Category Archives:
Pilot strike has accelerated SAS’ decision to file for Chapter 11, CEO says
COPENHAGEN (Reuters) - A strike by SAS pilots has accelerated the airline's decision to file for Chapter 11 bankruptcy protection in the United States, the airline's CEO, Anko van der Werff, said on T...
Jul 05, 2022
U.S. to offer rewards for tips on illegal maritime activity in the Middle East
(Reuters) - The U.S. Naval Forces Central Command (NAVCENT) said on Tuesday it will begin rewarding individuals for providing information that leads to the seizure of cargo such as illegal weapons or ...
Jul 05, 2022
Russia’s Potanin says he is ready to discuss possible Nornickel-Rusal merger
(Reuters) -Russian businessman Vladimir Potanin, the largest shareholder at mining giant Nornickel, said on Tuesday that he was ready to discuss a possible merger of Nornickel with aluminium producer ...
Jul 05, 2022
Elderly man from Mexico, synagogue teacher among dead in Chicago suburb shooting
By Kanishka Singh (Reuters) - Among those killed in the mass shooting at a Fourth of July parade in the Chicago suburb of Highland Park were a teacher at a synagogue and a man in his 70s who came from...
Jul 05, 2022
AstraZeneca to buy oncology firm TeneoTwo for up to $1.27 billion
(Reuters) - AstraZeneca said on Tuesday it will acquire oncology firm TeneoTwo Inc in a deal worth up to $1.27 billion, including the company's initial stage T-cell engager. The London-listed drugmake...
Jul 05, 2022
Marketmind: Inflation vs recession
A look at the day ahead in markets from Dhara Ranasinghe. Yes, recession risk remains high on markets' radar but no, there are yet few signs that central banks will be swayed in their determination to...
Jul 05, 2022
Equinor starts shutting Norwegian oilfields due to strike
OSLO (Reuters) - Norway's Equinor has initiated a shutdown of the Gudrun, Oseberg South and Oseberg East fields in the North Sea as a result of a strike among Norwegian offshore workers, the company s...
Jul 05, 2022
SAS applies for Chapter 11 in the United States
STOCKHOLM (Reuters) - SAS has filed for bankruptcy in the United States, the Scandinavian airline said on Tuesday, warning strike action by pilots had impacted its financial position and liquidity. It...
Jul 05, 2022
Qatar’s economy grows 2.5% in first quarter
DUBAI (Reuters) - Qatar's economy grew 2.5% in the first quarter from a year earlier, although the growth fell slightly from the previous quarter, official estimates showed on Tuesday. Qatar's real gr...
Jul 05, 2022
Credit Suisse names new head of Swiss private banking
ZURICH (Reuters) - Credit Suisse on Tuesday said it was naming Roger Suter its new head of private banking in Switzerland, succeeding current manager Serge Fehr. "Credit Suisse is today announcing tha...
Jul 05, 2022
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