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Canada tells Boeing its bid for C$19 bln fighter jet contract falls short - source

In a surprise move, Canada has told Boeing Co that its contender for a multi-billion dollar fighter jet contract does not meet the required standard, a defense source said on Thursday.

Company valuations and climate strategies are poles apart

Companies in the most polluting sectors that have invested in climate action often find themselves valued below peers that have been slower to do so, highlighting the difficulty of getting shareholders to back sustainability.

Mexico prepared to escalate auto content dispute with U.S, minister says

Mexico's Economy Minister Tatiana Clouthier said on Thursday she was working with the auto sector and the Canadian government to determine when to call for an arbitration panel to resolve a dispute with the United States over auto content rules.

Iberia CCO says airline now more pessimistic about Air Europa deal

Iberia airline's chief commercial officer said on Thursday the Spain-based company was now more pessimistic than optimistic about the acquisition of its rival Air Europa after the latest regulatory setback in the half-billion-euro takeover bid.

BoE's Bailey says central bank independence clearly an issue in Turkey

Bank of England Governor Andrew Bailey said on Thursday that the independence of Turkey's central bank was clearly an issue and maintaining credibility was critically important for the institution.

Spain close to reversal of post-crisis labour reforms

Spain's left-leaning government is close to a major shake-up of landmark pro-business labour reforms put in place after the sovereign debt crisis but which critics say eroded employee rights and stunted wage growth.

Telecom Italia CEO ready to step aside to speed decision on KKR offer -sources

Telecom Italia CEO Luigi Gubitosi has told its board that he is ready to step aside if that would help speed up a decision on a takeover approach by U.S. private equity group KKR, sources told Reuters on Thursday.

Tech reboots shares, dollar takes Thanksgiving breather

A tech shares bounce carried European equities higher on Thursday, following similar gains on Wall Street and Asia and helped also by a small pullback in the dollar from a 17-month high.

EU adds more pieces to its 'elusive' capital market jigsaw

The European Union has moved a step closer to its vision of creating a single capital market across the bloc, a slow moving process but one that is chipping further away at Britain's status as Europe's investment banker.

Building the single EU securities market

The European Union's executive body published draft laws on Thursday to build a deeper single market in securities for aiding recovery from COVID-19, raising funds for 'green' projects and building 'autonomy' in financial services after Brexit.