Struggle for skilled workers in spotlight at Farnborough Airshow Aerospace sector faces talent shortage If it were a country, it would have 4.4% unemployment -McKinsey Sees rising competition for engineers from AI sector STEM education, gender diversity seen key to addressing problem By Tim Hepher, Allison Lampert and David Shepardson FARNBOROUGH, England, July 26 (Reuters) - Germany's Lilium Jet has a queue of young engineers and students waiting to board thanks to the interest of a five-year-o

DIARY-UK corporate earnings week ahead July 26 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 29-Jul-2024 BMO PSON.L Pearson PLC Half Year 2024 Pearson PLC Earnings Release 30-Jul-2024 22:30 RIO.L RIO.AX Rio Tinto PLC Rio Tinto Ltd Half Year 2024 Rio Tinto PLC Earnings Release 30-Jul-2024 NTS FRES.L Fresnillo PLC Half Year 2024 Fresnillo PLC Earnings Release 30-Jul-2024 NTS BP.L BP PLC Q2 2024 BP PLC Earn

Jetmaking industrial problems overshadow orders at damp air show By Tim Hepher, Allison Lampert and David Shepardson FARNBOROUGH, England, July 25 (Reuters) - The world's largest air show fizzled out on Thursday with a solid new Saudi jetliner order unable to dispel the gloom over recent problems in producing planes fast enough to meet demand. Britain's Farnborough Airshow opened earlier this week amid alarm signals from airlines over falling yields or average fares.

Embraer opens P&W repair hub as demand for engine maintenance rockets By Gabriel Araujo SAO PAULO, July 25 (Reuters) - Brazilian planemaker Embraer EMBR3.SA on Thursday opened a maintenance hub for Pratt & Whitney (P&W) engines in Portugal, which it expects to bring in an additional 600 million euros ($653 million) in revenues per year once fully operational.

BRIEF-Rolls Royce Awards £85 Mln Multi-Year Contract To \Castle Precision Engineering July 25 (Reuters) - Rolls-Royce Holdings PLC RR.L : ROLLS ROYCE - AWARDS £85M MULTI-YEAR CONTRACT TO GLASGOW’S CASTLE PRECISION ENGINEERING Source text for Eikon: [ID:] Further company coverage: RR.L

BRIEF-Rolls Royce Rolls, Vietjet Sign Service Agreement For 40 Trent 7000 Engines July 24 (Reuters) - Rolls-Royce Holdings PLC RR.L : ROLLS ROYCE: ROLLS-ROYCE AND VIETJET SIGN TOTALCARE AGREEMENT FOR 40 TRENT 7000 ENGINES: 24 JULY 2024 ROLLS ROYCE - SIGNED SERVICE AGREEMENT WITH VIETJET Further company coverage: RR.L

BRIEF-Rolls-Royce And Vietjet Sign TotalCare Agreement For 40 Trent 7000 Engines July 24 (Reuters) - Rolls-Royce Holdings PLC RR.L : ROLLS-ROYCE AND VIETJET SIGN TOTALCARE AGREEMENT FOR 40 TRENT 7000 ENGINES Further company coverage: RR.L

UPDATE 1-Miners, energy shares drag FTSE 100 lower FTSE 100 down 0.4%, FTSE 250 off 0.2% Copper miners hit over three-month low Compass Group raises profit and revenue forecasts; shares gain Updated at 1550 GMT By Purvi Agarwal and Roshan Abraham July 23 (Reuters) - Britain's FTSE 100 closed lower on Tuesday, pressured by commodity-linked stocks which tracked declines in prices of oil and copper, while positive earning updates from companies helped offset declines.

UPDATE 1-Rolls-Royce exploring technology for narrow-body jet market Adds quote, details FARNBOROUGH, England, July 23 (Reuters) - Rolls-Royce RR.L is developing a smaller version of its Ultrafan engine demonstrator aimed at exploring technology for the next generation of narrow-body jets, CEO Tufan Erginbilgic said on Tuesday. "We are now progressing towards a demonstrator on what I call small engines, ie narrow-body," Erginbilgic told reporters at the Farnborough Airshow, adding the company wa

BRIEF-Rolls Royce Says Virgin Atlantic To Place Order For 14 Additional Trent 7000 Engines July 23 (Reuters) - Rolls-Royce Holdings PLC RR.L : ROLLS ROYCE: VIRGIN ATLANTIC AGREED TO PLACE ORDER FOR 14 ADDITIONAL TRENT 7000 ENGINES TO POWER SEVEN AIRBUS A330NEO Further company coverage: RR.L

UPDATE 2-Starmer says UK warplane capability important amid defence review Adds quotes on progress in paragraphs 5-6, new partners in 12-13 By Paul Sandle FARNBOROUGH, England, July 22 (Reuters) - Prime Minister Keir Starmer on Monday stressed the importance of Britain's fighter jet capability, but stopped short of guaranteeing its next generation combat air programme with Japan and Italy would not be affected by a defence policy review.

SNAPSHOT-Latest from the Farnborough Airshow July 25 (Reuters) - Aerospace leaders are meeting at the Farnborough Airshow in southern England this week amid rising geopolitical tensions and supply chain challenges. Following are highlights of Reuters' coverage of the event. LATEST NEWS * Low-cost Saudi airline flynas signs a memorandum of understanding for 75 Airbus A320neos and 15 A330-900s.

BRIEF-Leonardo Unveils New Concept Model Of Next Generation Combat Aircraft July 22 (Reuters) - Leonardo Spa LDOF.MI : GLOBAL COMBAT AIR PROGRAMME PARTNERS UNVEIL NEW CONCEPT MODEL OF NEXT GENERATION COMBAT AIRCRAFT GLOBAL COMBAT COMBAT AIRCRAFT SET TO BE IN SERVICE IN 2035 NEXT GENERATION COMBAT AIRCRAFT BEING DEVELOPED BY GCAP TO BE KNOWN AS TEMP

BRIEF-Rolls Royce Gets Order For Large-Scale Battery Storage System July 15 (Reuters) - Rolls-Royce Holdings PLC RR.L : ROLLS ROYCE - GOT ORDER FROM BATTERY PARK ZEEWOLDE (BPZ) TO SUPPLY LARGE-SCALE BATTERY STORAGE SYSTEM Source text for Eikon: [ID:] Further company coverage: RR.L

AMD to acquire Finnish startup Silo AI for $665 mln to step up in AI race By Max A. Cherney July 10 (Reuters) - Advanced Micro Devices AMD.O said on Wednesday it will acquire Finnish artificial intelligence startup Silo AI for about $665 million in cash as the company tries to enhance its AI chip capabilities to compete against industry leader Nvidia.

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p

Local politicians raise fears over Spirit Belfast factory deal By Amanda Ferguson BELFAST, July 1 (Reuters) - Politicians raised concerns on Monday about jobs not secured in Airbus' AIR.PA takeover of the bulk of production at Spirit AeroSystems SPR.N plant in Belfast, one of Northern Ireland's biggest employers. Airbus' move to take control of the core activities at four Spirit plants, including in Belfast where the fuselage supplier employs around 3,600 people, was part of Boeing's BA.N $4.7 b

UPDATE 2-European shares fall as Airbus leads aerospace sell-off For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Airbus tumbles on profit warning Industrials lead sell-off Novo Nordisk hits record high after Wegovy gets China approval STOXX 600 down 0.2% Updated at 1600 GMT By Jesus Calero, Shashwat Chauhan and Shristi Achar A June 25 (Reuters) - European shares declined on Tuesday as Airbus tumbled after a profit warning and sparked an

BUZZ-UK's defence and aerospace stocks tumble on Airbus' delivery forecast cut Updates ** Britain's aerospace and defence stocks .FTNMX502010 tumble 2.3% vs a largely flat FTSE 100 .FTSE as France's Airbus AIR.PA warns on profit and downgrades its forecast for deliveries ** Airbus lowered its widely watched forecast for deliveries this year to around 770 jets from around 800 ** Largest index constituents Rolls Royce RR.L and BAE Systems BAES.L down 3.4% and 1.1%, respectively ** Shares of Melros

LIVE MARKETS-European shares drop, aerospace stocks hammered STOXX 600 down 0.3% Airbus drags sector lower Merck KGaA tumbles Wall St futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN SHARES DROP, AEROSPACE STOCKS HAMMERED A drop in aerospace and defense stocks following a profit warning from Airbus is dragging the STOXX 600 lower on Tuesday.