Carnival set to post strong revenue growth as new, younger customers drive demand

By Granth Vanaik (Reuters) – Carnival is expected to post robust second-quarter revenue growth as new and younger customers, undeterred by high inflation, spend on novel experiences such as cruising. While Americans have cut back on purchasing big-ticket non-essential goods due to soaring costs, protracted confinement to their homes during the pandemic has whet their…

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James Cameron says he wishes he’d sounded alarm over lost submersible

By Rollo Ross and Daniel Trotta (Reuters) – Movie director and submersible maker James Cameron said on Thursday he wishes he had sounded the alarm earlier about the submersible Titan that imploded on an expedition to the Titanic wreckage, saying he had found the hull design risky. All five aboard the vessel were killed. Cameron…

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Influencer Andrew Tate to stay under house arrest, court rules

BUCHAREST (Reuters) -Internet personality Andrew Tate will remain under house arrest in Romania for another 30 days from the end of June pending trial on charges of human trafficking, a Bucharest court ruled on Friday. Tate was indicted on Tuesday along with his brother Tristan and two Romanian female suspects for human trafficking, rape and…

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Desperately seeking staff: Paris Airshow lets jobless in for free

By Allison Lampert and Tim Hepher PARIS (Reuters) – Jean Blondin usually attends the world’s largest air show to find new contracts. This year, he has made the journey from Canada to look for something equally precious – workers. Labour shortages are an urgent topic at this week’s Paris Airshow, with gaps in the workforce…

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After Titanic sub disaster, industry faces scrutiny

By Brad Brooks and Daniel Trotta (Reuters) – The first fatal accident aboard a deep-sea tourist submersible is certain to raise calls for additional safety regulations, but industry experts say any new measures may be impossible to enforce given the international nature of the business. Moreover, they say the tragedy of the Titan submersible that…

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US FTC argues Microsoft’s deal to buy Activision should be blocked

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday argued in federal court for a preliminary injunction to temporarily block Microsoft’s acquisition of videogame maker Activision Blizzard. “If this deal is completed, the combined company … is likely to have the ability, an incentive, to harm competition in various markets related to…

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Mexico’s ‘super peso’ keeps gaining, but exports will likely suffer

By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso currency has reached its highest value versus the U.S. dollar in seven years, as the president celebrates its strength but analysts warn of harmful side effects on exports and remittances. The Mexican peso is among the top-performing currencies this year with a 12% surge against the…

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