Page 2 - Tim Hepher News Today

President Xi Jinping lauded Chinas ties with France as an international model on Sunday as he arrived in Paris for a rare visit against a backdrop of mounting trade disputes with the EU. ...

Airbus has called for financial compensation to take on money-losing operations from Spirit AeroSystems, a demand that has emerged as one obstacle to a tie-up deal between the supplier and its...

Thales opened the door on Tuesday to buying a limited part of the strategic assets of troubled French IT group Atos after the French government floated a rescue package. The government...

Thales, which is partially owned by the state, has repeatedly said it is not interested in the Atos computing assets known as Big Data & Security (BDS) because they do not fit its fast-expanding civil cybersecurity business.

Frances Thales reported strong first-quarter orders and sales led by its defence business as global tensions spur demand for air defences, but predicted growth would stabilise in the second half as...

French jet engine maker Safran posted an 18.1% year-on-year increase in first-quarter revenue and reaffirmed financial targets for the year, while joining its U.S. partner GE Aerospace in lowering...

Airbus posted weaker than expected first-quarter operating profit and cashflow partly after hiring more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 after a nervous...

BOMBARDIER-RESULTS/ (UPDATE 4, PIX):UPDATE 4-Bombardier gets Canadian exemption to sanctioned Russian titanium

MONTREAL/OTTAWA (Reuters) -Bombardier on Thursday became the latest planemaker to disclose an exemption from Canadian sanctions on Russian titanium, as Canada defended its decision to grant a partial reprieve from recent measures imposed over the war in Ukraine. On Tuesday, Reuters first reported that Airbus had won a waiver from a new Canadian ban on Russian titanium, weeks after Ottawa added supplier VSMPO-AVISMA to a list of entities banned for alleged ties to Russia's military-industr...

PARIS (Reuters) -Airbus posted weaker than expected first-quarter operating profit and cashflow partly after hiring more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 after a nervous start to the year on industrial cos...