Fraport To Compensate Rising Inflation With Price Hikes
FRANKFURT (Reuters) – Germany’s largest airport operator Fraport said on Tuesday it expects to be able to compensate for rising…
May 2022
Musk says he would reverse Twitter’s ban of Donald Trump
LONDON (AP) — Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of…
Fed’s Barkin Says Central Bank Can Tweak Path Once Its Gets To Neutral Rate
(Reuters) – The U.S. Federal Reserve can assess how much more it needs to do to bring inflation back down…
EXPLAINER: Why is Hungary blocking sanctions on Russian oil?
BUDAPEST, Hungary (AP) — As the European Union tries to impose sanctions on Russian oil over the war in Ukraine,…
Oil Drops As Economic Worries, Strong Dollar Weigh
By Rowena Edwards LONDON (Reuters) – Oil prices fell in volatile trade on Tuesday as the market balanced impending European…
Peloton headwinds stiffen as people break pandemic routines
Peloton’s uphill ride to get more sales is getting rougher as more people return to gyms and other pre-pandemic exercise…
China Eastern Airlines To Raise Up To $2.2 Billion Through A-Share Sale
HONG KONG (Reuters) – China Eastern Airlines Corp plans to raise up to 15 billion yuan ($2.23 billion) in a…
Commodity Currencies Bounce Back But Sentiment Remains Fragile
By Joice Alves LONDON (Reuters) – Commodity currencies Norwegian crown and the Australian dollar recovered some ground on Tuesday after…
Pfizer to spend $11.6B on migraine treatment maker Biohaven
Pfizer is starting to put its COVID-19 cash influx to use by spending $11.6 billion to venture deeper into a…
Swedish Match Shares Jump To Record High On Philip Morris Takeover Move
By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) -Shares in Swedish Match soared on Tuesday after U.S. rival Philip Morris…