American Airlines’ reliance on partners faces test after court ruling
By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines’ plan to grow revenue by relying more heavily on alliance partners to…
Business
Marketmind: Jubilant markets eye jobs in June jump
A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed,…
Volkswagen brings VW bus back to North American market after 20 years
FRANKFURT (Reuters) – Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, the…
Japan’s govt will vow to end deflation with bold monetary, flexible fiscal policy -draft
By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) – Japan’s government will pledge to pull the economy out of deflation…
German finance ministry steps up 2024 budget pressure on ministries
BERLIN (Reuters) – Germany’s Finance Ministry has informed the other ministries of what budget funds will be available to them…
US Congress averts historic default, approves debt-limit suspension
By Richard Cowan and Gram Slattery WASHINGTON (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President…
Global airline summit to tackle travel boom, climate goals
By Tim Hepher, Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) – Airlines will ride the crest of a faster-than-expected recovery…
Japan’s Nikkei closes at 32-year high as US default fears ease
By Rocky Swift TOKYO (Reuters) – Japanese stocks rose on Friday, with the benchmark Nikkei index closing at a three-decade…
Analysis-Lufthansa’s ITA deal heralds more European airline tie-ups
By Joanna Plucinska and Angelo Amante LONDON/ROME (Reuters) – Lufthansa’s purchase of a minority stake in Italy’s loss-making ITA Airways…
Analysis-Banks break taboo for high-risk bonds
By CarloGiovanni Boffa and Chiara Elisei (Reuters) – Investors who earned easy money with high-risk bonds invented after the financial…