By Gabriella Borter ALBUQUERQUE, New Mexico (Reuters) – The day Alan Braid opened his abortion clinic for business in Albuquerque, New Mexico, last August, he looked out at a waiting room full of patients fresh off trips from Texas, some with suitcases in tow. Several months later, Dr. Braid’s daughter Andrea Gallegos drew a similar…
(Adds graphic) By Aditi Shah and Tim Hepher NEW DELHI/PARIS (Reuters) – Record plane orders by India’s top two carriers show the country’s untapped potential for air travel and its rise as an aviation superpower, but recent airline failures and rows over regulations suggest progress may not be smooth. Indian budget airline IndiGo announced at…
LONDON (Reuters) -Italian yacht maker Ferretti, pursuing an additional listing of shares in Milan, started taking stock orders from investors on Wednesday, as the luxury sector defies a tough economic backdrop. The company, which already trades on the Hong Kong bourse, plans to sell up to 97 million existing shares, representing around 28.7% of its…
LONDON (Reuters) – Britain, the United States and the European Union pledged billions of dollars of extra help to rebuild Ukraine on Wednesday. Below are the details of some of the commitments made in connection with the Ukraine Recovery Conference in London. EUROPEAN UNION The EU said on Tuesday it would provide Ukraine with 50…
By Bharath Rajeswaran BENGALURU (Reuters) – A roaring rally in mid- and small-cap stocks listed on Indian bourses could see abrupt corrections, as many of them trade at near or record highs even though overall consumption demand remains sluggish, at least six analysts said. The Nifty mid-cap 100 index has hit fresh all-time highs in…
By Kane Wu and Selena Li HONG KONG (Reuters) – UBS will start cutting Asia investment banking jobs at Credit Suisse next month, three people with knowledge of the matter said, as the banks move towards integrating businesses. UBS completed its emergency takeover of embattled rival Credit Suisse last week, forging a Swiss banking and…
By Kane Wu and Selena Li HONG KONG (Reuters) – UBS will start cutting Asia investment banking jobs at Credit Suisse next month, three people with knowledge of the matter said, as the banks move towards integrating businesses. UBS completed its emergency takeover of embattled rival Credit Suisse last week, forging a Swiss banking and…
By William Schomberg LONDON (Reuters) – British inflation defied forecasts of a fall in May and stayed far above price growth in the United States and elsewhere in Europe, pressuring the Bank of England to keep on raising interest rates despite the growing hit to mortgage-holders. Britain has struggled more than other countries with the…
(Reuters) – BMW’s strong ties with China are a “win-win” as the car industry shifts towards greener, more connected vehicles, said CEO Oliver Zipse after Chinese Premier Li Qiang visited the German carmaker’s headquarters in Munich on Wednesday. Accompanied by a high-ranking delegation, Li met with Zipse and other company executives as part of a…
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Investors on Wednesday ramped up bets on the Bank of England raising interest rates by a hefty half a percentage point on Thursday as inflation failed to fall in May, sending Britain’s two-year borrowing costs to a fresh 15-year. Inflation defied expectations that it would slow…
