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Exclusive-Lockheed exits US Air Force tanker competition; lifting Boeing’s KC-46
By Valerie Insinna and Mike Stone WASHINGTON (Reuters) -Lockheed Martin Corp has withdrawn from the U.S. Air Force's competition to build at least 75 refueling tankers, the company said, giving Boeing...
Syndicated Content Oct 23, 2023
UAW reaches tentative agreement with General Dynamics
(Reuters) - The United Auto Workers (UAW) union and General Dynamics have reached a tentative agreement over a new labor contract covering hundreds of workers at some of the U.S. defense contractor's ...
Syndicated Content Oct 23, 2023
Countries deadlocked on ‘loss and damage’ fund as UN climate summit nears
By Valerie Volcovici WASHINGTON (Reuters) - Countries are deadlocked over how to design a fund to help countries recover and rebuild from climate change-driven damage, with just over 30 days left befo...
Syndicated Content Oct 23, 2023
Russia to hike rates to 14% as inflation pressure remains high – Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Russia will hike its benchmark interest rate to 14% on Friday and give another hawkish signal to the market, a Reuters poll showed, with th...
Syndicated Content Oct 23, 2023
GM workers in Brazil go on strike in protest against layoffs
SAO PAULO (Reuters) - Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out by the U.S.-based automaker in the country, a...
Syndicated Content Oct 23, 2023
Bank of Israel holds key interest rate at 4.75%
JERUSALEM (Reuters) - The Bank of Israel kept short-term borrowing rates unchanged for a third straight decision as expected on Monday, as policymakers worried about reigniting inflation despite a wea...
Syndicated Content Oct 23, 2023
Microsoft to spend $3.2b in Australia as AI regulation looms
By Byron Kaye SYDNEY (Reuters) - Microsoft said it will spend A$5 billion ($3.2 billion) expanding its artificial intelligence (AI) and cloud computing abilities in Australia over two years as part of...
Syndicated Content Oct 23, 2023
US prosecutor who targeted spoofing misconduct leaves DOJ
By Chris Prentice NEW YORK (Reuters) - The head of the U.S. Justice Department's team in Washington tasked with prosecuting market manipulation and fraud has left the agency to join a law firm focused...
Syndicated Content Oct 23, 2023
Fisker adjusts prices as EV market sees signs of demand slowdown
(Reuters) - Fisker cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with a slowdown in electric-vehicle demand and a pric...
Syndicated Content Oct 23, 2023
Swiss shift rightwards in vote as immigration fears trump environment
ZURICH (Reuters) - Switzerland moved rightwards in an election on Sunday, giving the right-wing Swiss People's Party (SVP) more seats in parliament as concerns about rising immigration outweighed thos...
Syndicated Content Oct 23, 2023
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