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Exclusive-Saudi Arabia launches air safety probe into flydubai incident, sources say

Exclusive-Saudi Arabia launches air safety probe into flydubai incident, sources say

By Allison Lampert, Tim Hepher, Steven Scheer and Federico Maccioni Oct 7 (Reuters) - Saudi Arabia has launched an air accident probe following last week's cockpit stabbing on a flydubai jet, as experts examine any fallout for aviation safety alongside a separate UAE-led criminal investigation,

European majors' strong earnings growth expected to have continued in Q3

European majors' strong earnings growth expected to have continued in Q3

Oct 9 (Reuters) - Major European companies are expected to report substantially higher third-quarter earnings, the latest LSEG I/B/E/S data showed on Thursday, although the year-on-year growth should slightly temper from the previous quarter.

Europe Inc heads for another quarter of strong profits, defying global gloom

Europe Inc heads for another quarter of strong profits, defying global gloom

Oct 9 (Reuters) - Major European companies are expected to report substantially higher third-quarter earnings, defying a challenging backdrop in global markets as borrowing costs in some of the world's biggest economies hover near multi-year highs.

Plane damaged at Riyadh airport as Houthis escalate attacks, sources say

Plane damaged at Riyadh airport as Houthis escalate attacks, sources say

By Timour Azhari and Federico Maccioni RIYADH/DUBAI, Oct 8 (Reuters) - Yemen's Iran-aligned Houthis escalated their campaign of strikes against Saudi Arabia on Thursday, trying to shut down the kingdom's airspace and oil facilities with missile fire that has killed three people this week and left a

Plane billows smoke at Riyadh airport as Houthis escalate attacks

Plane billows smoke at Riyadh airport as Houthis escalate attacks

By Timour Azhari and Federico Maccioni RIYADH/DUBAI Oct 8 (Reuters) - Yemen's Iran-aligned Houthis escalated their campaign of strikes against Saudi Arabia on Thursday, trying to shut down the kingdom's airspace and oil facilities with missile fire that has killed three people this week.

Europe stocks retreat after three-day rise as rising yields, oil dent sentiment

Europe stocks retreat after three-day rise as rising yields, oil dent sentiment

By Sudeshna Ghoshal and Purvi Agarwal Oct 7 (Reuters) - European shares closed sharply lower on Wednesday after three straight sessions of gains, as higher oil prices and a rise in bond yields sapped risk appetite.

World shares, euro slide as high oil prices, fiscal worries linger

World shares, euro slide as high oil prices, fiscal worries linger

By Lawrence Delevingne and Stefano Rebaudo Oct 7 (Reuters) - Global stocks and the euro pulled back on Wednesday as oil prices held near $100 amid renewed Middle East tensions while concerns France's fiscal woes could affect broader debt markets continued to weigh on overall sentiment.

Airline chiefs say can't fully guard against rogue pilots after flydubai attack

Airline chiefs say can't fully guard against rogue pilots after flydubai attack

By Julia Payne and Joanna Plucinska BRUSSELS/LONDON, Oct 8 (Reuters) - Airline executives said safety standards remained high after a flydubai co-pilot attacked the captain with an axe last week in an alleged attempt to crash the plane, but acknowledged it was hard to guard against a rogue pilot.

Oil gains as US storm and Houthi air strikes threaten supply

Oil gains as US storm and Houthi air strikes threaten supply

By Helen Clark and Jeslyn Lerh SINGAPORE, Oct 7 (Reuters) - Oil prices climbed on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude.

European shares, euro fall as energy shock, fiscal worries bite

European shares, euro fall as energy shock, fiscal worries bite

By Stefano Rebaudo and Scott Murdoch Oct 7 (Reuters) - European stocks and the euro dropped on Wednesday as oil prices rose above $100 amid renewed Middle East tensions while fiscal concerns continued to weigh on sentiment.

World shares, euro slide as energy shock, fiscal worries bite

World shares, euro slide as energy shock, fiscal worries bite

By Lawrence Delevingne and Stefano Rebaudo Oct 7 (Reuters) - Global stocks and the euro pulled back on Wednesday as oil prices rose above $100 amid renewed Middle East tensions while concerns France's fiscal woes could affect broader debt markets continued to weigh on overall sentiment.

Key aircraft incidents that reshaped aviation safety rules since 9/11

Key aircraft incidents that reshaped aviation safety rules since 9/11

By Gianluca Lo Nostro Oct 6 (Reuters) - A flydubai co-pilot stabbed his captain with an emergency "crash axe" in what UAE prosecutors have called a terrorist attack, with the plane plunging 16,000 feet in 30 seconds before it was brought under control by passengers and a stand-by crew.