SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Tuesday that American Airlines has placed a firm order for three new E175 aircraft, which will be operated by its Envoy Air subsidiary. According to Embraer, the deal was valued at $160.2 million and will be included in the company’s 2021 fourth-quarter backlog. The deliveries…
Hope Nankunda is fighting to keep young Ugandan girls in school and away from marriages until after they turn 18. It’s a calling that began for Nankunda as a teacher, when she found herself spending more time counseling her students than engaging in classroom instruction. “They share about the challenges in their communities, in their…
By Mayela Armas CARACAS (Reuters) – The Venezuelan central bank’s gold reserves dropped seven tonnes last year to a new 50-year low, according to financial statements published by the bank on Tuesday. The quantity of gold bars at the bank’s vaults in Caracas fell to an equivalent of 79 tonnes, down from 86 tonnes equivalent…
By David French and Laura Sanicola (Reuters) – EP Energy is exploring a sale of oil-producing acreage in Utah it hopes will avert a challenge from a U.S. antitrust regulator to its agreed $1.5 billion takeover by private equity firm EnCap Investments LP, people familiar with the matter said. The Federal Trade Commission (FTC) has…
By David Morgan, Pete Schroeder and Lindsay Dunsmuir (Reuters) -The head of the U.S. Senate Banking Committee on Tuesday delayed a vote on President Joe Biden’s five nominees to the Federal Reserve, including Chair Jerome Powell, after Republicans staged a boycott over objections to Sarah Bloom Raskin, the White House’s pick to be the central…
Federal safety regulators say they will retain power to approve Boeing 787 airliners for flight rather than return that authority to the aircraft maker, which hasn’t been able to deliver any new Dreamliner planes since last May because of production flaws. The Federal Aviation Administration said it told Boeing of its decision Tuesday. The FAA…
MILAN (AP) — Dolce&Gabbana has become the first Italian fashion house to bring its beauty division in-house, a move that the CEO said Tuesday would strengthen the link between beauty and fashion and help build inroads with younger consumers. CEO Alfonso Dolce said developing products with a new team at the Milan headquarters will allow…
By Gwladys Fouche OSLO (Reuters) – Several investors in Telenor are seeking assurances from the Norwegian telecoms company that customer data will be protected following the sale of its operations in Myanmar. Myanmar’s military rulers have given the go-ahead for a local company, Shwe Byain Phyu, to own most of Telenor’s business in the Southeast…
By David Shepardson WASHINGTON (Reuters) -Two U.S. lawmakers asked the Transportation Department’s Office of Inspector General to review the Federal Aviation Administration’s (FAA) oversight over Boeing Co’s actions surrounding the 737 MAX jet. The chair of the House of Representatives Transportation Committee, Peter DeFazio, and Rick Larsen, who chairs a subcommittee on aviation, said the request…
Facebook parent Meta Platforms Inc. has settled a decade-old class action lawsuit over the company’s use of “cookies” in 2010 and 2011 that tracked people online even after they logged off the Facebook platform. As part of the proposed settlement, which must still be approved by a judge, Meta has agreed to delete all the…
