ABB Shareholders Approve Accelleron Spinoff
ZURICH (Reuters) – ABB shareholders approved on Wednesday spinning off turbocharging business Accelleron, whose products increase engine output and raise…
Reuters
Putin To Look At Revising ‘cheating’ Ukrainian Grain Export Deal
VLADIVOSTOK, Russia (Reuters) -President Vladimir Putin said on Wednesday that Russia and the developing world had been “cheated” by a…
Finnair To Cut Costs, Reduce Fleet To Return Profitable
(Corrects to read Wednesday (not Monday), paragraph 1) HELSINKI (Reuters) – Finnair will reduce its fleet, cut costs and seek…
China State Firms Takeover Evergrande’s $1.1 Billion Holding In Shengjing Bank
HONG KONG (Reuters) – State-owned companies of the Chinese northestern city of Shenyang bought China Evergrande Group’s shareholding in Shengjing…
Murmurs Of ‘sterling Crisis’ No Longer Fanciful: Mike Dolan
By Mike Dolan LONDON (Reuters) – Even though fears of another “sterling crisis” have been wide of the mark for…
Marketmind: King Dollar
A look at the day ahead in European and global markets from Tom Westbrook In the dying days of zero…
IDB Increases Financing To Argentina As Foreign Reserves Dwindle
BUENOS AIRES (Reuters) -Argentina and the Inter-American Development Bank (IDB) agreed on Tuesday to expand financing to the country by…
United Airlines Threatens To Drop JFK Service If U.S. Does Not Approve More Flights
WASHINGTON (Reuters) – United Airlines said on Tuesday it plans to end services in October to New York’s John F….
Oil Falls On Renewed Demand Concerns, Rate Hike Expectations
By Isabel Kua SINGAPORE (Reuters) – Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and…
Battered British Pound Stuck In The Fryer For Now: Reuters Poll
By Jonathan Cable LONDON (Reuters) – Britain’s struggling currency will not regain its losses against the U.S. dollar anytime soon…