NEW DELHI (Reuters) – The board of Tata Steel Ltd will on May 3 consider a proposal to split the stock and also recommend a dividend, the Indian steel maker said in a statement on Sunday. Without specifying the ratio of the stock split, it said the meeting on May 3 would consider a sub-division…
BEIJING (Reuters) -China Eastern Airlines has started putting its Boeing 737-800 jetliners back in use for commercial flights less than a month since a crash killed 132 people and led the company to ground 223 of the aircraft, the carrier said on Sunday. The airline said it had conducted systematic tests, structural checkups and verified…
BEIJING (Reuters) – China Eastern Airlines has restarted using Boeing 737-800 jetliners for commercial flights less than a month after a crash that killed 132 people on board and grounded over 200 of its aircraft, data from a tracking website showed on Sunday. China Eastern flight MU5843, operated by a three-year-old Boeing 737-800 aircraft, took…
MEXICO CITY (Reuters) -Mexican state oil company Pemex said on Saturday that it had brought under control a fire at its Salina Cruz refinery in the southern Oaxaca state without any injuries to personnel. The fire, which started on Friday, had engulfed a gasoline storage tank, sending a dense plume of black smoke billowing from…
By Kevin Yao BEIJING (Reuters) – China is expected to report a sharp deterioration in economic activity in March as COVID-19 outbreaks and lockdowns hit consumers and factories, although first-quarter growth may have perked up due to a strong start early in the year. Data on Monday is expected to show gross domestic product (GDP)…
By Hyunjoo Jin SAN FRANCISCO (Reuters) – A federal judge has ruled that Tesla CEO Elon Musk’s 2018 tweets about having secured financing to take the company private were false, according to court filings by Tesla investors suing the billionaire over the tweets. The filing said that the court ruled April 1 that Musk’s 2018…
FRANKFURT (Reuters) – The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank, as well as oil, the head of the European Commission Ursula von der Leyen told a German newspaper. Bild am Sonntag, in an interview published on Sunday, asked her to name the key points of a planned sixth round…
KHARKIV, Ukraine — Russia’s bombardment of cities around Ukraine on Saturday included an explosion in Kharkiv that destroyed a community kitchen. Associated Press journalists at the scene recorded the immediate aftermath of the apparent missile attack. Kharkiv Mayor Ihor Terekhov said three people were killed and 34 wounded by missile strikes Saturday in that city…
MEXICO CITY (Reuters) – Mexican state oil company Pemex was on Saturday fighting to quell a fire burning in a gasoline storage tank at the Salina Cruz refinery in the southern Oaxaca state, local media and a Pemex source said, in the latest accident to hit the company. The fire that started on Friday had…
(Reuters) -Didi Global Inc will hold an extraordinary general meeting (EGM) on May 23 to vote on its delisting plans in the United States, the Chinese ride-hailing giant said in a statement on Saturday. The company also said it will not apply to list its shares on any other stock exchange before the delisting of…
