Nippon Steel Sees Seamless Pipe Business Back In Profit Thanks To Increased Gas Drilling
By Yuka Obayashi and Ritsuko Shimizu TOKYO (Reuters) – Nippon Steel Corp, the world’s No.5 steelmaker, expects its seamless pipe…
May 26, 2022
West mulls having Russian oligarchs buy way out of sanctions
BERLIN (AP) — Western allies are considering whether to allow Russian oligarchs to buy their way out of sanctions and…
EasyJet Says 200 Flights Cancelled Due To IT Issues
LONDON (Reuters) -Low-cost carrier easyJet said an IT problem that caused it to cancel around 200 flights on Thursday had…
Worry about stagflation, a flashback to ’70s, begins to grow
WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it…
Average long-term mortgage rates fall; 30-year loan at 5.1%
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week for the second week in a row, though interest…
Southwest, JetBlue boost forecasts on strong travel demand
NEW YORK (AP) — Airline stocks rallied Thursday after Southwest Airlines and JetBlue Airways said revenue from summer travel will…
Mastercard Focuses On Southeast Asia, LatAm After India Ban, Russia Exit
By Divya Chowdhury DAVOS, Switzerland (Reuters) – Southeast Asia and Latin America are strong growth regions for Mastercard after its…
Musk Sued By Twitter Investors For Delayed Disclosure Of Stake
NEW YORK (Reuters) -Billionaire Elon Musk was sued by Twitter Inc investors for delayed disclosure of his stake in the…
Oil Jumps 3% To 2-month High As EU Seeks To Ban Russian Crude
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 3% to a two-month high on Thursday on signs of…
Car Sales Dampened By Chip Shortage, COVID Measures
SHANGHAI/BERLIN (Reuters) -Car sales in China, Europe and the United States remain depressed compared to last year’s levels as semiconductor…