By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Friday after dismal business activity data from around the globe soured risk sentiment and as hawkish comments from central banks added to pressure on riskier currencies. U.S. business activity fell to a three-month low in June as services growth eased for…
(Reuters) – The crew of the Ocean Race’s Team JAJO endured several heart-stopping minutes on their approach to the Strait of Gibraltar on Thursday when their boat came under attack from a pod of orcas. Video footage shows the orcas, also known as killer whales, circling the Dutch yacht, before accelerating towards it, ramming into…
By Shreyashi Sanyal, Bansari Mayur Kamdar (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates could stay higher for longer, while shares of Siemens Energy plunged as it withdrew its annual profit outlook. The STOXX 600 index closed 0.3% lower after data showed…
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…
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) -PricewaterhouseCoopers Australia is looking to sell its government, education and healthcare practice to private equity firm Allegro Funds, according to a person familiar with the matter, as the firm battles the fall out from a major scandal. The scandal, which first broke in January, centres around a…
(Reuters) – The five people aboard a submersible visiting the wreck of the Titanic died after a catastrophic loss of the pressure chamber, U.S. Coast Guard officials said on Thursday. A “debris field” matching the submersible was discovered by a robotic deep-sea vessel. Here is a timeline of events since the start of the trip,…
MADRID (Reuters) – The co-founder of OceanGate Expeditions, which owned the submersible that imploded during a dive to the Titanic wreck, defended on Friday the chief executive’s commitment to safety and risk management after he died with four others on the craft. Guillermo Söhnlein, who co-founded OceanGate with Stockton Rush in 2009, left the company…
By Jack Queen (Reuters) -Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel’s owner from potential lawsuits by the victims’ families, legal experts said. The Titan submersible vanished on Sunday roughly two hours into its dive and was found in pieces…
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…
By Lisa Baertlein and Bianca Flowers (Reuters) – Workers at aerospace supplier Spirit AeroSystems were the latest U.S. union employees to reject a contract their leaders negotiated with their employer, joining freight railroad employees, airline pilots and others who are growing more fed up with stagnant pay, high healthcare costs, scanty sick time and uncertain…
