By Praveen Menon SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, said on Tuesday that long-serving CEO Alan Joyce would step aside in November, and named Vanessa Hudson as its next chief executive officer. Below is a timeline of key events in Joyce’s 15-year career as one of the longest-serving CEOs of a major…
By Svea Herbst-Bayliss and Carolina Mandl BEVERLY HILLS (Reuters) -Investors breathed easier on Monday after a weekend auction found a buyer for troubled First Republic Bank, though some said they were worried the crisis in regional banks is not over and hedge funds bet other dominos may still fall. As Wall Street money managers, banking…
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service (USPS) said on Monday it expected to receive next-generation delivery vehicles in June 2024, nine months behind a prior schedule. In March 2022, the USPS placed an initial $2.98 billion order for 50,000 next-generation delivery vehicles from Oshkosh Corp and previously said it expected to…
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland. The Reserve Bank of Australia kicked off a string of major central bank meetings this week by surprising markets with a quarter-point rate hike, when most had been positioned for a pause. It even signalled the possibility of…
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland. The Reserve Bank of Australia kicked off a string of major central bank meetings this week by surprising markets with a quarter-point rate hike, when most had been positioned for a pause. It even signalled the possibility of…
LOS ANGELES (Reuters) – Thousands of Hollywood film and television writers will go on strike starting Tuesday, an action that will disrupt TV production. How will the walkout by the Writers Guild of America’s affect viewers’ favorite TV shows and movies? Which shows will feel the first impact of the strike? Late-night talk shows such…
By Ben Kellerman and Doyinsola Oladipo NEW YORK (Reuters) -Serena Williams confirmed she is expecting baby number two on Monday, telling reporters at the star-studded Met Gala in New York that there were “three of us” on the red carpet, where she arrived with husband Alexis Ohanian. The 23-times major winner announced last year that…
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Banking sector problems in the United States and Europe were caused by liquidity and interest rates risks, but won’t impact on Japan’s economy and financial system for now, Economy Minister Shigeyuki Goto said on Tuesday. Goto spoke to Reuters in an interview after U.S. regulators seized First…
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service (USPS) said on Monday it expected to receive next-generation delivery vehicles in June 2024, nine months behind a prior schedule. In March 2022, the USPS placed an initial $2.98 billion order for 50,000 next-generation delivery vehicles from Oshkosh Corp and previously said it expected to…
By Byron Kaye and Archishma Iyer (Reuters) – Top Australian grocer Woolworths Group Ltd posted a bigger than expected rise in third-quarter sales as shoppers bought more of its cheaper house-brand products to cut costs amid spiralling living expenses. The March quarter update illustrates the impact on non-discretionary consumption patterns in the country after a…
