, West Bengal, Nepal, Dumka, Jharkhand, British, Goa, American, Swiss

☆ India's construction sector levels up as housing demand spurs economy
▼ + stars: | 2023-12-02 | by ( Manoj Kumar | ) www.reuters.com time to read: +5 min

That helped India expand at a forecast-beating 7.6%, making it one of the world's fastest-growing major economies. It has been driven by rising incomes for many Indians, a severe housing shortage in big cities and strong population growth. Builders are bullish long-term with many saying the boom could last two to three years and some even more optimistic. "The housing market could continue to perform well for another three to four years," Sanjeev Jain, managing director at Parsvnath Developers, a leading real estate company, noting that India is in the initial stages of a housing growth cycle. The government is also trying to boost the availability of affordable housing by providing subsidies, which is encouraging construction in India's smaller towns and cities.

Persons: Nifty, Sunil Sinha, Sanjeev Jain, Prashant Thakur, Jayesh Rathod, Narendra Modi's, Manoj Kumar, Nigam, Ira Dugal, Edwina Gibbs Organizations: DELHI, Fitch, Builders, Parsvnath Developers, Reuters, Graphics, Advisory, Prestige Estates, DLF, Reuters Graphics, Thomson Locations: India, China, Mumbai, New Delhi, Bangalore, rocketed, Thane, Tamil Nadu, Karnataka, Gujarat

☆ Southwest, pilots' union nearing preliminary labor deal - source
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +1 min

Southwest airline pilots approach to land at San Diego International airport in San Diego, California, U.S., May 18, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsDec 1 (Reuters) - Southwest Airlines (LUV.N) and its pilots' union were nearing a new labor deal ahead of the holiday season, a person familiar with the negotiations said on Friday. The company remains committed to reaching a deal that rewards its pilots and places them competitively in the industry, it added. Earlier this year, major carriers American Airlines, Delta, and United Airlines successfully reached agreements with their respective pilot unions. CNBC first reported that Southwest was nearing a new contract with the union.

Persons: Mike Blake, Pratyush Thakur, Rajesh Kumar Singh, Krishna Chandra Eluri, Arun Koyyur Organizations: San Diego International, REUTERS, Southwest Airlines, Southwest, Transport Workers Union Local, American Airlines, United Airlines, CNBC, Thomson Locations: San Diego , California, U.S, Delta, Bengaluru, Chicago

☆ Google is replacing the exec who oversees its $220 billion ad business amid big privacy and AI changes
▼ + stars: | 2023-11-29 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Dischler has spent 15 years at Google, and was most recently leading all of Google's ad business. He is credited with steering Google through privacy changes and for overseeing new uses of technology like machine learning and artificial intelligence for its advertising business. Dischler helped spearhead Google's advertising efforts around Google's Chrome web browser phasing out third-party cookies. "Our ads business helps millions of businesses thrive and we're grateful to Jerry for his many accomplishments in this area." Before joining Google, Srinivasan worked at Amazon and IBM.

Persons: Jerry Dischler, Dischler, Google's Prabhakar Raghavan, Jerry, Vidhya Srinivasan, Srinivasan, Max, Raghavan, Srinivasan's, Shashi Thakur, nix Organizations: Google, Business, Department, YouTube, Amazon, IBM, Justice Department

☆ L3Harris to sell its commercial aviation solutions business for $800 mln
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

The logo of L3Harris is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 27 (Reuters) - L3Harris Technologies (LHX.N) is selling its commercial aviation solutions business to private equity firm TJC L.P. for $800 million, the defense company said on Monday. The commercial aviation solutions business of L3Harris offers pilot training, flight data analytics, avionics and advanced air mobility products and services and has around 1,450 employees. Morgan Stanley and Moelis & Co were financial advisers to L3Harris, while J.P. Morgan Securities LLC advised TJC L.P. Reporting by Pratyush Thakur in Bengaluru; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, TJC, L3Harris, Morgan Stanley, TJC L.P, Pratyush Thakur, Saumyadeb Organizations: New York Stock Exchange, REUTERS, L3Harris Technologies, Moelis, Morgan Securities, Thomson Locations: New York, U.S, Bengaluru

A billboard for the Netflix film "Thar" is seen on a street in Mumbai, India, May 19, 2022. "Every broadcaster or broadcasting network operator must establish a Content Evaluation Committee (CEC) with members from various social groups," stated the draft law document, which is open for public consultation for 30 days. The proposal however comes at a time of increasing scrutiny of streaming companies in India over content-related issues. Under the new proposed law, the federal government "can define the CEC's size, quorum, and operational details" and only those shows shall be broadcast that are "duly certified" by such a committee, the draft law stated. The law will also provide powers to the government to regulate any online creator or news media platform, Gupta added.

Persons: Francis Mascarenhas, Anurag Thakur, Apar Gupta, Gupta, Aditya Kalra, David Evans Organizations: Netflix, REUTERS, Disney, Media Partners, Reuters, Thomson Locations: Mumbai, India, DELHI, New Delhi

CNN witnessed the skies of Northern Gaza illuminated by flares and explosions as the bombardment intensified late Thursday night. Israel Defense Forces spokesman Lt. Col. Jonathan Conricus claimed the strike was targeting a Hamas commander hiding in an underground bunker and that when the complex imploded it possibly collapsed nearby buildings. The Israel military says there are fuel supplies in Gaza being held by Hamas, which are not being distributed for humanitarian purposes, CNN has reported. Pentagon officials believe Israel has been striking legitimate Hamas targets, including some senior commanders. Blinken plans to raise the issue in his talks with Israeli officials Friday, according to a person familiar with the matter.

Persons: Joe Biden, Biden, Lloyd Austin, Antony Blinken –, –, “ didn’t, ”, Jonathan Conricus, Benjamin Netanyahu, Netanyahu, Israel, Blinken, “ I’m, Base Andrews, “, Sen, Chris Murphy of, Austin, Yoav Gallant, CQ Brown, Herzi, Gabriel Boric, Boric, CNN’s Oren Liebermann Organizations: Washington CNN, Israel, Israel Defense Forces, CNN, White, Israeli, Sunday, West Bank, Hamas, Base, Pentagon, Joint Chiefs, Staff Locations: Israel, Gaza, Gaza City, Northern Gaza, Minnesota, Chris Murphy of Connecticut, Chile

☆ Second Israeli airstrike in two days pummels Gaza refugee camp, deepening a growing outcry
▼ + stars: | 2023-11-02 | by ( Sofia Mitra-Thakur | Helen Regan | ) edition.cnn.com time to read: +8 min

He told CNN more bodies were being dug out of the rubble, and the majority of casualties were women and children. Some were bleeding and others were burnt,” Mohammad Al Aswad told CNN by phone. Meanwhile, the main generator for the Gaza Indonesian Hospital went out of service Wednesday night, Dr. Atef Al Kahlout, the head of the hospital, told CNN Thursday. Her niece Leah Okumura told CNN Ramona was now resting at a hotel. Forty-five injured Palestinians are also currently getting treatment in three hospitals across Egypt, an Egyptian government official told CNN.

Persons: Jabalya, Atef Al Kahlout, “, ” “, Ali Jadallah, Mohammad Al Aswad, Ibrahim Biari, ”, Jordan, General Itzik Cohen, Daniel Hagari, Philippe Lazzarini, Al Shifa, Al Kahlout, Hatem Ali, Ramona Okumura, amputees, Leah Okumura, CNN Ramona Organizations: Jerusalem CNN, Civil Defense, Hamas, CNN, Israel Defense Forces, Getty, IDF, United Nations Human Rights, Palestinian Ministry of Health, Wednesday, UN, AFP, United Nations, United Nations Relief, Works Agency for Palestine Refugees, Gaza Indonesian Locations: Gaza, Jerusalem, Israel, Egypt, Rafah, Falluja, Gaza City, Anadolu, Ramallah, That’s, Israel’s, Chile, Colombia, Gaza . Bolivia, Al, Cairo, Seattle

The mass shooting upended life in Lewiston and surrounding communities, injecting fear into the area and ripping families apart. A mourner attends a candlelight vigil for the victims of this week's mass shootings on October 28, 2023, in Lisbon Falls, Maine. The ex-wife and son said their plan was to stay away from Card, according to the documents. Due to an ongoing Army investigation, we cannot go into any further details,” the email statement from Castro, the Army spokesperson, said. His commander said they were trying to get treatment for Card and that “he thought it best to let Card have time to himself,” the sheriff’s office added.

Persons: Robert Card, “, Ruth Castro, –, Janet Mills, mourner, Robert F, Card’s, Card, Jack Clements, WMTW, Castro, teletype, ” “ Robert, Joel Merry , ” Merry, Mike Sauschuck, Matt Rourke, Michael Sauschuck, I’ve, I’m, ” Sauschuck, ” CNN’s Mark Morales, Linh Tran, Sara Smart, Andy Rose Organizations: CNN, US Army, Army, Sagadahoc County Sheriff’s Department, Card, Schemengees, 3rd Battalion, Army Reserve, Sheriff’s, Saco Police, National Guard, Public, Card Investigators, Subaru, Smith, Wesson, Maine Department of Public Safety, Maine Public Locations: Lewiston , Maine, Sagadahoc County, Lewiston, United States, Maine, Lisbon Falls , Maine, Saco, West Point, Sagadahoc, WMTW Maine

☆ General Dynamics beats quarterly estimates on robust military equipment demand
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

Saudi men are seen at General Dynamics stand displaying the latest defence system at World Defense Show in Riyadh, Saudi Arabia, March 6, 2022. REUTERS/Ahmed Yosri/File Photo Acquire Licensing RightsOct 25 (Reuters) - U.S. defense contractor General Dynamics (GD.N) beat Wall Street estimates on Wednesday, as buoyant military equipment demand helped overcome higher operating expenses. General Dynamics-manufactured weapons systems, munitions, and combat vehicles such as Abrams tanks have been essential to Ukraine's operations. UAW members at the company make highly profitable military vehicles, including tanks and light armored vehicles, according to the union. General Dynamics joined peer defense contractors Lockheed Martin (LMT.N) and RTX (RTX.N) to report better-than-expected quarterly results.

Persons: Ahmed Yosri, Abrams, Lockheed Martin, Pratyush Thakur, Krishna Chandra Organizations: General Dynamics, Defense, REUTERS, Dynamics, Pentagon, United Auto Workers, UAW, Gulfstream, Thomson Locations: Riyadh, Saudi Arabia, Reston , Virginia, Ukraine, Bengaluru

The company also approved a $10 billion share repurchase program that will be funded through short and long-term debt. But profit at RTX's Collins Aerospace unit, which deals with commercial aftermarket service, rose 22% to $903 million. RTX reported an overall third-quarter adjusted profit of $1.25 per share, beating Wall Street estimates of $1.21, according to LSEG data. The company now expects reported sales of $68.5 billion, up from about $67.5 billion, and adjusted sales of $74 billion, up from $73 billion. Adjusted earnings per share - previously projected to be $4.95 to $5.05 - are now expected to be between $4.98 and $5.02.

Persons: Benoit Tessier, Pratt, Whitney, RTX, Neil Mitchill, Pratyush Thakur, Mike Stone, Valerie Insinna, Krishna Chandra Eluri, Mark Potter Organizations: Raytheon Technologies Corporation, International Paris Air, Le, REUTERS, Collins Aerospace, Reuters, RTX, RTX's Collins Aerospace, Wall, Intelligence, Services, Raytheon, Thomson Locations: Le Bourget, Paris, France, Arlington , Virginia, Bengaluru, Washington

Meanwhile, Boeing and Spirit, a supplier for the U.S. planemaker and European rival Airbus(AIR.PA), are contending with a lapse involving misdrilled holes on Boeing’s 737 MAX. Boeing is expected to report a loss of $2.23 per diluted share, compared with a loss of $5.49 a year ago. Spirit is projected to report a loss of $1.03 a share, compared to a loss of $1.22 a year earlier, according to LSEG data. The target may no longer be achievable if Boeing can no longer meet its goal of delivering 400 737s this year. Spirit, which reports Nov. 1, has already revealed preliminary results as part of a new price agreement with Boeing.

Persons: Benoit Tessier, Whitney, Rob Stallard, ” RTX, Ron Epstein, Vertical's Stallard, Patrick Shanahan, Pat, Michel Merluzeau, Shanahan, Valerie Insinna, Pratyush Thakur, Ben Klayman, Josie Kao Organizations: Boeing, International Paris Air, Le, REUTERS, Rights, Pratt, U.S, Airbus, Research, LSEG, ” Bank of America, Thomson Locations: Le Bourget, Paris, France, Washington, Bengaluru

☆ India ask NZ to bat first in a clash of unbeaten sides
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +2 min

Twice champions India left out an injured Hardik Pandya and fellow all-rounder Shardul Thakur bringing in batter Suryakumar Yadav and seamer Mohammed Shami. Rohit said India relished chasing on a track, where dew could make bowling difficult in the second innings. "In training yesterday we thought dew came in early," Rohit said. New Zealand, who are without regular skipper Kane Williamson, fielded the same team that beat Afghanistan in their previous match. "We would've bowled first as well due to the dew," stand-in skipper Tom Latham said.

Persons: Daryl Mitchell, Adnan Abidi, Rohit Sharma, Hardik Pandya, Shardul Thakur, Suryakumar Yadav, seamer Mohammed Shami, Rohit, India, Kane Williamson, Tom Latham, Shubman Gill, Virat Kohli, Shreyas Iyer, Ravindra Jadeja, Mohammed Shami, Kuldeep Yadav, Mohammed Siraj, Jasprit, Devon Conway, Will Young, Rachin Ravindra, Glenn Phillips, Mark Chapman, Mitchell Santner, Matt Henry, Lockie Ferguson, Trent Boult, Amlan Chakraborty, Sonali Paul Organizations: Cricket, ICC Cricket, Himachal Pradesh Cricket Association, New Zealand, India, KL Rahul, Thomson Locations: India, New Zealand, Himachal, Dharamsala, Afghanistan, Jasprit Bumrah, Zealand, New Delhi

Fain confirmed the Detroit Three had converged on a 23% wage hike offer and made progress on other issues. But he told UAW members "there is more to be won". While warning of possible expanded strikes, Fain also told UAW members the talks were closing in on an end. Walkouts began at the three automakers on Sept. 15 and now more than 34,000 union members are waging the UAW's first simultaneous strikes against the Detroit Three. Fain declared "the days of the UAW and Ford being a team to fight other companies are over."

Persons: Rebecca Cook, Shawn Fain, we've, Fain, Walkouts, Bill Ford, Henry Ford, Ford, Tesla, Stellantis, Joseph White, Ben Klayman, Pratyush Thakur, Sayantani Ghosh, Sriraj Kalluvila, Peter Henderson, David Gregorio Our Organizations: General Motors, REUTERS, Rights, United Auto Workers, Detroit Three, UAW, Chrysler, Detroit, Ford, GM, Toyota, Anderson Economic, Thomson Locations: Detroit , Michigan, U.S, Ford's, Kentucky, Detroit, Bengaluru

Fain acknowledged some union members want to vote on the offers the union bargainers have in hand. He urged UAW members not to give in to what he called "fear, uncertainty, doubt and division" sowed by the companies. More than 34,000 union members working at the three automakers are on strike since the walkouts began on Sept. 15. The demand included a 20% immediate increase, elimination of different pay scales among UAW workers and restoration of defined benefit pension plans. The GM offer "suggests we may be in the endgame," said University of California Berkeley labor professor Harley Shaiken.

Persons: Rebecca Cook, Shawn Fain, Fain, General Motors GM.N, Harley Shaiken, Ford, We've, Stellantis, Ford hasn't, Shaiken, it's, Tesla, Bill Ford, Joseph White, Ben Klayman, Pratyush Thakur, Sayantani Ghosh, Sriraj Kalluvila, Peter Henderson, David Gregorio Our Organizations: General Motors, REUTERS, Rights, United Auto Workers, UAW, General, Chrysler, GM, Ford, Bloomberg News, Detroit Three, of California, Ford's, Toyota, Anderson Economic, Detroit, Thomson Locations: Detroit , Michigan, U.S, of California Berkeley, Kentucky, Arlington , Texas, Detroit, Bengaluru

☆ GM makes new offer to UAW, sees movement in all key areas
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. "We have made substantial movement in all key areas in an effort to reach a final agreement with the UAW and get our people back to work," the company said in a statement. The automaker said the new 23% general wage increase offer represents a 25% compounded wage rise over the life of the agreement, with 10% hike in the first year. The UAW had no immediate comment ahead of a planned Facebook address by its president, Shawn Fain, at 4 PM ET. The total economic losses from the UAW strike have reached $7.7 billion, according to the latest data from economic consultancy Anderson Economic Group, with the Detroit Three suffering losses of $3.45 billion.

Persons: Rebecca Cook, Shawn Fain, Fain, Tesla, Bill Ford, Pratyush Thakur, Sriraj Organizations: General Motors, REUTERS, UAW, Ford's, Motors, Chrysler, Detroit Three, Toyota, Ford, Anderson Economic, Detroit, Thomson Locations: Detroit , Michigan, U.S, Kentucky, Arlington , Texas, Bengaluru

REUTERS/Cheney Orr/File Photo Acquire Licensing RightsOct 17 (Reuters) - Lockheed Martin (LMT.N) reported higher third-quarter revenue on Tuesday, as geopolitical tensions fueled sustained demand for its military equipment. Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with defense company RTX (RTX.N), have proven critical to Ukraine's war efforts. Revenue at the Missiles and Fire Control unit, which makes the High Mobility Artillery Rocket System, was $2.94 billion, up 3.8% from a year earlier. Bethesda, Maryland-based Lockheed posted a net income of $6.73 per share for the quarter ended Sept. 24, compared with $6.71 per share a year earlier. Quarterly net sales rose around 1.78% to $16.88 billion.

Persons: Cheney Orr, Lockheed Martin, LMT.N, restocking, Frank St John, Pratyush Thakur, Mike Stone, Krishna Chandra Organizations: Lockheed, Association of, United States Army, Global, REUTERS, Reuters, Missiles, Control, High Mobility Artillery, Thomson Locations: Huntsville , Alabama, U.S, Ukraine, Bethesda , Maryland, Bengaluru, Washington

☆ Honeywell to realign business segments to boost growth
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsOct 10 (Reuters) - Honeywell International (HON.O) is restructuring its business operations to three segments down from four to boost sales growth and reallocate capital, the industrial conglomerate said on Tuesday. "This simplified structure will enable Honeywell to realize synergies that will accelerate our innovation playbook," Chief Executive Officer Vimal Kapur said. Honeywell said its results for the third quarter would be in line with previously issued guidance ranges on its aviation business performance. Honeywell said its new segmentation would take effect from the first quarter of 2024.

Persons: Denis Balibouse, Vimal Kapur, Pratyush Thakur, Pooja Desai Organizations: Honeywell, European Business Aviation Convention, REUTERS, Thomson Locations: Geneva, Switzerland, Charlotte, North Carolina, Bengaluru

☆ NewsClick: Indian police raid news site critical of Modi's government, fueling fears for press freedom
▼ + stars: | 2023-10-03 | by ( Rhea Mogul | ) edition.cnn.com time to read: +4 min

Those questioned include reporters, editors and contributors linked to NewsClick, an independent news website known for being fiercely critical of Prime Minister Narendra Modi’s government. Some of those taken for questioning reported the raids on Twitter, now known as X, as they were taking place. India, with a population of 1.4 billion people, is the world’s largest democracy and one of the largest media markets in the world. Media personnel outside the Delhi Police's Special Cell in New Delhi, India, on Oct. 3. Altaf Qadri/APBut the Modi administration has been repeatedly accused of intimidating the press, stifling free speech, and censoring independent news organizations.

Persons: Narendra Modi’s, Prabir Purkayastha, Amit Chakravarty, Bhasha Singh, “, Abhisar Sharma, Modi, Anurag Thakur, ”, Altaf Qadri, Digipub Organizations: CNN — Police, Police, Twitter, Delhi, Cell, Bharatiya Janata Party, BJP, CNN, Information, . Media, of India, Press, Amnesty Locations: New Delhi, Delhi, Odisha, India, Mumbai, Laos, Djibouti

☆ Shami says India's rotation policy is having positive impact
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

Sept 23 (Reuters) - India seamer Mohammed Shami says the team's rotation policy is working well and will prevent players from being overloaded as they prepare for the World Cup on home soil next month. Shami took career-best One-Day International (ODI) figures of 5-51 to restrict Australia to 276 in 50 overs in Mohali on Friday, laying the platform for a five-wicket victory. "We've had good results in the previous few series and the rotation policy is working well. Shami took a much-needed break following the World Test Championship final in June but said he kept himself busy. "It was very important to take that break, because I had played back-to-back for seven-eight months without rest," Shami said.

Persons: India seamer Mohammed Shami, Shami, Mohammed Siraj, Jasprit, Shardul Thakur, We've, Shrivathsa Sridhar, Peter Rutherford Organizations: ICC, Australia, Thomson Locations: India, Australia, Mohali, Chennai, Bengaluru

HANGZHOU, China, Sept 23 (Reuters) - China's eastern city of Hangzhou stepped up security ahead of the Asian Games opening ceremony later on Saturday as organisers hope to get the sporting extravaganza off to a smooth start with President Xi Jinping among the dignitaries set to attend. Roads in a sizeable 'traffic control area' around the city's Olympic stadium were blocked off, at least one metro station was shut, and other Games centres were closed off ahead of an opening ceremony organisers say will be "mesmerizing". Some of those making the trek out towards the stadium were left frustrated by the size of the sealed off area. Organisers hope a high-tech opening ceremony on Saturday will help drum up excitement for the Games. Dozens of smiling volunteers greeted arriving journalists in Hangzhou this week, with some expressing relief that the event was finally getting started.

Persons: Xi Jinping, Li Jian, Xiaolan, @Future, Xi, Beijing's, Bashar al, Assad, Anurag Thakur, Martin Quin Pollard, Ian Ransom, Xihao Jiang, Peter Rutherford Organizations: Games, Thomson Locations: HANGZHOU, China, Hangzhou, Asia, Syria, India, Tokyo

☆ Airlines, suppliers set to take a hit from RTX's jet engine issues
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

A Raytheon Technologies (RTX) logo is pictured during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. REUTERS/Benoit Tessier Acquire Licensing RightsSept 12 (Reuters) - Airlines and aerospace suppliers are expected to take a hit after RTX Corp (RTX.N) said on Monday 600-700 engines on Airbus A320neo jets need to be inspected for quality issues, which could ground hundreds of aircraft through 2026. In July, RTX said microscopic contaminants were found in a powdered metal used in high-pressure turbine discs that are part of the Pratt & Whitney Geared Turbofan (GTF) engine's core. The presence of those contaminants could lead to cracks in the engine. The following airlines and aerospace suppliers expect to be affected:($1 = 0.8015 pounds)($1 = 0.9317 euros)Compiled by Pratyush Thakur in Bengaluru; Edited by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, RTX, Pratyush Thakur, Shounak Dasgupta Organizations: Raytheon Technologies, Paris, REUTERS, Airlines, RTX Corp, Airbus, Pratt & Whitney, Thomson Locations: Le Bourget, Paris, France, Bengaluru

☆ Goodyear Tire to cut around 1,200 jobs in restructuring drive
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +1 min

A U.S. flag flies at a Goodyear Tire facility in Somerville, Massachusetts, U.S., July 25, 2017. The decision comes after activist investor Elliott Investment Management in May criticized Goodyear for mismanagement and lagging behind rivals Michelin and Bridgestone (5108.T). Elliott, which holds a 10% stake in the tire company, had also pushed Goodyear for an operational review and sale of its stores. The Ohio-based firm forecast total pre-tax charges of between $210 million and $230 million by 2025 due to the restructuring. Last month, Goodyear swung to a loss of 73 cents per share for the second quarter, from a profit of 58 cents per share a year earlier.

Persons: Brian Snyder, Goodyear, Elliott, Pratyush Thakur, Devika Organizations: U.S, Goodyear Tire, REUTERS, Goodyear Tire &, Elliott Investment Management, Michelin, Bridgestone, Goodyear, Thomson Locations: Somerville , Massachusetts, U.S, Europe, East, Africa, The Ohio, Bengaluru

☆ China's Gotion to set up a $2 billion lithium battery plant in Illinois
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +1 min

Companies Gotion High tech Co Ltd FollowSept 8 (Reuters) - China's Gotion High-tech Co Ltd (002074.SZ) will set up a $2 billion electric vehicle (EV) lithium battery manufacturing plant in Manteno, Illinois that would create about 2,600 new jobs, the state governor's office said on Friday. "Gotion's battery technology will help to boost e-mobility in North America and the economic and trade exchanges between China and the United States," said Gotion chairman Li Zhen. Gotion will be eligible to receive tax benefits totaling $213 million over 30 years and also get $125 million in capital funding from the U.S. state's Reimagining Energy and Vehicles incentive package. Once completed, the facility in Manteno is expected to produce 10 GWh of lithium-ion battery packs and 40 GWh of lithium-ion battery cells, according to the statement. Reporting by Pratyush Thakur in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Persons: Li Zhen, Pratyush Thakur, Shailesh Organizations: Gotion, Co, Global EV, state's Reimagining Energy, Thomson Locations: Manteno , Illinois, North America, China, United States, Manteno, Bengaluru

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