U.S. House Committee To Hold Aviation Safety Hearing

U.S. House Committee To Hold Aviation Safety Hearing

By David Shepardson WASHINGTON (Reuters) – A Federal Aviation Administration safety official, National Transportation Safety Board chair and head of the largest pilots union are among those who will testify on Feb. 7 before Congress. The House Transportation and Infrastructure Committee hearing “Enhancing America’s Gold Standard in Aviation Safety” comes amid growing scrutiny of the…

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Hindenburg Bet Against India's Adani Puzzles Rival U.S. Short Sellers

Hindenburg Bet Against India’s Adani Puzzles Rival U.S. Short Sellers

By Shankar Ramakrishnan, Svea Herbst-Bayliss and Carolina Mandl (Reuters) – When Hindenburg Research revealed a short position in Adani Group last week, some U.S. investors said they were intrigued about the actual mechanics of its trade, because Indian securities rules make it hard for foreigners bet against companies there. Hindenburg’s bet has been lucrative so…

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Samsung's Newest Galaxy S Smartphones A Test Of Brand Power In Weak Market

Samsung’s Newest Galaxy S Smartphones A Test Of Brand Power In Weak Market

By Joyce Lee and Jane Lanhee Lee SEOUL/SAN FRANCISCO (Reuters) -Samsung Electronics unveiled its latest premium smartphones with a focus on their powerful cameras on Wednesday, in a test of its brand power as the market for mobiles undergoes unprecedented contraction. Analysts said the Galaxy S23 smartphone series, with its cameras and faster chips than…

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Exclusive-Grupo Mexico Clears Major Citi Deal Hurdle With $5 Billion Debt Package -sources

Exclusive-Grupo Mexico Clears Major Citi Deal Hurdle With $5 Billion Debt Package -sources

By David French and Andres Gonzalez (Reuters) – Grupo Mexico, the conglomerate controlled by billionaire German Larrea, has secured a $5 billion debt package for its proposed acquisition of Citigroup Inc’s retail operations in Mexico, according to people familiar with the matter. The move represents a major milestone in Grupo Mexico’s efforts to put together…

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