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Dassault Aviation CEO says unsure if FCAS fighter project will go ahead
Reuters· 2025-12-16 10:01
Core Viewpoint - The future of the Franco-German-Spanish fighter project is uncertain and heavily relies on Germany's willingness to reassess its commitments and contributions to the initiative [1] Group 1: Project Viability - The head of Dassault Aviation has expressed concerns regarding the sustainability of the fighter project, indicating that its success is contingent upon Germany's reevaluation of its role [1] - The project faces challenges that may hinder its progress, emphasizing the need for collaborative efforts among the involved nations [1] Group 2: Stakeholder Dynamics - Germany's position is critical in determining the future trajectory of the fighter project, highlighting the importance of intergovernmental negotiations and agreements [1] - The statement from Dassault Aviation's leadership underscores the complexities of multinational defense projects and the necessity for alignment among stakeholders [1]
TotalEnergies to sell stake in Malaysian gas block to Thailand's PTTEP
Reuters· 2025-12-16 08:59
Core Viewpoint - TotalEnergies has agreed to sell an indirect stake of nearly 10% in a Malaysian offshore gas block to Thailand's state-backed PTTEP for an undisclosed amount [1] Company Summary - TotalEnergies is a French oil major involved in the sale of an indirect stake in a gas block [1] - PTTEP is a state-backed company from Thailand that is acquiring the stake [1] Industry Summary - The transaction highlights ongoing investment and collaboration in the offshore gas sector between companies in Southeast Asia [1]
European defence stocks slide amid progress in Ukraine peace talks
Reuters· 2025-12-16 08:47
Core Viewpoint - European defence stocks experienced a decline following the announcement of U.S. officials proposing NATO-style security guarantees for Kyiv as part of a potential peace deal with Russia, which was discussed during talks in Berlin [1] Group 1 - The decline in European defence stocks occurred on Tuesday, indicating a market reaction to geopolitical developments [1] - The U.S. proposal for security guarantees is linked to ongoing discussions about a peace deal with Russia, highlighting the strategic importance of NATO's role in European security [1] - The talks in Berlin lasted for two days, suggesting a significant diplomatic effort to address the conflict and its implications for regional stability [1]
US closes probe into about 568,000 Hyundai vehicles over seat belt issue
Reuters· 2025-12-16 08:42
Core Points - The United States has concluded a preliminary investigation into 568,580 Hyundai Motor's Palisade SUVs regarding the inadvertent unlatching of seat belts [1] Group 1 - The investigation was initiated earlier this year by the National Highway Traffic Safety Administration (NHTSA) [1]
Ford recalls nearly 32,000 vehicles, NHTSA says
Reuters· 2025-12-16 08:20
Core Points - Ford Motor is recalling 32,160 vehicles in the United States due to a loss of drive power, which increases the risk of a crash [1] Company Summary - The recall affects a total of 32,160 vehicles, highlighting potential safety concerns related to drive power loss [1] - The action is in response to findings from the U.S. National Highway Traffic Safety Administration (NHTSA) [1]
TotalEnergies wins 21-year deal to power Google data centres in Malaysia
Reuters· 2025-12-16 07:47
Core Insights - TotalEnergies has signed a 21-year power supply agreement with Google to provide renewable energy [1] - The deal includes a commitment to supply 1 terawatt hour of renewable energy for Google's data centers in Malaysia [1] Company Summary - TotalEnergies is expanding its renewable energy portfolio through this long-term agreement with a major tech company [1] - The partnership with Google highlights TotalEnergies' strategy to support the growing demand for sustainable energy solutions in the tech industry [1] Industry Summary - The agreement reflects a broader trend in the energy sector where companies are increasingly entering long-term contracts to secure renewable energy sources [1] - This move is indicative of the tech industry's commitment to sustainability and reducing carbon footprints through renewable energy partnerships [1]
UK's Serica Energy to buy Southern North Sea assets for $76 million
Reuters· 2025-12-16 07:23
Group 1 - Serica Energy has agreed to acquire a portfolio of Southern North Sea assets from Spirit Energy for an upfront consideration of 57 million pounds ($76.19 million) [1]
Norway police fine Equinor over pollution at Mongstad refinery
Reuters· 2025-12-16 07:13
Core Viewpoint - Norwegian police have fined Equinor for pollution at its Mongstad refinery, indicating regulatory scrutiny on environmental practices in the oil and gas sector [1] Company Summary - Equinor, a Norwegian oil and gas company, has faced penalties due to pollution issues at its Mongstad refinery located on Norway's west coast [1]
App developers urge EU action on Apple fee practices
Reuters· 2025-12-16 07:02
Core Viewpoint - A coalition of 20 app developers and consumer groups is urging European regulators to enforce EU laws against Apple, claiming that the company's fee structure creates an unfair disadvantage for European developers compared to their U.S. counterparts following a recent U.S. court decision [1] Group 1 - The coalition consists of 20 app developers and consumer groups [1] - The call to action is directed towards European regulators to take measures against Apple [1] - The complaint centers around Apple's fee structure, which is perceived as unfair to European developers [1] Group 2 - The issue arises in the context of a recent court decision in the United States that may impact the competitive landscape [1] - The coalition argues that the disparity in fees affects the ability of European developers to compete effectively with U.S. rivals [1]
Kering sells majority stake in New York property in $900 million deal
Reuters· 2025-12-16 06:49
Kering , the owner of luxury brand Gucci, said on Tuesday it had agreed to sell a 60% stake in a prime New York property to private equity firm Ardian, raising $690 million in cash. ...