Airbus (AIR.PA), Europe’s biggest planemaker, on Thursday increased its controlling stake in the A220 regional jet program – Embraer’s main rival – as Canada’s Bombardier (BBDb.TO) sold out of the project it had set up.
“(We) are talking with partners and looking at more ways to expand our ongoing work with publishers, building on programmes like our Google News Initiative,” Richard Gingras, vice president of News at Google, said in a statement on Friday.
The Alphabet unit argued that additional amounts tacked on to the fine imposed by the European Commission in 2017 to deter anti-competitive behavior known as a deterrent multiplier and another multiplier factor was excessive and unwarranted.
“We will enter the first talks soon with the European works council,” Airbus Defence and Space chief Dirk Hoke told Reuters in an interview cleared for publication on Saturday, adding that negotiations would then take place at national level.
Airbus also said it hoped Washington would change position once the World Trade Organization authorizes the EU to impose tariffs on Boeing aircraft, including the 737 MAX, 787 and 777 aircraft in May or June.
The U.S. Trade Representative’s Office said it remained open to reaching a negotiated settlement with the EU on the issue, but could revise its actions if the EU imposed tariffs of its own in connection with a pair of disputes over the subsidies.
The European planemaker said it would continue discussions with its U.S. customers to “mitigate effects of tariffs insofar as possible” and hoped the U.S. Trade Representative’s office would change its position.
The World Trade Organization has found the world’s two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004 and is expected to allow both sides to impose tariffs, starting with the United States.
Below are details on carmakers’ plans (in alphabetical order):
(Reuters) – Fears that the new coronavirus outbreak is on the verge of becoming a global pandemic have stoked concerns about the Tokyo Games and while the International Olympic Committee says there is no “Plan B” doubts remain the event will go ahead as planned.
FILE PHOTO: A logo of the upcoming mobile standard 5G is pictured in Hanover, Germany March 31, 2019. REUTERS/Fabian Bimmer/File Photo
The approach will test the appetite of Ameresco’s 72-year-old chairman and chief executive, George Sakellaris, to cash out. Sakellaris founded the Framingham, Massachusetts-based company in 2000 and remains its controlling shareholder.