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Airlines take aim at Italy’s plans to bring down sky-high prices
ROME (Reuters) - A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free mar...
Syndicated Content Aug 07, 2023
Fires threaten Indigenous community in Canada’s B.C. province, again
By Anna Mehler Paperny TORONTO (Reuters) - Members of Lytton First Nation are fleeing their homes again amid record-setting blazes in the province of British Columbia, having yet to rebuild since a de...
Syndicated Content Aug 07, 2023
Tesla names insider Taneja CFO as Kirkhorn steps down
(Reuters) -Tesla finance chief Zachary Kirkhorn has stepped down after four years in the role, the world's most valuable automaker said on Monday and appointed accounting head Vaibhav Taneja in his pl...
Syndicated Content Aug 07, 2023
PayPal launches stablecoin in crypto push
(Reuters) -Payments firm PayPal on Monday launched a U.S. dollar stablecoin in a bid to boost the adoption of digital currencies for payments and transfers. The stablecoin, known as PayPal USD, is bac...
Syndicated Content Aug 07, 2023
Goldman Sachs’ Jeff Currie, who predicted commodities supercycle, to retire
By Saeed Azhar NEW YORK (Reuters) - Goldman Sachs' global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity prices in the 2000s, is retiring, ...
Syndicated Content Aug 07, 2023
Packaging firm Veritiv Corp to be bought by CD&R for $2.3 billion
(Reuters) - Packaging solutions firm Veritiv Corp said on Monday it has agreed to be bought by private equity firm Clayton, Dubilier & Rice, LLC (CD&R) for $2.3 billion, in a deal that would take the ...
Syndicated Content Aug 07, 2023
Fed’s Bowman: More rate hikes likely needed to bring inflation to target
(Reuters) - Additional interest rate hikes will likely be needed in order to lower inflation to the U.S. Federal Reserve's 2% target, Fed Governor Michelle Bowman said on Monday. Bowman, in remarks pr...
Syndicated Content Aug 07, 2023
TSMC to decide in favour of German factory on Tuesday – Handelsblatt
BERLIN (Reuters) - Taiwanese semiconductor manufacturer TSMC's board of directors will decide in favour of building a factory in the German city of Dresden, the Handelsblatt daily reported on Monday, ...
Syndicated Content Aug 07, 2023
Iberian Peninsula braces for heatwave as wildfires blaze on in Portugal
MADRID/LISBON (Reuters) - Spain and Portugal on Monday braced for the first day of a week-long heatwave that meteorologists expected to push thermometres above 44 Celsius (111 Fahrenheit) in parts of ...
Syndicated Content Aug 07, 2023
Vale loses bid to block BHP’s London lawsuit in Brazil dam case
LONDON (Reuters) - Vale on Monday lost a bid to block fellow mining giant BHP Group's bid to have it share potential liability in a 36 billion-pound ($46 billion) London lawsuit over Brazil's worst en...
Syndicated Content Aug 07, 2023
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