Prime Minister Rishi Sunak welcomed a mega deal by Air India to buy 250 jets from Airbus , saying it would create jobs and boost exports from Britain, where the French plane maker designs and makes aircraft wings.
The deal should create 450 manufacturing jobs and bring more than 100 million pounds ($122 million) of investment to Wales, where Airbus manufactures wings, the British department for business and trade said.
The deal also includes 40 wide-body A350 aircraft powered by Rolls-Royce engines, which are assembled and tested in Derby in central England.
($1 = 0.8195 pounds)
Source : Reuters
Christian Mumssen, the fund's new director of strategy, cited a rapid succession of major shocks…
Gold bounces from two-week low, markets await US inflation data. Gold ticked higher on Tuesday…
Reuters poll forecasts U.S. headline inflation at 3.8%. The dollar remained in sight of 13-month…
When Credit Suisse failed in March 2023, Swiss authorities, against market expectations, set aside the…
US labour productivity has accelerated since 2022. Output per hour grew around 2.5% per year…
Europe pays for innovative medicines through 27 uncoordinated national negotiations, generating access delays, cross-country pricing…