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Saudi Arabia announces plans for six-runway hub airport in Riyadh

RIYADH, Nov 28 (Reuters) - Saudi Crown Prince Mohammed bin Salman announced on Monday plans to transform Riyadh airport into a massive aviation hub with six parallel runways and designed to accommodate up to 120 million travellers by 2030, state news agency SPA reported. Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), will build King Salman International Airport, which should stretch over 57 square kilometres (22.01 square miles) and include current King Khaled airport, S
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China's COVID protests weigh on European shares; Airbus tumbles

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Commodity-linked stocks drop on China slowdown concerns * Brenntag slides on talks to buy U.S. rival (Updates to close) By Sruthi Shankar and Devik Jain Nov 28 (Reuters) - Europe's STOXX 600 index fell on Monday, in line with a rout in global markets on economic jitters due to rare protests in China against stringent COVID-19 curbs, while shares of Airbus slid 5.7% on a report the plane
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Europe ministers tackle sharp increase in space funding

By Tim Hepher PARIS, Nov 22 (Reuters) - European ministers haggled on Tuesday over a proposed 25% boost in space funding over the next three years designed to maintain Europe's lead in Earth observation, expand navigation services and remain a partner in exploration with the United States. The European Space Agency (ESA) is asking its 22 nations to back a budget of some 18.5 billion euros for 2023-25, up from 14.5 billion at its last summit in 2019, in a triennial funding ritual held against a b
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Global air travel demand surprising to the upside, says lessor AerCap

DUBLIN, Nov 3 (Reuters) - Global air travel demand continues to surprise on the upside and demand for long-distance aircraft is particularly strong, the head of the world's top aircraft lessor AerCap said on Thursday. "We are considerably more optimistic about global widebody demand than any others," AerCap AER.N Chief Executive Aengus Kelly told analysts after the release of third-quarter results, referring to the large aircraft used for longer-distance travel.
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UK Stocks-Factors to watch on Oct 18

Oct 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday with futures FFIc1 up 0.84%. * MONEYSUPERMARKET: Moneysupermarket.com MONY.L said it expects annual core profit to be at the upper end of market views. * BELLWAY: Bellway Plc BWY.L warned of moderating demand in recent months, pressured by rising mortgage rates as the housing sector stares at the risk of a slowdown.
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Wall Street Journal - Oct 4

Oct 4 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Boeing Co BA.N and Airbus SE AIR.PA are months behind handing over new single-aisle jets often used for U.S. domestic flights or other short-haul trips, constraining carriers' ability to add flights to meet resurgent demand and plan their schedules, according to company executives and industry officials.
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Airbus sees helicopter lift-off on energy crisis, military spend

By Tim Hepher MARIGNANE, France, Sept 16 (Reuters) - Airbus Helicopters AIR.PA expects new orders and deliveries to keep growing this year, its chief executive told Reuters, as a scramble for new energy supplies and higher military spending accelerate a recovery in the long-sluggish rotary-wing sector. Cushioned by critical public services, helicopter demand suffered less of a battering from COVID-19 than the grounded airline industry.
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Boeing expects more orders from India as airlines boost capacity

By Aditi Shah NEW DELHI, Sept 1 (Reuters) - Boeing Co BA.N expects more orders for its planes from Indian airlines as they boost their capacity to keep pace with rising demand in the world's fastest-growing major aviation market, an executive said on Thursday. Airlines in India are expected to increase their capacity by at least 25% over the next year as post-pandemic air travel demand rebounds quickly, and long-term growth to settle at 7% annually, outpacing other top high-growth markets, Boein
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UK Stocks-Factors to watch on Aug 31

Aug 31 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0.31% on Wednesday. * STRIKE: British rail staff are planning a nationwide 24-hour strike beginning on Sept. 26 over pay, job security and conditions, a union said, the latest in a wave of industrial unrest as inflation outpaces pay rises. * CO-OPERATIVE GROUP: Britain's Co-Operative Group 42TE.L said it had agreed to sell its petrol forecourt estate, comprising 129 sites, to supermarket rival Asda fo
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AerCap sees planemaker production woes boosting lessors

* Travel rebound pushes Q2 revenue up 36% to $1.67 bln * Sees supply chain issues hitting planemakers for years * Predicts lessors share of deliveries to grow to 65% By Padraic Halpin and Tim Hepher DUBLIN/PARIS, Aug 11 (Reuters) - The world's largest aircraft lessor predicted on Thursday that planemakers will be hampered by supply chain issues for years, further slowing new jet deliveries and boosting leasing demand already benefiting from a rebound in air travel.
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Ukraine and Russia: What you need to know right now

(CORRECTS paragraph 8 to remove erroneous reference to plans for Guterres to visit Zaporizhzhia nuclear power station. The Russian Defence Ministry referred to his visit to Ukraine, and did not say he planned to visit the plant.) Aug 18 (Reuters) - Ukrainian forces said they had beaten back a Russian attack in the southern region of Kherson, while shelling by Kremlin forces in Kharkiv in Ukraine's north killed seven people as the near six-month war grinds on with no let up in fighting.
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Kyiv urges travel ban on Russians as Moscow steps up assault in eastern Ukraine

* Some European Union states favour tourism bans on Russians * Ukraine's nuclear chief: 'very high' risks at power plant * Heavy Russian shelling reported along Donbas front * Ukraine says it repels assaults, largely holding lines By Pavel Polityuk KYIV, Aug 9 (Reuters) - Ukraine's president called on the West to impose a blanket travel ban on Russians, an idea that has found support among some European states but angered Moscow, which pressed on with a fierce military offensive in eastern Ukrai
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Wall Street Journal - Aug 4

Aug 4 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Walmart Inc WMT.N is cutting hundreds of corporate roles in a restructuring effort, a week after the retail giant warned of falling profits. Link - Eli Lilly & Co LLY.N said it plans to begin commercial sales of its COVID-19 monoclonal antibody treatment to states, hospitals and other healthcare providers this month, as the federal govern
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China OKs jointly built civil helicopter but no nod yet for Airbus' version

BEIJING/SYDNEY, July 26 (Reuters) - China has granted certification to the AC352 utility helicopter it is jointly producing with Airbus AIR.PA , state media said on Tuesday, even as the European planemaker awaits Beijing's nod to sell its foreign-made equivalent in the Asian nation. Developed by Aviation Industry Corporation of China (AVIC) and Airbus, the AC352 is the locally produced variant of the Airbus H175, which has been in service since 2015 outside China and is designed to perform searc
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China certifies new civil helicopter jointly developed with Airbus

BEIJING/SYDNEY, July 26 (Reuters) - China has certified for use a helicopter jointly developed by a state-run company and Airbus SE AIR.PA , state-controlled media reported on Tuesday. The AC352, developed by Aviation Industry Corporation of China and Airbus, is the locally produced variant of the Airbus H175, which has been in service since 2015 outside China and is designed to perform search and rescue, emergency medical services and law enforcement missions.
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Take Five: It's a Fed hot summer

July 22 - A likely second straight 75 basis point rate hike from the U.S. Federal Reserve will keep markets on their toes in the week ahead, just as investors digest a wave of earnings from corporate America and Europe. The prospect of early elections in Italy after the collapse of the government means there's plenty of political drama too, and Australia's latest inflation numbers may add to pressure on the country's central bank to get ahead of the curve.
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Take Five: It's a Fed hot summer

July 22 - A likely second straight 75 basis point rate hike from the U.S. Federal Reserve will keep markets on their toes in the week ahead, just as investors digest a wave of earnings from corporate America and Europe. The prospect of early elections in Italy after the collapse of the government means there's plenty of political drama too, and Australia's latest inflation numbers may add to pressure on the country's central bank to get ahead of the curve.
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EU blocks proposal to sanction Russian titanium maker Avisma - WSJ

July 21 (Reuters) - The European Union has blocked a proposal to sanction Russian metals company VSMPO-Avisma PJSC VSMO.MM , a critical supplier of titanium to Airbus SE AIR.PA , the Wall Street Journal reported on Thursday, citing EU diplomats. Reporting by Maria Ponnezhath in Bengaluru
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UK Stocks-Factors to watch on July 21

July 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Thursday, with futures FFIc1 up 0.10%. * SSE PLC: British power company SSE Plc SSE.L said its first-quarter performance slightly exceeded its expectations and reiterated its forecast for the full year. * ANGLO AMERICAN: Global miner Anglo American AAL.L reported a 9% fall in second-quarter output.
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Farnborough slow roasts jet deals in scorching heat

By David Shepardson and Tim Hepher FARNBOROUGH, England, July 19 (Reuters) - Boeing BA.N unveiled orders for dozens of 737 MAX jets on Tuesday as Britain's Farnborough Airshow, back after a four-year pandemic-induced hiatus, braved the hottest day on UK record. While the second day of one of the industry's biggest events saw a relatively modest flow of orders, the minds of most aviation bosses were focused on fixing broken supply chains - and ducking from one air-conditioned chalet to another.
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