Wednesday , 17 December 2025

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Airbus weighs more delay in A350 ramp-up

  Bloomberg Airbus SE is weighing a further delay in its production plan for A350 widebody jets after sanctions on Russia weakened the outlook for deliveries, according to people familiar with the matter. A goal of building six A350s a month by early 2023, which had been reiterated as recently as February, may now slide to the end of that …

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RBA faces hawkish heat as strong economy raises risk of inflation

  Bloomberg The Reserve Bank of Australia (RBA) is under pressure to begin tightening monetary policy in as little as two months as a strengthening economy together with pre-election budget spending fuels inflation concerns. A number of economists have either brought forward their call for the first interest-rate rise or are highlighting risks from Governor Philip Lowe turning hawkish following …

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Citi to pause new SPAC issuance as SEC signals crackdown

  Bloomberg Citigroup Inc is among underwriters that have temporarily paused initial public offerings of new US special purpose acquisition companies until they get more clarity on the potential legal risks posed by recently proposed rules, according to people with knowledge of the matter. The New York-based bank is awaiting feedback from legal advisers regarding underwriter liability among other topics, …

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Alibaba, Didi fuel $93 billion rally for Chinese stocks in US

  Bloomberg Alibaba Group Holding Ltd and Didi Global Inc rallied for a second day, adding $93 billion in value to US listed Chinese stocks as fears of potential delistings eased. The Nasdaq Golden Dragon China Index jumped 7.4%, adding to the climb after Beijing regulators published revised draft rules scrapping requirements that on-site inspections should be mainly conducted by …

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Stocks, US futures gain as Treasuries retreat

  Bloomberg European stocks advanced and US equity futures were steady on Tuesday while oil gained as investors evaluated the prospect of tougher sanctions against Russia. Bonds retreated amid deepening concern about inflation and the policy response. The Stoxx Europe 600 index edged higher. The energy sector outperformed, with Vestas Wind Systems leading gains for renewable-energy companies amid an uncertain …

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Top Indian mortgage company merger to create $190bn giant

  Bloomberg India’s biggest mortgage lender agreed to buy one of the country’s most valuable banks to create an almost $190-billion behemoth to ride a boom in home loans and consumer spending in the world’s fastest-growing major economy. Housing Development Finance Corp., which issues mortgages to more than half the home buyers in a country of 1.4 billion people, will …

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Germany offers state guarantees to lure buyers for Gazprom unit

Bloomberg Germany is seeking a buyer for Gazprom PJSC’s unit in the country by offering state-backed loans for private companies willing to take parts of or the entire business, according to a person familiar with the matter. The German government is in talks with private buyers interested in Gazprom Germania GmbH or some of its units, which include energy supplier …

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Singapore’s N-power goal ‘decades away’

  Bloomberg Singapore’s contemplation of a potential nuclear power plant will depend on next-generation technologies, a move that indicates the goal is still decades away from fruition. The island state says so-called small modular reactors or other next-generation nuclear technology have the potential to be much safer than many of the plants in operation today, Minister of State for Trade …

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Shein’s $100 billion value to top H&M, Zara combined

  Bloomberg A Chinese fast-fashion company without a global network of physical stores of its own is seeking a valuation that could be more than the combined worth of high-street staples Hennes & Mauritz AB and Inditex SA’s Zara. Shein, an online-only retailer of inexpensive clothes, beauty and lifestyle products that pumps out over 6,000 new items daily, is in …

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Ryanair narrows forecast, sees loss of up to $440m

Bloomberg Ryanair Holdings Plc narrowed the range for its annual loss as Europe’s biggest low-cost carrier turns the page on a year disrupted by the coronavirus pandemic. The loss for the year ended on March 31 will be between 350 million euros and 400 million euros ($387 million-$440 million) before special items, the Dublin-based carrier said in a statement. Ryanair …

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