MEXICO CITY (Reuters) – A vote in which nearly 1,700 workers at Mexico’s Tridonex auto-parts plant will have the chance to elect a new union has been pushed back one week to Feb. 28, according to an official document seen by Reuters on Saturday. Workers at the plant in the northern Mexico city of Matamoros…
By Stephen Jewkes and Elvira Pollina MILAN (Reuters) -A group of investors led by Boston Celtics co-owner Stephen Pagliuca has agreed to buy into Italian Serie A club Atalanta. The deal is the latest U.S.-led investment in Italy’s top soccer league following the acquisitions of Genoa, AC Milan, Fiorentina, Spezia, AS Roma and Venezia. Nine…
FRANKFURT (Reuters) – Germany’s Lufthansa group is suspending flights to and from the Ukrainian cities of Kyiv and Odessa, a spokesperson said on Saturday amid growing fears of a possible Russian invasion. The company, which owns Germany’s flagship carrier as well as Eurowings, Swiss, Brussels and Austrian Airlines, will conduct some last flights to those…
DUBAI, United Arab Emirates (AP) — American wheat farmers will boost production and prevent supply chain problems in the event that a possible Russian invasion of Ukraine chokes off agricultural exports from the global grains powerhouse, the U.S. secretary of agriculture said on Saturday. During a trade mission to the United Arab Emirates, U.S. Secretary…
MUNICH (AP) — Moscow would have its access to financial markets and high-tech goods limited under Western sanctions being prepared in case Russia attacks Ukraine, a top European Union official said Saturday. The comments from Ursula von der Leyen, head of the EU’s Executive Commission, came as tensions over Russia’s intentions toward Ukraine intensified. U.S….
(Reuters) – NextEra Energy Inc said one of its units recorded an $800 million impairment charge in the first quarter as the U.S. renewable energy company re-evaluates its investment in the long-delayed Mountain Valley natural gas pipeline from West Virginia to Virginia. NextEra said in a U.S. Securities and Exchange Commission filing on Friday that…
SHANGHAI (Reuters) -China’s securities regulator will put more emphasis on preventing and resolving bond default risks, and will deepen bond issuance reforms and strengthen regulation, a summary of a meeting posted on its website said on Saturday. The China Securities Regulatory Commission (CSRC) called for giving more prominence to openness and transparency, and deepening reforms…
SHANGHAI (Reuters) – China’s securities regulator will put more emphasis on preventing and resolving bond default risks, according to a summary of a meeting posted on its website on Saturday. China’s current internal and external environment is complex and severe, but the country’s stable economic progress and its long-term development trend has not changed, the…
By Gayatri Suroyo and David Lawder JAKARTA/WASHINGTON (Reuters) -Russia and China watered down a G20 finance leaders’ statement on geopolitical risks to the global economy as a contentious meeting ended on Friday, deleting a reference to “current” tensions as financial markets fretted over the prospect of war in Ukraine. The gathering of finance ministers and…
FORT WORTH, Texas (AP) — American Airlines is making further cuts in its international schedule for this summer because of delays in Boeing delivering new widebody planes. American said Friday that it will temporarily stop service between Seattle and London, Los Angeles and Sydney, and Dallas and Santiago, Chile. It will also delay launching service…
