By Gabriel Araujo SAO PAULO (Reuters) -Investors were left disappointed by weaker-than-expected order numbers for Brazil’s Embraer at the world’s largest airshow last week, though some analysts were heartened by a bid from China and interest in Embraer’s electric aircraft unit. The world’s third-largest aircraft maker after Airbus and Boeing, Embraer bagged 13 fresh orders…
By Alexandra Ulmer and Marianna Parraga (Reuters) – A Russian oil firm is asking Venezuela’s state-run company PDVSA for permission to take control of exports from their joint ventures to revive cash flow from the five companies, which have been hard-hit by U.S. sanctions, two people involved in the talks said. Roszarubezhneft – a state-owned…
By Daria Sito-Sucic SARAJEVO (Reuters) – Lawmakers in Bosnia’s autonomous Serb Republic voted on Tuesday to suspend rulings by Bosnia’s constitutional court, a move described by experts as a “legal secession” that is set to deepen political divisions in the volatile Balkan country. The region’s separatist pro-Russian President Milorad Dodik, who has long criticised the…
By Nia Williams (Reuters) – Canada launched its first-ever national climate adaptation strategy on Tuesday, aimed at reducing the risk from extreme weather events like floods and wildfires and mitigating slow the impacts of fossil fuel-driven global warming, including melting permafrost. The strategy come as Canada tackles its worst-ever wildfire season, with 7.8 million hectares…
By Lisa Pauline Mattackal and Medha Singh (Reuters) -What would Satoshi make of it all? Bitcoin, the currency created to subvert the financial establishment, has shaken off weeks of sickness with the support of Wall Street’s finest. The original crypto coin has leapt 20% to two-month highs at $30,182 over the past 11 days after…
WASHINGTON (Reuters) – U.S. Deputy Secretary of State Wendy Sherman held a call with China’s ambassador to the United States on Tuesday to follow up on issues discussed during U.S. top diplomat Antony Blinken’s visit to Beijing last week, the State Department said. In the call with Chinese Ambassador Xie Feng, Sherman reiterated the importance…
By Tommy Wilkes LONDON (Reuters) – U.S. asset managers factor greenhouse gas emissions and other climate risks into their debt investment decisions as much as peers in Europe, according to a survey released on Tuesday, despite the Republican campaign against climate-focused investing in the United States. Nearly a third of North American fixed income managers…
(Reuters) -Thomson Reuters said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant for law professionals, in a $650 million all-cash deal. Thomson Reuters’ chief financial officer, Michael Eastwood, had said last month that the company planned to spend about $100 million a year to invest in artificial…
By Shankar Ramakrishnan NEW YORK (Reuters) -A type of derivative trade that became popular with companies over the past year to save on interest costs is seeing demand slow, with risk increasing that the bets could backfire as the Federal Reserve nears the end of its policy tightening cycle. The so-called pre-issuance hedges are derivative…
By Jennifer Rigby LONDON (Reuters) – Three global health bodies are teaming up to investigate stockpiling experimental vaccines for rare infectious diseases so the shots can be tested more quickly when outbreaks happen, a top official from vaccine alliance Gavi told Reuters. The initiative will be led by Gavi, the World Health Organization (WHO) and…
