Sri Lanka’s crisis rings alarm for other troubled economies
BANGKOK (AP) — Sri Lanka is desperate for help with weathering its worst crisis in recent memory. Its schools are…
July 2022
Global Corporate Debt To Drop Amid Higher Funding Costs, Study Finds
By Davide Barbuscia NEW YORK (Reuters) – Global corporate net debt has fallen by 1.9% to $8.15 trillion in the…
Oil Prices Bounce Back From Tuesday Tumble As Supply Concerns Return
By Arathy Somasekhar and Emily Chow KUALA LUMPUR (Reuters) -Oil prices rose as much as nearly 3% on Wednesday before…
Qantas Engineers Vote On Work Stoppages As They Seek Higher Pay
By Jamie Freed SYDNEY (Reuters) – Qantas Airways Ltd’s unionised licensed aircraft engineers are voting on work stoppages of up…
Real Estate Firm Cushman & Wakefield Held In Contempt, Fined $10,000 A Day
(Reuters) – A New York judge on Tuesday held real estate firm Cushman & Wakefield PLC in contempt of court…
Biden Still Weighing China Tariff Options As Requests To Keep Them Pile Up
By David Lawder and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden’s team is still looking at options on whether…
U.S. Shifts Peak-hour Flight Approvals To Spirit Airlines At Newark
By David Shepardson WASHINGTON (Reuters) -The U.S. government on Tuesday reassigned 16 peak-hour runway timings at congested Newark Airport in…
Explainer-Is The U.S. In A Recession? GDP Is Not The Only Measure
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – By some early estimates, the U.S. economy, as measured by gross…
JPMorgan Fined $850,000 For Alleged Swap Reporting Failures
(Reuters) – JPMorgan Chase & Co will have to pay an $850,000 penalty to the U.S. Commodity Futures Trading Commission…
Smithfield Foods settles pork price-fixing lawsuit for $42M
OMAHA, Neb. (AP) — Smithfield Foods will pay restaurants and caterers $42 million to settle a lawsuit that accused the…