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April 5, 2022
China’s Cash-strapped Kaisa In Strategic Pact With State Firms
HONG KONG (Reuters) – Cash-strapped Kaisa Group entered into a strategic co-operation agreement with state-owned China Merchants Shekou Industrial Zone…
JetBlue Offers $3.6 Billion For Spirit In U.S. Low-cost Carrier Battle
By David Shepardson WASHINGTON (Reuters) – JetBlue Airways said Tuesday it made an unsolicited $3.6 billion bid for Spirit Airlines,…
Intel Becomes Latest Western Tech Firm To Suspend Business In Russia
(Reuters) -U.S. chipmaker Intel Corp said on Tuesday it has suspended business operations in Russia, joining a slew of companies…
Intel Suspends Business Operations In Russia
(Reuters) -Intel Corp is suspending all business operations in Russia, effective immediately, the U.S. chipmaker said on Tuesday, adding that…
Oil Extends Losses On Higher Dollar, U.S. Stock Build
By Yuka Obayashi TOKYO (Reuters) – Oil futures slid on Wednesday, extending losses from the previous day, as a stronger…
Regulator To Launch Disciplinary Action Against Australia’s Crown Resorts
(Reuters) – The Victorian gambling regulator will launch disciplinary action and can impose fines of up to A$100 million ($75.82…
Departing WarnerMedia CEO Kilar Sees Future Of Hollywood In The Blockchain
By Dawn Chmielewski (Reuters) – WarnerMedia CEO Jason Kilar said the future of Hollywood is in the blockchain as he…
Stocks Fall, Bond Yields And Dollar Gain After Hawkish Fed Comments
By Caroline Valetkevitch NEW YORK (Reuters) – Stocks on global indexes fell on Tuesday while U.S. Treasury yields rose to…
Toyota To Close Brazil Sao Bernardo Do Campo Plant, Shift Production To Other Units
SAO PAULO (Reuters) – Toyota said on Tuesday it will close its 60-year-old plant in the Brazilian city of Sao…
CEO of rental giant Hertz vows to fix false theft reports
NEW YORK (AP) — The new CEO of Hertz says he’s working to fix a glitch in the rental-car giant’s…