European Council President Donald Tusk put pressure on EU leaders on Wednesday to swiftly agree on who should hold the bloc’s top jobs but a tug-of-war between Germany and France was likely to prevent a deal at a summit on Thursday.
Airbus sealed deals with big name buyers for its latest passenger jet at the Paris Airshow on Wednesday, battling back from the potential loss of a major customer a day earlier when IAG placed a lifeline order for Boeing’s grounded 737 MAX jet.
- Airbus fights back with big name buyers after Boeing showstopper (Reuters: Jun 19, 2019 at 2:24 PM)
London financial firms refrain from building up further reserves in the euro area until last minute
Manufacturing output in the United Kingdom has fallen to its lowest level in over three years due to the ongoing Brexit uncertainty, the Confederation of British Industry (CBI) said on Wednesday, urging the new prime minister who will succeed Theresa May to quickly resolve the Brexit deadlock.
As European leaders prepare for another round of horse-trading in Brussels this week, one candidate is emerging from the sidelines who could fit the bill to become the bloc’s top executive.
European Council President Donald Tusk said on Wednesday that he was “cautiously optimistic” that EU leaders would agree names to hold the bloc’s top jobs when they meet in Brussels on Thursday.
Several financial services firms in London are refraining from building up further reserves in the euro area until closer to the October Brexit deadline.
Britain’s next prime minister must make it their “overriding” priority to protect London’s globally competitive position in finance after Brexit, financial services minister John Glen said on Tuesday.
The Consumer Prices Index rose by 2% in the 12 months to May, down from 2.1% in the previous month.
Airbus struck a 50-plane deal with veteran low-cost airline investor Bill Franke on Wednesday, bouncing back from the potential loss of a major customer a day earlier when IAG placed a lifeline order for Boeing’s grounded 737 MAX jet.