Heavy gunfire quickly shatters Sudan truce pushed by US
By Khalid Abdelaziz, Nafisa Eltahir and Humeyra Pamuk KHARTOUM (Reuters) – Heavy gunfire shattered a 24-hour truce in Sudan on…
US
Insurer Travelers profit falls as costs from severe storms bite
(Reuters) -Property and casualty insurer Travelers Companies Inc on Wednesday reported a fall in quarterly profit, hurt by severe wind…
Airline capacity constrained until 2025 due to delivery delays, spare parts -IATA
DUBLIN (Reuters) – Global airline capacity will be lower than expected this year and stay constrained until 2025 at the…
Silicon Valley 5G chip startup EdgeQ raises $75 million to boost production
By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley 5G chip startup EdgeQ Inc said on Wednesday it raised…
Storm clouds gather over highly indebted companies, Moody’s says
By Matt Tracy WASHINGTON (Reuters) – Credit ratings agency Moody’s Investors Service Inc said on Wednesday it has pushed more…
Spotify down for thousands of users
(Reuters) – Spotify was facing issues on Wednesday, the audio streaming platform said, with outage tracking website Downdetector reporting that…
Ryanair to trim schedules as 10 Boeing jets likely delayed
By Conor Humphries DUBLIN (Reuters) – Ryanair will have to trim its July schedule because it expects around 10 Boeing…
Citigroup hikes 2023 global growth forecast, sees US recession only in Q4
(Reuters) -Citigroup raised its 2023 global economic growth forecast to 2.4%, citing “solid” performance in the United States, euro area…
U.S. Bancorp beats profit estimates as higher rates boost interest income
(Reuters) – U.S. Bancorp (USB) on Wednesday beat estimates for first-quarter profit as rapid rate hikes from the Federal Reserve…
Exclusive: South Korea’s Yoon opens door for possible military aid to Ukraine
By Soyoung Kim, Ju-min Park and Hyonhee Shin SEOUL (Reuters) – South Korea might extend its support for Ukraine beyond…