• Sky News

    Future of Scottish FM Humza Yousaf hangs in balance as Greens back no confidence motion

    The Scottish Green Party will join with rival MSPs to back a no confidence motion in First Minister Humza Yousaf next week, after the SNP kicked its coalition partners out of government. Mr Yousaf announced his plan to cut ties with the Greens earlier on Thursday, following a bitter row over the SNP's climbdown on climate targets. Both Labour and the Liberal Democrats agreed to back the motion, with its success hanging on whether Green Party MSPs joined the attack to give SNP critics a majority in Holyrood.

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  • Reuters

    UPDATE 1-Rampup costs weigh on Q1 but Airbus hikes A350 output goal

    Airbus posted weaker than expected first-quarter operating profit and cashflow partly after hiring more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 after a nervous start to the year on industrial costs. Airbus reported 577 million euros ($618.37 million) in adjusted operating profit, down 25% on the year, revenue of 12.83 billion euros and a free cash outflow of 1.8 billion euros. "Geopolitical and supply chain tensions continue," Airbus CEO Guillaume Faury said in a results statement, adding the operating environment "shows no sign of improvement".