Category Archives:
J.P.Morgan slaps ‘sell’ rating on Rolls-Royce, shares drop
(Reuters) - Rolls-Royce's plan to focus on the development of electric aero engines and greener fuel options raises doubts over the prospects of its mainstay civil aviation business, J.P.Morgan said i...
Apr 12, 2022
U.S. consumer prices accelerate in March
WASHINGTON (Reuters) - U.S. monthly consumer prices increased by the most in 16-1/2 years in March as Russia's war against Ukraine boosted the cost of gasoline to record highs, cementing the case for ...
Apr 12, 2022
Saudi Arabia leads OPEC decision to drop IEA data as US ties fray
By Maha El Dahan, Dmitry Zhdannikov and Alex Lawler DUBAI (Reuters) - A decision driven by Saudi Arabia that OPEC+ should stop using oil data from the West's energy watchdog reflected concern about U....
Apr 12, 2022
Airbus accelerates hunt for alternative titanium supplies
(Reuters) - European planemaker Airbus is accelerating efforts to find alternative supplies of titanium, for which Russia is the world's largest supplier, Chief Executive Guillaume Faury said. Airbus ...
Apr 12, 2022
Exclusive – Franchise Group joins bidding for Kohl’s – sources
By Svea Herbst-Bayliss (Reuters) - Franchise Group Inc, owner and operator of retail stores such as The Vitamin Shoppe and Buddy's Home Furnishings, has entered the race for Kohl's Corp with a $9 bill...
Apr 12, 2022
Universal Music can’t help falling for Elvis Presley, to manage song catalog
(Reuters) - Universal Music is adding the song catalog of the "King of Rock 'n' Roll", Elvis Presley, including hits such as "Can't Help Falling in Love" and "Jailhouse Rock", under a publishing deal ...
Apr 12, 2022
Brazil’s Ebanx ties-up with VTEX to target Latin American payments
(Reuters) - Brazilian fintech Ebanx said on Tuesday it has launched a partnership with digital commerce platform VTEX, in a new push to provide expanded payment services for its Latin American clients...
Apr 12, 2022
Soaring prices of online goods may flash another warning for the Fed
By Howard Schneider and Lindsay Dunsmuir (Reuters) - Prices for online goods continued to surge in March at a record pace, data released on Tuesday from Adobe Inc showed, adding a potentially troublin...
Apr 12, 2022
American Airlines expects Q1 revenue to be down 16% from pre-pandemic levels
(Reuters) - American Airlines said on Tuesday it expects first-quarter total revenue to be down about 16% compared to pre-pandemic levels, as airlines struggle to meet rising travel demand with limite...
Apr 12, 2022
Russia’s LNG plans face rethink after EU sanctions on equipment -analysts
(Reuters) - Russia will need to rethink its aim of a 20% share of the global LNG market after EU sanctions targeted equipment it needs to expand production, analysts said. Russia had planned to reach ...
Apr 12, 2022
Peoria, IL, USA
57 °F Partly cloudy
