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☆ Airlines suspend Israel flights amid Gaza war
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +2 min

Here are airlines that have temporarily halted flights to and from Israel:AMERICASOn Sunday, U.S. carriers United Airlines (UAL.O), Delta Air Lines (DAL.N) and American Airlines (AAL.O) suspended direct flights to Tel Aviv. ASIAHainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, cancelled flights between Tel Aviv and Shanghai on Monday. EUROPEAll airlines owned by Germany's Lufthansa (LHAG.DE) cancelled flights to and from Tel Aviv through Monday. Britain's easyjet (EZJ.L) halted flights with Tel Aviv on Sunday and Monday, and would adjust the timing of flights in the next few days. Portugal's TAP cancelled flights to and from Tel Aviv scheduled for Sunday and Monday.

Persons: Britain's, Finland's, Monday . Virgin Atlantic, Alessandro Parodi, Milla Nissi, Bernadette Baum Organizations: Israeli, El, Abu Dhabi International Airport, United, United Arab Emirates, Presidential Affairs, REUTERS, Sunday, United Airlines, Delta Air Lines, American Airlines, Tel Aviv . United, ASIA Hainan Airlines, . Cathay, HK, . Korean, Germany's Lufthansa, Air France KLM, Portugal's TAP, Iberia Express, Monday . Virgin, Etihad Airways, Thomson Locations: Abu Dhabi, United Arab, Handout, Tel Aviv, Israel, U.S, ASIA, China, Shanghai, Hong Kong, Incheon, EUROPE, Madrid, Gdansk

☆ Most casualties in recent Afghan earthquakes are women, children -WHO
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +3 min

"Two-thirds of those with severe injuries who are admitted in the hospital I have seen yesterday are children and women," he said, referring to his time in Herat following the quake. He also warned that financing the humanitarian operations remained critical, with global attention and funding shifting away from Afghanistan. AbouZeid said it was "devastating" to see the number of children in hospital in critical condition. REUTERS/Ali Khara Acquire Licensing Rights"I have seen a child like 3-4 months old with head trauma, due to the earthquake," he said. While the response teams saved many lives, hospitals need to be better equipped to deal with further casualties and similar situations in future, he said.

Persons: Alaa AbouZeid, AbouZeid, Zinda Jan, Ali Khara, Gibran Peshimam, Bernadette Baum Organizations: Health, Reuters, REUTERS, Thomson Locations: Afghanistan KABUL, Afghanistan, temblors, Turkey, Syria, Herat, East, Ukraine, Zinda

☆ Most Casualties in Recent Afghan Earthquakes Are Women, Children -WHO
▼ + stars: | 2023-10-09 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

KABUL (Reuters) - Women and children make up two-thirds of the victims of the recent earthquakes in Afghanistan who were hospitalized with severe injuries, the head of the World Health Organization's emergency response in the country said on Monday. "Two-thirds of those with severe injuries who are admitted in the hospital I have seen yesterday are children and women," he said, referring to his time in Herat following the quake. AbouZeid said it was "devastating" to see the number of children in hospital in critical condition. The WHO's response teams were taking the matter seriously, given the impact of such injuries on the victim and their families who would need to support them in the long run, he said. While the response teams saved many lives, hospitals need to be better equipped to deal with further casualties and similar situations in future, he said.

Persons: Alaa AbouZeid, AbouZeid, Gibran Peshimam, Bernadette Baum Organizations: Health, Reuters Locations: KABUL, Afghanistan, temblors, Turkey, Syria, Herat, East, Ukraine

Fund managers sold a total of 57 million barrels over latest two weeks after having purchased 398 million barrels over the previous 12 weeks since the end of June. Hedge funds and other money managers sold the equivalent of 3 million barrels over the week ended Oct. 3. Fund managers have sold gasoline in each of the latest three weeks by a total of 22 million barrels since Sept. 12. As a result, the net position has been cut to 48 million barrels (42nd percentile) from 71 million (77th percentile). Funds held a net long position of just 9 billion cubic feet (32nd percentile since 2010) down from a recent high of 743 billion cubic feet (48th percentile) on July 11.

Persons: Cushing, Brent, John Kemp, Bernadette Baum Organizations: REUTERS, ICE, U.S, Henry Hub, U.S . Commodity Futures Trading Commission, Funds, Thomson, Reuters Locations: Cushing , Oklahoma, U.S, Israel, Chartbook, Brent, NYMEX, Louisiana, Pacific, United States

☆ Morning Bid: Oil up but restrained on Mideast jolt
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +5 min

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. U.S. crude oil prices rose about 3% higher on Monday as Israel retaliated for Saturday's shock attack by the Islamist group Hamas. With concern about a spillover over the long-running conflict to the wider stage, oil and other traditional global 'safety' plays caught a bid. What's more, any direct connection to Iran's possible involvement would scupper any easing of sanctions there and affect an estimated 3% of world oil supply. A sustained oil price rise from here could aggravate the inflation picture the Fed is negotiating - but could also drag on growth too.

Persons: Nick Oxford, Mike Dolan, Israel, What's, Friday's, Jaime Gilinski, Michael Barr, Philip Jefferson, Lorie Logan, Bank of England policymaker Catherine Mann, Bernadette Baum Organizations: Midland , Texas U.S, REUTERS, Hamas, Saudi, White, Street, Tehran, Treasury, U.S, Columbus Day, New York Stock Exchange, Nasdaq, Stock, Tel, Bank of Israel, Federal Reserve, Metro Bank, Metro, Columbus, Federal, NYSE, World Bank, IMF, Dallas Fed, Bank of England, United, Thomson, Reuters Locations: Midland , Texas, U.S, Iran, Saudi Arabia, Israel, Saudi, Russia, Tel Aviv, Europe, Marrakesh, Morocco, United States

☆ Israel markets sink, businesses shut after Hamas attack
▼ + stars: | 2023-10-08 | by ( Steven Scheer | ) www.reuters.com time to read: +4 min

A building is ablaze following rocket attacks from the Gaza Strip, in Tel Aviv, Israel October 7, 2023. Israel has retaliated with air strikes on Hamas targets in Gaza. Gaza militants also fired thousands of rockets into Israel, some reaching as far as Tel Aviv, prompting airlines to suspend flights to and from Israel. Air India said flights to and from Tel Aviv would be suspended until Oct. 14. "We are closely monitoring the situation in Israel and taking steps to safeguard and support our workers," a spokesman said.

Persons: Ron, Jonathan Katz, Bezalel Smotrich, Arkia, Israir, Jensen Huang, Ron Tomer, Steven Scheer, Bernadette Baum Organizations: REUTERS, Rights, Key Tel, Capital Markets, Bank of Israel, Hamas, Israel . Finance, Bank, Israel, AIR, Delta Air Lines, United Airlines, Nvidia, Tel, Manufacturers, Association, Intel Corp, Tower Semiconductor, Thomson Locations: Gaza, Tel Aviv, Israel, Key, Key Tel Aviv, New York, Atlanta, TLV, India, Athens, Larnaca, Cyprus

Shawbrook is considering a potential new bid for London-listed Metro Bank after several failed approaches earlier in the year, people familiar with the matter also told Reuters. Metro Bank, Lloyds and Santander did not immediately respond to a request for comment. Metro Bank has seen its shares tumble after news emerged that it had hired advisers to shore up its balance sheet after failing to gain key capital relief from banking regulators. Metro Bank said on Thursday its options included a combination of equity and debt issuance, as well as refinancing and asset sales. While Metro Bank's customer deposits, like those of other UK banks, are backed by a government guarantee up to 85,000 pounds, the regulator is keen for concerns not to spread.

Persons: Shawbrook, Robey Warshaw, Elisa Martinuzzi, Pablo Mayo Cerquerio, Iain Withers, Amy, Jo Crowley, Bernadette Baum, Ros Russell Organizations: Prudential, Authority, Metro Bank, HSBC, Lloyds, London, Reuters, The Financial Times, JPMorgan, Metro, Sky News, Santander, Shawbrook, Thomson

☆ Germany mulls possible aid suspension to Palestinians after Hamas attack
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +2 min

Israel supporters protest, following Hamas' biggest attack on Israel in years, next to the Brandenburg Gate, in Berlin, Germany, October 8, 2023. "We will now review our entire engagement for the Palestinian territories." But pushback came from the opposition Left party and the Greens, junior partner in the federal coalition. Hamas, and not all Palestinians, were responsible for the attack, said Gregor Gysi, a prominent member of the Left party. "These funds above all gave suffering people in the Palestinian territories access to food provisions and health care."

Persons: Israel, Liesa, Svenja Schulze, Armin Laschet, Mahmoud Abbas, pushback, Gregor Gysi, Luise Amtsberg, Markus Wacket, Sarah Marsh, Ros Russell, Bernadette Baum Organizations: REUTERS, Rights, Palestinian, Hamas, . Development, Social Democrats, West Bank, Left, Greens, Palestinian Authority, United Nations, Thomson Locations: Israel, Brandenburg, Berlin, Germany, Palestinian, Europe

☆ Islamic jihad faction holding over 30 Israelis captive, its chief says
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: 1 min

Ziad Al-Nakhala, Islamic Jihad's deputy leader, arrives at a hotel with other Palestinian negotiators after negotiations in Cairo August 13, 2014. REUTERS/Asmaa Waguih/File Photo Acquire Licensing RightsCAIRO, Oct 8 (Reuters) - Islamic Jihad chief Ziad al-Nakhala said on Sunday that his faction was holding captive more than 30 of the Israelis who were abducted in the Gaza Strip since Saturday after Hamas launched attacks on Israel. The captives will not be repatriated "till all of our prisoners are released," al-Nakhala added, referring to thousands of Palestinians who are in Israeli prisons. Reporting by Nidal Al Mughrabi, Ali Sawafta, writing by Muhammad Al Gebaly; Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Ziad Al, Asmaa, Ziad al, Nakhala, Nidal Al Mughrabi, Ali Sawafta, Muhammad Al Gebaly, Bernadette Baum Organizations: Islamic, REUTERS, Rights, Thomson Locations: Cairo, Rights CAIRO, Gaza, Israel

☆ Major Gulf bourses drop amid surging Gaza-Israel conflict
▼ + stars: | 2023-10-08 | by ( Md Manzer Hussain | ) www.reuters.com time to read: +1 min

REUTERS/Mohammed Salem Acquire Licensing RightsOct 8 (Reuters) - Major stock markets in the Gulf tumbled on Sunday amid worries that rising conflict between Palestinian group Hamas and Israel threatens to spiral. The index was dragged down by losses in all sectors, with Lumi Rental (4262.SE) down 5% and Etihad Atheeb Telecommunication (7040.SE) dropping 5.3%. Saudi Aramco Base Oil (2223.SE) (Luberef)dropped 6.8% and the world's largest Islamic bank by assets, Al Rajhi Bank(1120.SE) slipped 2.1%. The Qatari index (.QSI) fell for a third straight session, ending 0.6% lower, with most sectors in the red. Outside the Gulf, Egypt's blue-chip index (.EGX30) plunged 2.6%, the steepest drop in nearly three months.

Persons: Mohammed Salem, Md Manzer Hussain, Bernadette Baum Organizations: REUTERS, Lumi, Etihad Atheeb Telecommunication, Saudi Aramco Base Oil, Al Rajhi Bank, . Industries Qatar, Commercial Bank, Commercial International Bank, Finance, Digital, Financial, Telecom Egypt, Fawry Banking, Thomson Locations: Gaza City, Palestinian, Israel, Gaza, East, Saudi

☆ What's causing the chronic haze across Southeast Asia?
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +4 min

Despite pleas by Malaysia this week not to "normalise" the haze, Indonesia has flatly denied any responsibility. Global consumption of palm oil, used in a wide range of products such as cookies, candles and as a cooking oil, is growing rapidly. Palm oil is the world's most used edible oil, accounting for 60% of global vegetable oil exports. For Indonesia, the world's biggest palm oil producer, the product is one of the biggest export earners after coal. Export earnings from palm oil and its derivatives stood at $39.28 billion in 2022, according to the Indonesian Palm Oil Association.

Persons: Siti Nurbaya Bakar, Ananda Teresia, Kate Lamb, Bernadette Christina, Naveen Thukral Organizations: of Southeast Asian Nations, Control, ACC, El, Greenpeace, Indonesian Palm Oil Association, Thomson Locations: JAKARTA, Southeast Asia, Indonesian, WHAT'S, Malaysia, Indonesia, Borneo, Singapore, Greenpeace Indonesia

☆ Explainer: What's causing the chronic haze across Southeast Asia?
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +4 min

☆ Key Republican backs Biden nominee to head FAA
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +1 min

Senator Ted Cruz (R-TX) departs the U.S. Capitol building on Capitol Hill in Washington, U.S., April 26, 2023. REUTERS/Nathan Howard/ File Photo Acquire Licensing RightsWASHINGTON, Oct 5 (Reuters) - A key Senate Republican said Thursday he plans to support the White House nominee to head the Federal Aviation Administration (FAA) as the agency addresses a series of near-miss incidents and air traffic controller staffing shortages. "The FAA is in desperate need of independent leadership willing to challenge the status quo," said Senator Ted Cruz, the top Republican on the Senate Commerce Committee in a statement to Reuters. He said Whitaker "has expressly committed to focus on the FAA's primary responsibility, which is ensuring the safety of our national aerospace." Reporting by David Shepardson Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Ted Cruz, Nathan Howard, Joe Biden, Michael Whitaker, Barack Obama, Whitaker, David Shepardson, Bernadette Baum Organizations: U.S . Capitol, REUTERS, Rights, Republican, White House, Federal Aviation Administration, Hyundai, FAA, Senate, Reuters, Thomson Locations: Washington , U.S, KS

☆ German sanctions officers raid Russian citizen's properties in Bavaria
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +1 min

Russian businessman and founder of USM Holdings Alisher Usmanov attends a session during the Week of Russian Business, organized by the Russian Union of Industrialists and Entrepreneurs (RSPP), in Moscow, Russia March 16, 2017. REUTERS/Sergei Karpukhin/File Photo Acquire Licensing RightsBERLIN, Oct 5 (Reuters) - German police and customs officers on Thursday searched several properties in southern Germany belonging to a Russian national in relation to assets frozen under European Union sanctions, customs officials said. A source familiar with the matter told Reuters that Russian oligarch Alisher Usmanov was the target of the operation. A special commission dubbed "Matryoshka", set up by the German customs authority's sanctions office, said in a statement that officers searched properties in greater Munich and Tegernsee in Bavaria. The German customs authority's special commission said it was acting on court search warrants.

Persons: Usmanov, Sergei Karpukhin, Miranda Murray, Joern Poltz, Rachel More, Friederike Heine, Bernadette Baum Organizations: USM Holdings, Russian, Industrialists, Entrepreneurs, REUTERS, Rights, Union, Reuters, Usmanov, Thomson Locations: Russian Union, Moscow, Russia, Germany, Russian, Uzbek, Ukraine, Munich, Tegernsee, Bavaria, Rottach

☆ Israeli troops kill two Palestinian gunmen, suspected shooter, in West Bank
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

[1/5] A Palestinian protestor kicks a tear-gas canister during clashes with the Israeli forces, near Tulkarm, in the Israeli-occupied West Bank, October 5, 2023. REUTERS/Raneen Sawafta Acquire Licensing RightsTULKARM, West Bank, Oct 5 (Reuters) - Two Palestinian gunmen were killed and five Israeli soldiers were wounded in occupied West Bank clashes on Thursday and Israeli troops killed the suspect in a later shooting attack on Israeli motorists. It said a pursuit and gunfight ensued, and soldiers killed the two men before recovering an assault rifle from their car. Hours later, a suspected Palestinian gunman shot at an Israeli vehicle driving through the village of Huwara, emergency services said. The West Bank, among the territories where Palestinians seek statehood, has experienced a surge of violence in recent months amid an almost decade-old impasse in U.S.-sponsored peacemaking.

Persons: Raneen, Jihad, Ali Sawafta, Nidal, Bernadette Baum, Howard Goller Organizations: West Bank, REUTERS, Hamas, Reuters, Palestinian Health Ministry, Thomson Locations: Palestinian, Tulkarm, TULKARM, West, Huwara

The government last week revisited a 40% tax on banks' net interest margin (NIM) that it had introduced in a shock move in August. Lenders now have the option to boost reserves by an amount equivalent to 2.5 times the tax. Economy Minister Giancarlo Giorgetti said on Sept. 27 the final outcome of the process would be "a great bank policy measure" that makes Italy's banks the strongest in Europe. The law requires banks that forego the tax to set aside money under ad hoc reserves in their accounts. If forced to boost capital through the ad hoc reserves, banks can use larger buybacks over time to compensate shareholders, one of the sources said.

Persons: Giancarlo Giorgetti, Remo Casilli, Banks, Luigi Lovaglio, Andrea Orcel, Giorgia Meloni, Giorgetti, Bernadette Baum Organizations: REUTERS, Treasury, Economy, European Central Bank, Monte, Thomson Locations: Rome, Italy, ROME, Europe, Monte dei, Siena

REUTERS/Athit Perawongmetha/ File Photo Acquire Licensing RightsBANGKOK, Oct 4 (Reuters) - Thailand will close legal loopholes relating to firearm classification and online sales in its gun control efforts, its police chief said on Wednesday, a day after a teenager was arrested following a deadly shooting at a mall that left two people dead. Existing Thai laws on the possession of illegal firearms carry a prison sentence of up to 10 years and a fine of up to 20,000 Thai baht($539.67). Laws have tightened after mass shootings in recent years in Thailand, including a requirement for a medical evaluation for those who want to buy a gun or renew their gun license. And in 2020, a soldier shot and killed at least 29 people in another northeastern Thai city. "The government should learn the lessons from past mass shooting incidents, review the proposed solutions and quickly implement them," Krisanaphong said.

Persons: Athit, Torsak Sukvimol, Torsak, Lazada, Krisanaphong, Panu, Poppy McPherson, Devjyot Ghoshal, Bernadette Baum, Alexandra Hudson Organizations: REUTERS, Rights, Authorities, Thailand's Channel, Rangsit University, Reuters, Singapore's, Alexandra Hudson Our, Thomson Locations: Siam, Bangkok, Thailand, Rights BANGKOK, Southeast Asia, Thai

☆ Toxic smoke from Croatia depot fire spreads in region, may spell ecological risks
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

Residents near the outskirts of Osijek where the fire began were urged to remain indoors and keep windows shut as clouds of thick, black smoke enshrouded the area. Schools were closed and there were unconfirmed reports the smoke was moving towards Bosnia in the south. Ivan Anušić, governor of the Osijek-Baranja region, accused the owners of the depot, Drava International, which makes plastics, of neglect and violations of law. "This has created an ecological disaster which will hit the whole region, and some neighbouring (regions) as well." [1/5]A firefighter stands near the fire at Drava International factory near Osijek, Croatia, October 4, 2023.

Persons: Ivan Anušić, Anusic, Antonio Bronic, Dragan Vulin, Zeljko, Daria Sito, Bernadette Baum Organizations: Residents, Drava, REUTERS, Reuters Television, Thomson Locations: OSIJEK, Croatia, Croatian, Osijek, Bosnia, Baranja, Drava's

☆ ECB's Centeno says rate cycle likely completed, inflation retreating
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

LISBON, Oct 4 (Reuters) - The cycle of interest rate hikes by the European Central Bank has likely come to an end as inflation across the euro zone is retreating faster then it rose, ECB Governing Council member Mario Centeno said on Wednesday. "We can expect that the rate cycle has been completed by now, and with present conditions," he told reporters in Lisbon. Centeno warned that even as the ECB's nominal interest rates could now remain stable due to declining inflation, real interest rates that directly impact companies, households and economies were still expected to increase, requiring "some caution with decisions in the near future". "The transmission of monetary policy is delayed in time, takes time to happen and does not impact all countries in the same way at the same time," Centeno added. Reporting by Sergio Goncalves, edititng by Andrei Khalip, Bernadette Baum and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: Mario Centeno, Centeno, Sergio Goncalves, edititng, Andrei Khalip, Bernadette Baum, Sharon Singleton Organizations: European Central Bank, ECB, Thomson Locations: LISBON, Lisbon

☆ Driver may have fallen ill before fatal Venice bus crash
▼ + stars: | 2023-10-04 | by ( Claudia Greco | ) www.reuters.com time to read: +3 min

[1/6] Flowers are seen at the site where a coach crashed off an overpass in Mestre, Italy, October 4, 2023. Five Ukrainians, a German and the Italian bus driver were among those killed, Venice's prefect Michele Di Bari, the local representative of the interior ministry, said on Wednesday. "We presume the driver may have fallen ill," Veneto regional president Luca Zaia told Rtl 102.5 radio. The bus had been ferrying the tourists back to a campsite in nearby Marghera after a day out in Venice. "I think the driver had an illness, because otherwise I can't explain it," Fiorese said, adding that the driver had started his shift less than two hours before the crash.

Persons: Claudia Greco, Michele Di Bari, Luca Zaia, Di Bari, Volodymyr Zelenskiy, Corriere, Massimo Fiorese, Corriere della Sera, Fiorese, Alvise Armellini, Keith Weir, Bernadette Baum, Gavin Jones, Gareth Jones Organizations: REUTERS, Rtl, Corriere della Sera, Thomson Locations: Mestre, Italy, Venice Italian, VENICE, Venice, Veneto, Croatian, Marghera, Nigeria

☆ Morning Bid: Bond steamroller flattens all
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +5 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. That's all on top of the ongoing rethink of the Fed's long-term rate horizon and increasingly high-pressure economy. Hit from all sides, the Treasury market is simply in ructions - catalysed perhaps by technical, speculative and positioning factors too. Ten-year yields hit a whopping 4.88% early on Wednesday - an increase of 80 basis points in little over a month. And implied volatility in the bond market (.MOVE) hit its highest since May.

Persons: Florence Lo, Mike Dolan, Kevin McCarthy, Michelle Bowman, Austan Goolsbee, Jeffrey Schmid, St, Louis Fed, Kathleen O'Neill Paese, Mehmet Simsek, Bernadette Baum Organizations: U.S, REUTERS, Congress, riven, Federal Reserve, Bank of, Treasury, Nasdaq, Reserve Bank of New, P Global, U.S . Federal Reserve, Chicago Fed, Kansas City Fed, Turkish, Thomson, Reuters Locations: U.S, Washington, Asia, Europe, Reserve Bank of New Zealand, Kansas, London

A United Airlines Airbus A319-100 jet takes off from Washington National Airport in Washington, U.S., August 9, 2017. The latest order is the second major aircraft purchase by United over the past year. In December, it unveiled a huge order of 100 Boeing 787 Dreamliners and 100 737 MAXs. The large 787 order is likely to raise further questions about the future of outstanding United orders for 45 Airbus A350s which have already been deferred to at least 2030. Nocella said while A350 is a "great machine" and there is no change in the company's order, United is focused on its 787 fleet in the short-run.

Persons: Joshua Roberts, Andrew Nocella, Nocella, It's, Valerie Insinna, Rajesh Kumar Singh, Mehr Bedi, Tim Hepher, David Shepardson, Shounak Dasgupta, William Maclean, Bernadette Baum, David Gregorio, Aurora Ellis Organizations: United Airlines Airbus, Washington National Airport, REUTERS, United Airlines, Tuesday, Boeing, Airbus, Reuters, Air Canada, Air France, KLM, U.S, United, Thomson Locations: Washington , U.S, Chicago, United, North America, U.S, Washington, Bengaluru

☆ United Airlines to announce order for 110 Airbus, Boeing jets -sources
▼ + stars: | 2023-10-03 | by ( Valerie Insinna | ) www.reuters.com time to read: +2 min

A United Airlines Airbus A319-100 jet takes off from Washington National Airport in Washington, U.S., August 9, 2017. Airbus, Boeing and United declined to comment. Demand has rebounded for long distance widebody jets to meet international travel demand. Weakening pricing power in United's domestic market has sparked concerns about travel demand, reflected in airline share prices. At the time, the order sparked concerns about United Airlines' balance sheet.

Persons: Joshua Roberts, Richard Aboulafia, Jefferies, Aboulafia, Valerie Insinna, Mehr Bedi, Tim Hepher, David Shepardson, Shounak Dasgupta, William Maclean, Bernadette Baum, David Gregorio Our Organizations: United Airlines Airbus, Washington National Airport, REUTERS, Rights, United Airlines, Boeing, Airbus, Reuters, United, Air Canada, Air France, KLM, NYSE, Carriers, Thomson Locations: Washington , U.S, Washington, Bengaluru

☆ Banks stocks back in vogue for hedge funds in September -Morgan Stanley
▼ + stars: | 2023-10-03 | by ( Nell Mackenzie | ) www.reuters.com time to read: +2 min

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in New York, U.S. April 17, 2017. Both long and short exposure to all European stocks still sat at relatively low levels for U.S. and European hedge funds. U.S.-based managers' holdings of European equities remain at relatively lower levels than has historically been the case, while European hedge funds' positions in Europe are near their lowest levels since 2010, Morgan Stanley said. European hedge funds have higher exposure to companies listed in the U.S. and Asian countries other than Japan. Morgan Stanley, as one of the biggest providers of lending and trading services to hedge funds, is able to track their investment trends.

Persons: Morgan Stanley, Shannon Stapleton, Morgan Stanley's, Nell Mackenzie, Bernadette Baum Organizations: REUTERS, Global, North, U.S, Thomson Locations: New York, U.S, Europe, Japan

☆ HMD starts making Nokia phones in Europe, launches 5G smartphone
▼ + stars: | 2023-10-03 | by ( Paul Sandle | ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsLONDON, Oct 3 (Reuters) - HMD Global, which makes Nokia-branded phones, has become the first major smartphone company to manufacture devices in Europe with its first made-in-Hungary 5G model, aimed at data security-conscious customers, now available for purchase. "We are thrilled to be manufacturing the Nokia XR21, our signature rugged 5G smartphone, in Europe," HMD Global co-founder, chairman and CEO Jean-Francois Baril said on Tuesday. Before HMD opened its Hungarian operations, Europe had no large-scale smartphone manufacturing as major companies like Apple and Samsung make their phones in Asia to keep costs down. HMD signed an exclusive 10-year licensing agreement with Nokia Oyj (NOKIA.HE), once the world's largest phone maker, in 2016 to make Nokia-branded smartphones and tablets. The Nokia XR21 European edition is priced from 649 euros, or 549 pounds, the company said.

Persons: Brendan McDermid, Jean, Francois Baril, HMD, Baril, Paul Sandle, Bernadette Baum Organizations: Nokia Corporation, New York Stock Exchange, REUTERS, Nokia, Apple, Samsung, U.S ., European Union, Thomson Locations: New York City, U.S, Europe, Hungary, Asia, China, Finland

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