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BAESystems

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Record numbers at Singapore Airshow as post-COVID boom raises hopes

UPDATE 2-Record numbers at Singapore Airshow as post-COVID boom raises hopes About 60,000 trade delegates at Singapore show, a record number Attendees say supply chain concerns linger after pandemic China's COMAC makes first C919 flight outside home market Updated with final figures of trade attendees By Xinghui Kok SINGAPORE, Feb 23 (Reuters) - Record numbers attended the trade section of the first fully post-pandemic Singapore Airshow this week, with exhibitors and delegates optimistic about t
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Energy M&A flows downstream from Big Oil

BREAKINGVIEWS-Energy M&A flows downstream from Big Oil The author is a Reuters Breakingviews columnist. The opinions expressed are their own. NEW YORK, Feb 22 (Reuters Breakingviews) - The oil deals keep flowing downstream. Chord Energy’s CHRD.O is the latest, saying on Thursday that it would join forces with Canada’s Enerplus ERF.TO . At only about 287,000 of combined barrels of oil equivalent last quarter, the $11 billion mostly-stock combination lacks Exxon Mobil’s XOM.N or Chevron’s
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Lloyds motor claims crash has a well-padded airbag

BREAKINGVIEWS-Lloyds motor claims crash has a well-padded airbag The author is a Reuters Breakingviews columnist. The opinions expressed are their own. LONDON, Feb 22 (Reuters Breakingviews) - Lloyds Banking Group LLOY.L has started the ball rolling on another claims saga. The Financial Conduct Authority is looking into whether companies like the UK lender, Volkswagen Financial Services and Close Brothers CBRO.L overcharged customers taking out financing agreements when they leased cars, by sett
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BAE Systems’ war dividend has already paid off

BREAKINGVIEWS-BAE Systems’ war dividend has already paid off The author is a Reuters Breakingviews columnist. The opinions expressed are their own. Refiles to remove extraneous word in first paragraph. MILAN, Feb 21 (Reuters Breakingviews) - BAE Systems BAES.L has had another good year but investors already knew that. In 2024, sales at the British defence firm grew 9% year-on-year to 25.3 billion pounds while underlying earnings per share rose 14% to 63.2 pence.
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Turkey's KAAN fighter jet conducts first flight

Turkey's KAAN fighter jet conducts first flight ANKARA, Feb 21 (Reuters) - Turkey's KAAN, its first national combat aircraft, completed its first flight on Wednesday, part of the country's efforts to upgrade its air force. NATO member Turkey launched its TF-X project to produce a national combat aircraft in 2016. Turkish aerospace firm TUSAS signed a deal with Britain's BAE Systems BAES.L worth $125 million in 2017 to develop the next-generation fighter jet.
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