By Allison Lampert MONTREAL (Reuters) -Europe’s Airbus and Quebec on Friday said they have agreed to a $1.2 billion investment deal that would allow the Canadian province to remain in the loss-making A220 jet program until the venture is likely to turn…
Russia and China line up against U.S. in “no limits” partnership
By Andrew Osborn and Mark Trevelyan MOSCOW (Reuters) – China and Russia proclaimed a deep strategic partnership on Friday to balance what they portrayed as the malign global influence of the United States as China’s President Xi Jinping hosted Russia’s…
Dollar recovers from two-week low after U.S. jobs surprise
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar rose from two-week lows on Friday, after data showed the world’s largest economy created far more jobs than expected, raising the chances of a larger Federal Reserve interest rate hike in…
Avalanche in Austria near Swiss border kills four
VIENNA (Reuters) -An avalanche in an area of Austria bordering Switzerland has killed four people and a fifth person is missing on an unusually dangerous day in the Alps after heavy snowfall followed by warmer weather, a spokesman for rescue services s…
Factbox-Moscow-Beijing partnership has ‘no limits’
(Changes slug, no change to text) (Reuters) – China’s President Xi Jinping and Russia’s Vladimir Putin met in Beijing on Friday and announced a strategic partnership that they said was aimed at countering the influence of the United States and that wou…
ECB’s Villeroy pushes back on rate hike bets
FRANKFURT (Reuters) -European Central Bank policymaker Francois Villeroy de Galhau pushed back against market bets on an upcoming interest rate hike on Friday, saying one “shouldn’t rush to conclusions” about the timing of an ECB move. Investors have b…
Global equity funds see biggest inflow in three weeks
(Reuters) – Global equity funds lured big inflows in the seven days to Feb. 2 on optimism over strong earnings from U.S. technology companies and on hopes that inflation would ease later this year. Investors secured global equity funds of $14.34 billio…
Automakers, chip firms differ on when semiconductor shortage will abate
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Automakers, including General Motors, Ford Motor and Hyundai Motor, predict a near two-year chip constraint will ease in the second half of 2022, but automotive chipmakers, on the other hand, expect a recovery t…
Uyghurs in Turkey call for boycott as Beijing Games begin
By Daren Butler ISTANBUL (Reuters) – Hundreds of protesters from China’s Muslim Uyghur community rallied in Istanbul on Friday to call for a boycott of the Winter Olympics opening in Beijing and to urge participants to speak out against China’s treatme…
Naturgy unsure if Spain could help bolster Europe’s gas supply
MADRID (Reuters) -It remains unclear whether Spain’s LNG capacity could be used to help manage any shortfall in European gas if Russia were to halt supplies, the chief executive of power and gas group Naturgy said on Friday. Spain operates six of the r…