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By David Shepardson (Reuters) -AT&T said on Tuesday it does not intend to immediately remove lead cables from Lake Tahoe pending further analysis, according to its court filing. Shares of AT&T this week hit their lowest level in 30 years, after analysts downgraded the stock following a July 9 Wall Street Journal report that AT&T…
By Jennifer Rigby LONDON (Reuters) – African countries are lining up to approve a new vaccine for malaria, with 20 million doses available for them to buy this year, the shot’s manufacturer told Reuters. This week, Nigeria’s medicines regulator followed Ghana’s, with the two nations becoming the first countries in the world to back the…
By Samuel Indyk LONDON (Reuters) – The euro rose on Monday as markets focused on the European Central Bank’s tools to fight fragmentation in the currency bloc, even after President Emmanuel Macron’s centrists lost their absolute majority in a French parliamentary election. Macron’s Ensemble alliance secured the most seats in the National Assembly but fell…
SYDNEY (Reuters) – Qantas on Monday unveiled plans for some aircraft to carry special livery supporting recognition of Aboriginal and Torres Straits Island people in Australia’s constitution, stepping into the divisive debate on Indigenous rights. Australians will vote in a landmark referendum later this year on whether they support altering the constitution to include a…
By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -The Russian ruble hit record lows on Monday while world stocks slid and oil prices jumped after the West ramped up sanctions against Moscow over its invasion of Ukraine, including blocking Russian banks from the SWIFT global payments system. Russia’s central bank hiked its key interest…
Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday shareholder vote on whether to accept one of those buyout offers after a flurry of counter proposals from Frontier Airlines and JetBlue Airways. Spirit said Wednesday that it rescheduled the vote on its preferred offer, from Frontier, until June 30, giving…
NEW YORK (AP) — Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy. Applications for jobless aid for the week ending Aug. 20 fell by 2,000 to 243,000, the Labor Department reported Thursday. The four-week average for claims,…
DUBLIN (Reuters) – The head of the world’s largest aircraft leasing company threw his weight behind Boeing on Monday and said the jetmaker would overcome a spate of industrial and certification problems. “I think Boeing will bounce back,” AerCap Chief Executive Aengus Kelly told the Airline Economics conference. “There are a few scenes in this…
BEIJING (Reuters) – Chinese regulators have asked financial institutions to extend more support to property developers to shore up the sector, two sources with direct knowledge of the matter said on Sunday. A notice to the institutions from the People’s Bank of China and the China Banking and Insurance Regulatory Commission covered 16 steps, such…
By Hyonhee Shin SEOUL (Reuters) – South Korean nuclear safety experts who visited Japan’s wrecked Fukushima nuclear power plant said on Wednesday that detailed analysis was needed to verify Japan’s plan to release tonnes of contaminated water from it into the sea. The Fukushima Daiichi nuclear station, about 220 km (130 miles) northeast of Tokyo,…
