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EMEA Morning Briefing: Stocks to Open Lower -2-

Provided by Dow Jones Jul 14, 2021 4:16 AM UTC European Union officials on Monday said they would delay until October plans for their proposed digital-services tax, which Ms. Yellen had said risked undermining the deal reached recently by leaders of the Group of 20 large economies to set a world-wide minimum corporate tax of 15%. OPEC Spat Spotlights Saudi Arabia s Struggle to Kick Oil Dependency RIYADH-Saudi Arabia s crown prince pledged five years ago to unshackle the economy from oil by 2020. But as the world s top crude exporter seeks to maintain growth and generate jobs, the kingdom is redoubling its commitment to hydrocarbons and veering away from greener energy sources.

United Airlines, Breakthrough Energy Ventures to back Heart Aerospace

On Tuesday, United Airlines announced that its venture capital arm, United Airlines Ventures, along with climate-focused venture capital firm Breakthrough Energy Ventures (BEV) and Mesa Airlines, has invested in electric aircraft (EAV) startup Heart Aerospace. Headquartered in Gothenburg, Sweden, Heart is developing the ES-19, a 19-seat electric aircraft that, the company says, has the potential to fly customers up to 250 miles before the end of this decade. In addition to UAV’s investment, United Airlines has conditionally agreed to purchase 100 ES-19 aircraft, once the aircraft meet United’s safety, business and operating requirements. Mesa Airlines, United’s key strategic partner in bringing electric aircraft into commercial service, has also agreed to add 100 ES-19 aircraft to its fleet, subject to similar requirements.

Electric Aircraft Set to Take Flight by 2026 Under New Agreements with United Airlines Ventures, Bre

Electric Aircraft Set to Take Flight by 2026 Under New Agreements with United Airlines Ventures, Bre
centreforaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centreforaviation.com Daily Mail and Mail on Sunday newspapers.

United Airlines Plans to Buy 100 Small Electric Planes for Regional Flights

United Airlines Plans to Buy 100 Small Electric Planes for Regional Flights
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

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