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S&P Global downgrades developer Greenland to ‘selective default’
HONG KONG (Reuters) -Ratings agency S&P Global on Wednesday downgraded Greenland Holdings to "selective default", after the Chinese state-backed property developer extended the maturity of its $500-mi...
Syndicated Content Jun 22, 2022
Friday’s Russell rebalance may stoke more volatility in nervous stock market
By Chuck Mikolajczak NEW YORK (Reuters) - Investors in the volatile U.S. stock market are preparing for what may be one of the heaviest trading days of the year on Friday, as FTSE Russell completes th...
Syndicated Content Jun 22, 2022
$2.4 trillion put into energy in 2022 not enough to tackle supply crunch – IEA
BRUSSELS (Reuters) - The $2.4 trillion set to be invested in energy this year includes record spending on renewables but falls short of plugging a supply gap and tackling climate change, the Internati...
Syndicated Content Jun 22, 2022
Bombardier workers vote on contract offer, threat of strike looms
By Allison Lampert MONTREAL (Reuters) - Bombardier Inc workers on a key program for the Canadian business jet maker will decide on Wednesday whether to accept a new contract offer or walk off the job....
Syndicated Content Jun 22, 2022
Explainer-Why is there a worldwide oil-refining crunch?
By Laura Sanicola (Reuters) - Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial production. P...
Syndicated Content Jun 22, 2022
Piedmont Lithium looks abroad amid North Carolina uncertainty
By Ernest Scheyder (Reuters) - Piedmont Lithium Inc's first steps toward securing lithium supplies will be in Quebec or Ghana, not the United States, as an intensifying North Carolina regulatory revie...
Syndicated Content Jun 22, 2022
SoftBank overseas business chief exits in latest churn
By Sam Nussey TOKYO (Reuters) -Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes wh...
Syndicated Content Jun 21, 2022
Google News re-opens in Spain after eight-year shutdown
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet reopened Google News in Spain on Wednesday, eight years after it shut down the service because of a Spanish rule forcing the company and other news aggreg...
Syndicated Content Jun 21, 2022
Exclusive-Inside the hangar at the centre of the $1 billion Airbus-Qatar jet dispute
By Alexander Cornwell and Tim Hepher DOHA (Reuters) - Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international...
Syndicated Content Jun 21, 2022
Progress made in IMF-Pakistan talks on bailout programme -IMF official
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Important progress has been made in talks between the International Monetary Fund and Pakistan to revive the country's bailout programme, the lender's r...
Syndicated Content Jun 21, 2022
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