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January 16, 2022

Airlines Cancel Over 2,700 U.S. Flights As Winter Storm Hits U.S. East Coast
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Airlines Cancel Over 2,700 U.S. Flights As Winter Storm Hits U.S. East Coast

The Cheap Investor4 years ago02 mins

By Kanishka Singh (Reuters) – Airlines canceled over 2,700 U.S. flights on Sunday as a winter storm combining high winds and ice was poised to hit the U.S. East Coast over the holiday weekend. The flights canceled by 12:30 p.m. ET (1730 GMT) on Sunday included over 2,700 entering, departing from or within the United…

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Israel Increases State Aid Plan For COVID-hit Airlines
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Israel Increases State Aid Plan For COVID-hit Airlines

The Cheap Investor4 years ago02 mins

JERUSALEM (Reuters) – Israel’s cabinet approved additional state aid on Sunday to help bail out airlines suffering another pandemic blow with the spread of the Omicron coronavirus variant, the finance and transportation ministries said. Total state aid would not exceed $85 million for all of Israel’s carriers and would come in the form of three-year…

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UK Government To Cut Funding For BBC - Mail On Sunday Report
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UK Government To Cut Funding For BBC – Mail On Sunday Report

The Cheap Investor4 years ago02 mins

LONDON (Reuters) – Britain’s government will cut the BBC’s funding by ordering a two-year freeze on the fee that people pay to watch the broadcaster, the Mail on Sunday reported. The future of the licence-payer funded British Broadcasting Corporation is a perpetual topic of political debate, with Prime Minister Boris Johnson’s government most recently suggesting…

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Analysis-Physical Crude Oil Market Steams Ahead After Omicron Blip
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Analysis-Physical Crude Oil Market Steams Ahead After Omicron Blip

The Cheap Investor4 years ago03 mins

By Julia Payne, Arathy Somasekhar and Florence Tan LONDON/BANGALORE/SINGAPORE (Reuters) – Frantic oil buying driven by supply outages and signs the Omicron variant won’t be as disruptive as feared has pushed some crude grades to multi-year highs, suggesting the rally in Brent futures could be sustained a while longer, traders said. Prices for physical cargoes…

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'Upside Down Again': Omicron Surge Roils U.S. Small Businesses
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‘Upside Down Again’: Omicron Surge Roils U.S. Small Businesses

The Cheap Investor4 years ago05 mins

By Brad Brooks and Jonathan Allen LUBBOCK, Texas (Reuters) – Phillip Howard pointed toward a stack of black ski pants piled atop a counter in his winter sports shop as evidence of the hurdles small business owners still face as the pandemic drags on. The pants were supposed to arrive by August at Troy’s Ski…

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  • ‘Big Short’ investor Burry targets Tesla after slamming AI valuations
  • Blue Origin unveils plan for bigger New Glenn rocket variant to take on SpaceX
  • Elliott builds stake in Barrick Mining, source says
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