U.S. Weekly Jobless Claims Rise; Layoffs Hit 16-month High In June
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and demand for…
Reuters
Telecom Italia To Cut Thousands Of Jobs In Break-up Plan
By Elvira Pollina ROME (Reuters) -Telecom Italia (TIM) could cut more than 9,000 jobs by 2030 and is ready to…
Lufthansa Staff Call For An End To Cost-cutting Amid Airport Chaos
BERLIN (Reuters) – Lufthansa staff have called on the German flag carrier to end its “cost-cutting craziness”, accusing the airline…
Euro Just Off Two-decade Low, Volatility At Highest Since March 2020
By Stefano Rebaudo (Reuters) -A slight pullback in the dollar offered the euro some respite, allowing it to edge away…
China, U.S. Trade Teams Agree To Maintain Close Communication: China Commerce Ministry
BEIJING (Reuters) – The trade and economic teams of China and the United States agreed to maintain close communication following…
King Dollar, You Reign Supreme
A look at the day ahead in markets from Dhara Ranasinghe. Whoever coined the phrase “king dollar” certainly had good…
Sri Lanka Central Bank Raises Rates, Targets Inflation Despite Contraction In Economy
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka’s central bank raised key interest rates to the highest…
Merck In Advanced Talks To Buy Seagen In Nearly $40-billion Deal – WSJ
(Reuters) -Drugmaker Merck & Co is in advanced talks to buy cancer-focused biotech company Seagen Inc in a deal that…
Exxon Delivers First Sustainable Aviation Fuel Cargo To Singapore Changi Airport
SINGAPORE (Reuters) – Exxon Mobil Corp said on Thursday it has delivered the first sustainable aviation fuel (SAF) cargo to…
Suncity Shares Set To Open Up 114% After Naming New Majority Shareholder
HONG KONG (Reuters) – Shares in Macau’s Suncity Group Holdings Ltd were set to open 114% higher on Thursday after…