Airbus (AIR FP) and Mtu Aero Engines to create a JV to develop a fully electric hydrogen fuel cell engine
Newsquawk Staff ·
Airbus (AIR FP) and Mtu Aero Engines to create a JV to develop a fully electric hydrogen fuel cell engine.
- IG Metall wants a conversation with Volkswagen (VOW3 GY) about job protection that extends into the 2030s; prepared to escalate conflict, including industrial actions
- European Movers: L'Oreal (OR FP) +4.8%, Holcim (HOLN SW) +4.5%, Hexagon (HEXAB SS) +3.0%, Eni (ENI IM) +2.3%, Kering (KER FP) -11.0%, Volvo Car (VOLCARB SS) -3.3%
- Newsquawk Daily Asia-Pac Opening News - 23rd October 2026
- L'Oreal (OR FP) CEO says China market slowed a tiny bit in Q3 but maintained growth rate, favoured by dynamic premium segment
- Kering (KER FP) says traffic remains the main constraint; fashion and leather goods retail sales fell 4% comp., a sequential slowdown reflecting a more challenging environment, less support from Gucci and lower summer traffic, especially in mainland China
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