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Apr 17, 2015

Rolls-Royce wins $9.2 billion order from Emirates for A380 engines

LONDON (Reuters) – Rolls-Royce (RR.L: Quote, Profile, Research, Stock Buzz) has won a $9.2 billion deal to supply engines for 50 A380 aircraft for Dubai’s Emirates airline [EMIRA.UL], the largest order in its history and giving it a boost after a torrid year of profit warnings.

Shares in the British company rose an initial 2 percent after Friday’s announcement, which Rolls-Royce said was the biggest order placed with a British company outside the defense sector.

Apr 16, 2015

Emirates picks Rolls-Royce engines for 50 A380 aircraft -sources

PARIS/LONDON, April 16 (Reuters) – Dubai’s Emirates airline
has selected British engine-maker Rolls-Royce
to supply engines for 50 of the 140 A380 aircraft it has on
order with Airbus, two sources familiar with the matter
told Reuters.

It is the first time the Gulf carrier has ordered
Rolls-Royce engines for its superjumbo fleet, the rest of which
is powered by Engine Alliance, a joint venture of General
Electric and Pratt & Whitney.

Apr 13, 2015

Japan hopes to resume whale hunt this year, despite opposition by expert panel

TOKYO/LONDON (Reuters) – Japan on Monday said it hoped to resume its Antarctic whale hunt around the end of this year, after providing further information to win over an international panel that says its whaling plan does not prove the need for killing the animals.

Last year, the International Court of Justice ruled that Japan’s decades-old whale hunt in the Southern Ocean should stop, prompting Tokyo to cancel the bulk of its whaling for the 2014/2015 season and submit a scaled-down plan for future hunts.

Apr 1, 2015

Over 100 business bosses back Conservatives ahead of election

LONDON (Reuters) – Over 100 British company bosses publicly backed Prime Minister David Cameron’s Conservative-led government on Wednesday and warned a change of course for Britain’s economy under a Labour government would put the recovery at risk.

Opinion polls ahead of the May 7 election indicate neither Cameron’s Conservatives nor the opposition Labour Party will win an overall majority in the 650-seat parliament as millions of voters turn to once marginal parties.

Apr 1, 2015

Over 100 business bosses back PM Cameron’s Conservatives ahead of British election

LONDON (Reuters) – Over 100 British company bosses publicly backed Prime Minister David Cameron’s Conservative-led government on Wednesday and warned a change of course for Britain’s $2.8 trillion economy under a Labour government would put the recovery at risk.

Opinion polls ahead of the May 7 election indicate neither Cameron’s Conservatives nor the opposition Labour Party will win an overall majority in the 650-seat parliament as millions of voters turn to once marginal parties.

Mar 31, 2015

Migrants remain political bystanders in England’s ‘Little Poland’

BOSTON, England (Reuters) – In the market square of Boston in eastern England, shoppers chatter in Slavic and Baltic languages as much as in English.

A main street is lined with delicatessens and grocers like Baltic Food Store, catering to a large population of eastern European immigrants. The centuries-old town in the agricultural county of Lincolnshire is even nicknamed “Little Poland”.

Mar 31, 2015

Insight – Migrants remain political bystanders in England’s ‘Little Poland’

BOSTON, England (Reuters) – In the market square of Boston in eastern England, shoppers chatter in Slavic and Baltic languages as much as in English.

A main street is lined with delicatessens and grocers like Baltic Food Store, catering to a large population of eastern European immigrants. The centuries-old town in the agricultural county of Lincolnshire is even nicknamed “Little Poland”.

Mar 31, 2015

Germanwings disaster will not affect image of budget air travel: easyJet

AMSTERDAM (Reuters) – The disaster at budget airline Germanwings which killed 150 people will not harm the image of low-cost air travel in Europe, easyJet (EZJ.L: Quote, Profile, Research, Stock Buzz) chief executive Carolyn McCall said on Tuesday.

Airlines across the world were left reeling after investigators said they believed the co-pilot of a Germanwings flight locked himself alone in the cockpit and deliberately steered it into a mountain, killing everyone on board.

Mar 6, 2015

China’s Fosun buys 5 pct stake in British travel group Thomas Cook

SHANGHAI/LONDON, March 6 (Reuters) – China’s Fosun
International has bought a 5 percent stake in Thomas
Cook Group, deepening its foray into Europe’s tourism
sector and potentially helping the British company to compete
with travel leviathan TUI Group

Fosun paid 91.9 million pounds ($140.1 million) for the
Thomas Cook stake and will seek to double its holding in the
world’s oldest travel group to 10 percent, it said in a filing
to the Hong Kong stock exchange on Friday.

Mar 2, 2015

Tullow falls on worries legal dispute could delay Ghana project

LONDON, March 2 (Reuters) – Tullow Oil lost over 200
million pounds ($308 million) of its market value on Monday, hit
by concerns that a boundary dispute between Ivory Coast and
Ghana could delay a project off the coast of West Africa.

The Africa-focused firm is developing the TEN project off
the coast of Ghana, in waters over which there is a maritime
boundary dispute between Ghana and Ivory Coast.