By Aditya Soni and Hyunjoo Jin (Reuters) -Tesla shares closed 4% higher on Friday after General Motors joined Ford in agreeing to use its electric-vehicle charging network, a big win that analysts said could make Tesla Superchargers an industry standard in the United States. The rare partnership among three of the biggest U.S. automakers ensures…
(Reuters) – Onex Corp’s WestJet and pilots at its budget carrier Swoop ratified a new four-year agreement for pay hikes and job security, the Air Line Pilots Association International (ALPA) said on Friday. As negotiated in the agreement, WestJet said it will begin integrating the ultra-low-cost airline into its mainline operations by the end of…
(Reuters) – Daily U.S. sign-ups for Netflix have jumped in the first few days after the streaming giant’s password-sharing crackdown came into effect on May 23, data from research firm Antenna showed. The news sent shares of the company up 2.3% to $418.92 in early trading. Looking for new ways to make money in a…
BELGRADE (Reuters) – Tens of thousands of Serbians joined an anti-government protest in Belgrade on Friday for the sixth time since May 3, blaming a culture of violence for the deaths of 18 people in two mass shootings and calling on the interior minister to resign. Chanting “(Serbian President Aleksandar) Vucic out!” and holding a…
PARIS (Reuters) -France’s finance ministry is working on plans to close a tax loophole benefiting short-term furnished rentals such as Airbnb, Finance Minister Bruno Le Maire said on Friday. Many big French cities are facing housing shortages and renting flats to tourists on platforms such as Airbnb is often blamed for reducing the supply of…
PARIS (Reuters) -France’s finance ministry is working on plans to close a tax loophole benefiting short-term furnished rentals such as Airbnb, Finance Minister Bruno Le Maire said on Friday. Many big French cities are facing housing shortages and renting flats to tourists on platforms such as Airbnb is often blamed for reducing the supply of…
By Karen Brettell NEW YORK (Reuters) – The dollar bounced off two-week lows on Friday as investors awaited inflation data and the Federal Reserve’s interest rate decision next week for any new clues on how high the U.S. central bank is likely to hike rates. The Fed is expected to hold rates steady at its…
By Nelson Acosta HAVANA (Reuters) -Colombia’s government and the left-wing ELN guerrilla group declared a bilateral ceasefire on Friday, as a third cycle of peace talks closed in Havana. Preparations for the ceasefire, which will come into full force on Aug. 3 and last 180 days, are due to begin immediately, said Cuba´s foreign minister…
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan presented its federal budget for the next fiscal year, one of three measures the International Monetary Fund (IMF) will gauge before releasing at least some of the $2.5 billion still pending under a lending programme expiring this month. The cash-strapped country, with reserves to barely meet a…
By Katherine Masters NEW YORK (Reuters) – A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving luxury retailers to search out new sources of revenue and, in some cases, to shift their merchandise strategies, several retailers said. Jewelry company Signet , which owns brands including Kay, Jared and Zales, was the…
