PARIS (Reuters) -European planemaker Airbus on Wednesday posted a higher-than-expected second-quarter profit, boosted by its defence and helicopter units, and maintained full-year forecasts as it aims to catch up on delayed jetliner deliveries.
The world's largest jetmaker - which also makes satellites, fighters and civil and military helicopters - said its widely watched adjusted operating profit almost doubled to billion euros as revenues remained... (continue reading...)
By Marianna Parraga
HOUSTON (Reuters) -Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision said on Wednesday, adding that no money from oil proceeds can be transferred in any way to the administration of Venezuelan President Nicolas Maduro.
Last week, Reuters reported that the U.S. was preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA,... (continue reading...)
MADRID (Reuters) -Two British brothers aged 11 and 13 have drowned off the Spanish beach of Llarga in Catalonia, while their father, who tried to rescue the boys, had to be rescued himself and survived, the regional emergency service said on Wednesday.
A team of psychologists was assisting the family, it added in a statement, without disclosing the names of the victims.
The popular, mostly sandy beach with some rocks on Spain's northeastern... (continue reading...)
PARIS (Reuters) -Renault named Francois Provost, its chief procurement officer, as CEO on Wednesday, opting for a little-known company insider to steer the French carmaker through growing competition and weak demand that triggered a profit warning earlier this month.
The appointment, effective from July 31, comes a month after former boss Luca de Meo abruptly resigned to join luxury group Kering.
"With a strong international experience in... (continue reading...)
LONDON (Reuters) -Britain's air traffic controllers reported a technical issue that disrupted flights at major airports in London and elsewhere in the country on Wednesday, though later said the issue had been resolved.
"Our engineers have now restored the system that was affected this afternoon. We are in the process of resuming normal operations in the London area," NATS said in a post on X.
Heathrow Airport said all departures had been... (continue reading...)
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