By Andrea Shalal and Tetsushi Kajimoto TOKYO (Reuters) -U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki agreed on Tuesday to further strengthen bilateral ties and work together to address rising food and energy prices exacerbated by Russia’s war in Ukraine. They said the war had increased exchange rate volatility, which could have…
DUBAI, United Arab Emirates (AP) — Mere years ago, fuel was cheaper than bottled water in the oil-rich United Arab Emirates. Now, long lines snake outside gas stations on the eve of price hikes each month. Fuel prices in the major OPEC producer, set in line with global oil price benchmarks, have soared over 70%…
STOCKHOLM (Reuters) -Scandinavian airline SAS and unions representing pilots on strike will resume negotiations on Wednesday, Danish TV2 reported on Tuesday, citing a Swedish mediator. A SAS spokesperson could not immediately confirm. The carrier has been forced to cancel hundreds of flights since July 4 when talks with pilots over a new collective bargaining agreement…
Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic. The company has long used the two-day event — one of its biggest all year — to lure people to its Prime membership, for which Amazon recently raised the price to $139 a year from…
By Xie Yu HONG KONG (Reuters) – Asian shares fell on Tuesday, weighed down by the prospect of further monetary policy tightening by central banks, China’s renewed COVID outbreak and Europe’s energy shortage, which also left the euro a whisker from parity with the safe haven dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan…
