U.S. FAA names independent safety review team to boost air safety
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) on Wednesday named an independent safety review team to…
Business
UK sees record sickness and zero productivity growth in 2022
By David Milliken LONDON (Reuters) – Britain saw a record number of working days lost due to short-term sickness last…
BYD lowers starting price for Seagull electric hatchback
SHANGHAI (Reuters) – Chinese electric car maker BYD has set the starting price for its Seagull hatchback at 73,800 yuan…
Russia revives fried chicken chain Rostic’s after KFC owner leaves
By Tatiana Gomozova and Alexander Marrow MOSCOW (Reuters) -Some former KFC restaurants in Russia began reopening as Rostic’s on Tuesday,…
Yuan overtakes dollar to become most-used currency in China’s cross-border transactions
SHANGHAI (Reuters) – The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the dollar…
Japan’s Honda Motor in strategic collaboration deal with TSMC
By Daniel Leussink TOKYO (Reuters) -Japan’s Honda Motor Co said on Wednesday it had struck a strategic collaboration agreement with…
StanChart profit beats forecasts on boon from rising rates
By Selena Li and Lawrence White HONG KONG/London (Reuters) – Standard Chartered PLC (StanChart) on Wednesday said first-quarter profit jumped…
Puma expects Q2 sales growth below full-year target after Q1 beat
By Linda Pasquini and Elizaveta Gladun (Reuters) -German sportswear maker Puma said on Wednesday it expected second-quarter sales to grow…
Brazil’s WEG posts Q1 net profit up 38%, in line with forecasts
SAO PAULO (Reuters) – Brazilian motor maker WEG SA on Wednesday reported a first-quarter net profit of 1.3 billion reais…
Bank of Canada rate-cut bets recede as core inflation proves sticky
By Fergal Smith TORONTO (Reuters) – Canadian inflation excluding food and energy costs is expected to remain above 3% until…