US says probe into Southwest Airlines December meltdown ongoing
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department (USDOT) on Wednesday said its comprehensive investigation into Southwest Airlines’ December…
Fitch highlighted Jan. 6 insurrection in talks with Treasury ahead of US downgrade
By Davide Barbuscia NEW YORK (Reuters) -Fitch downgraded the U.S. credit rating due to fiscal concerns, a deterioration in U.S…
GSK sues Pfizer in US for patent infringement over RSV vaccine
By Blake Brittain (Reuters) -British biopharmaceutical giant GSK sued Pfizer in a U.S. court on Wednesday, alleging that Pfizer’s respiratory…
Major global firms warn of slow China sales as post-pandemic surge fades
(Reuters) – Global firms from consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar have warned of slowing…
Apollo leads deal for trucking firm Yellow’s bankruptcy loan – Bloomberg News
(Reuters) – Creditors led by Apollo Global Management Inc are nearing a deal to provide Yellow Corp with fresh cash…
Biden admin split over ethanol’s role in aviation fuel subsidy program
By Jarrett Renshaw, Stephanie Kelly and Leah Douglas (Reuters) – The Biden administration is divided over whether to grant a…
Airbus unveils order from Wizz Air for 75 A321neo jets
PARIS (Reuters) -Airbus has won an order from Wizz Air for 75 additional A321neo aircraft, the European planemaker said on…
Hugo Boss stays strong amid tough China, U.S. markets
By Linda Pasquini and Helen Reid (Reuters) – Hugo Boss raised its sales and profit outlook on Wednesday as a…
Russian economy grows 5.3% year on year in June
MOSCOW (Reuters) – Russia’s economy grew 5.3% in June year on year, the economy ministry said on Wednesday, after an…
Russian rouble tumbles to over 16-month low past 94 vs dollar
By Alexander Marrow (Reuters) – The Russian rouble tumbled over 2% to a more than 16-month low past 94 against…