Category Archives:
Lufthansa slashes flights amid Fraport personnel shortages
BERLIN (Reuters) - German flag carrier Lufthansa said it would cancel some domestic flights to Frankfurt from Thursday, an announcement that follows a staffing shortage warning from Germany's biggest ...
Apr 06, 2022
Fraport cancels flights due to personnel shortages
BERLIN (Reuters) - Germany's biggest airport operator Fraport said on Twitter on Wednesday it had to cancel flights as it was struggling to hire enough people after massive job cuts due to the COVID-1...
Apr 06, 2022
Textron nabs order for up to 30 Cessna Citation light jets from flyExclusive
(Reuters) - Cessna business jet maker Textron Aviation on Wednesday announced a firm order for five Cessna CJ3+ light jets with options for 25 more, as surging private air travel during the COVID-19 p...
Apr 06, 2022
Biden extends pause on student loan repayments through Aug. 31
WASHINGTON (Reuters) - U.S. President Joe Biden said on Wednesday his administration was extending a pause on student loan repayments through Aug. 31 of this year, giving borrowers additional financia...
Apr 06, 2022
Canada’s Ivey PMI shows activity expanding at record speed
TORONTO (Reuters) - Canadian economic activity expanded at its fastest pace on record in March, Ivey Purchasing Managers Index (PMI) data showed on Wednesday. The seasonally adjusted index rose to 74....
Apr 06, 2022
Cutting EU reliance on UK clearers like ending use of Russian energy, says commissioner
By Huw Jones LONDON (Reuters) - The European Union must cut its heavy reliance on derivatives clearing in London in the same way as the bloc is ending its dependency on Russian energy due to the war i...
Apr 06, 2022
U.S. charges Russian oligarch Malofeyev with violating sanctions
By Sarah N. Lynch WASHINGTON (Reuters) -The U.S. Justice Department has charged Russian oligarch Konstantin Malofeyev with violating sanctions imposed on Russia after its invasion of Ukraine, saying o...
Apr 06, 2022
German residential battery unit sales may surge 67% in 2022 – study
FRANKFURT (Reuters) - Sales of household power batteries in Germany may jump 67% in 2022 as residents employ energy-storage technology for a cheaper, renewable and more reliable supply of energy, indu...
Apr 06, 2022
China issues draft financial stability law to prevent systemic risks
SHANGHAI (Reuters) - China on Wednesday issued a draft law on financial stability in a bid to further strengthen safety nets to prevent systemic financial risks in the world's second biggest economy. ...
Apr 06, 2022
Gwyneth Paltrow, Cameron Diaz-backed Evernow raises $28.5 million
By Bhanvi Satija (Reuters) - A group of celebrity investors including Gwyneth Paltrow, Cameron Diaz and Drew Barrymore are backing telehealth startup Evernow, which raised $28.5 million in funding. Ev...
Apr 06, 2022
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