American Airlines union postpones vote for contract agreement
(Reuters) – American Airlines’ pilot union has indefinitely postponed the ratification vote for a tentative contract agreement, it said in…
July 2023
Nikola says damaged truck reignites at its headquarters
(Reuters) -An electric truck which was previously damaged reignited at Nikola’s Phoenix, Arizona headquarters on Sunday afternoon but there were…
UBS agrees to pay $388 million over Credit Suisse’s Archegos failings
By Noele Illien and John Revill ZURICH (Reuters) – UBS has been ordered to pay $388 million to British and…
US fuelmaker profits to fall from last year’s records
By Laura Sanicola (Reuters) – U.S. refining profits are expected to fall from last year’s records but remain strong as…
U.S. business activity growth slows as services soften
By Safiyah Riddle (Reuters) -U.S. business activity slowed to a five-month low in July, dragged down by decelerating service-sector growth,…
Toyota’s China joint venture dismisses about 1000 workers
SHANGHAI/TOKYO (Reuters) -Toyota Motor’s joint venture (JV) in China said on Monday that it has terminated early the contracts of…
Beauty salon ban in Afghanistan a blow to women’s financial freedom
By Mohammad Yunus Yawar and Charlotte Greenfield KABUL (Reuters) – For the last eight years, Marzia Reyazee has supported her…
Analysis-Bumpy road ahead for US gasoline demand and energy transition
By Shariq Khan (Reuters) – While U.S. gasoline demand is unlikely to rescale the pre-pandemic peaks of 2018 as the…
European shares hold steady, Spanish stocks lag on election jitters
By Sruthi Shankar, Shristi Achar A and Amruta Khandekar (Reuters) -European shares were marginally higher on Monday as gains in…
Canadian market participants see rates staying at 5% in 2023 -BoC survey
OTTAWA (Reuters) – The Bank of Canada (BoC) will not raise rates again and will start cutting a little later…