SINGAPORE (Reuters) – None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airline’s low-cost subsidiary, said on Wednesday. The engines have been under scrutiny since Go Airlines (India) Ltd filed for bankruptcy protection this…
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares were subdued on Wednesday and the dollar hovered around a five-week peak as investors remained risk averse, with the U.S. debt ceiling talks and a mixed set of economic data weighing on sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.20% lower, while Australia’s S&P/ASX…
By David Lawder WASHINGTON (Reuters) -The Internal Revenue Service said on Tuesday it would launch a free, government-provided direct tax filing option next year, which could lead to the full-scale launch of an IRS filing system that would compete with private tax preparers. The IRS said in an exploratory report to Congress that 72% of…
By Gleb Garanich and Sergiy Karazy KYIV (Reuters) -Ukraine said on Tuesday it had shot down six Russian Kinzhal missiles in a single night, thwarting a weapon Moscow has touted as a next-generation hypersonic missile that was all but unstoppable. When asked about the Ukrainian claim, Russian Defence Minister Sergei Shoigu dismissed it, the RIA…
By Katya Golubkova and Sudarshan Varadhan TOKYO (Reuters) -Oil prices were little changed on Wednesday as traders remained cautious after a surprise rise in U.S. crude inventories stoked demand concerns on the heels of weaker-than-expected economic data from the United States and China. Brent crude futures slipped 3 cents to $74.88 a barrel. U.S. West…
SYDNEY (Reuters) -Australian wages grew at the fastest annual pace in a decade last quarter, although quarterly gains missed forecasts, in a result that offers some temporary solace for policymakers who worry a price-wage spiral may lead to more rate hikes. Figures from the Australian Bureau of Statistics on Wednesday showed its wage price index…
SYDNEY (Reuters) – Australian wages increased at the fastest pace in a decade in the first quarter, although quarterly gains missed forecasts, in a result that offers some solace for policymakers who worry a damaging price-wage spiral would lead to more rate hikes. Figures from the Australian Bureau of Statistics out on Wednesday showed its…
By Blake Brittain (Reuters) – British singer-songwriter Ed Sheeran on Tuesday defeated a second copyright lawsuit in federal court in Manhattan over similarities between his hit “Thinking Out Loud” and Marvin Gaye’s “Let’s Get It On.” U.S. District Judge Louis Stanton dismissed the case brought by Structured Asset Sales LLC, ruling that the parts of…
By Jacqueline Thomsen and Blake Brittain (Reuters) – A U.S. federal appeals judge facing a competency investigation has been unable to complete simple tasks independently and threatened a staffer with arrest, according to witness reports included in an order from her court on Tuesday. An investigative committee of the U.S. Federal Circuit Court of Appeals…
By Julia Harte (Reuters) – South Carolina’s state House on Tuesday began a days-long debate over a bill to ban most abortions after six weeks of pregnancy, while state lawmakers in North Carolina and Nebraska took up separate legislation to restrict abortion in those states. In North Carolina, the Republican-controlled state legislature voted to override…
