Category Archives:
Exclusive-U.S. FAA finds Boeing 787 certification documents incomplete -sources
By Eric M. Johnson and David Shepardson SEATTLE/WASHINGTON (Reuters) - U.S. air-safety regulators have told Boeing Co the documentation it submitted to win approval to resume 787 deliveries to airline...
May 13, 2022
U.S. CDC closes investigation on Abbott’s infant formula
(Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) has closed its investigation on Abbott Laboratories' infant formula, with no additional cases of infections, according to a notice...
May 13, 2022
Alibaba lays off 40% of AliExpress Russia staff amid Ukraine war – Nikkei
(Reuters) - Alibaba Group Holding has laid off about 40% of the staff in its Russian joint venture as the ongoing Ukraine crisis disrupts cross-border business, the Nikkei reported on Friday. The Chin...
May 13, 2022
Russian inflation jumps to 17.83% in April, highest since early 2002
(Reuters) - Consumer inflation in Russia accelerated in April to 17.83% in year-on-year terms, its highest level since January 2002, data showed on Friday, as it got a boost from the volatile rouble a...
May 13, 2022
Benetton, Blackstone seek green light from Italy’s govt for Atlantia bid
By Giuseppe Fonte and Francesca Landini ROME (Reuters) - The Benetton family and U.S. fund Blackstone have notified the Italian government about their takeover offer for Atlantia to secure Rome's gree...
May 13, 2022
Aeroflot buys eight Airbus aircraft from foreign leasing firms
(Reuters) - Russia's biggest airline, Aeroflot, said on Friday it had bought eight Airbus aircraft from foreign leasing companies. Russian authorities said in March they had transferred more than 50% ...
May 13, 2022
Fed’s Mester: Need “several months” of inflation moving down to call the peak
WASHINGTON (Reuters) - Inflation will need to move lower for "several months" before the Federal Reserve officials can safely conclude it has peaked, Cleveland Fed president Loretta Mester said Friday...
May 13, 2022
QUOTES-Musk puts Twitter deal on hold
LONDON (Reuters) - Elon Musk on Friday put his $44-billion deal for Twitter Inc temporarily on hold, sending the social media company's shares some 20% lower in pre-market trading and on the Frankfurt...
May 13, 2022
Activist Elliott increases stake in UK wealth manager Brewin Dolphin
LONDON (Reuters) -Elliott has pushed its stake above 5% in Brewin Dolphin, a British wealth manager which is under offer from Royal Bank of Canada, the activist investor said on Friday. Elliott's stak...
May 13, 2022
Exclusive-Pension fund Caisse weighs protest vote over lack of francophone directors at CN Rail-source
By Allison Lampert and Simon Jessop MONTREAL/LONDON (Reuters) - Canada's second-largest pension fund is considering withholding support from certain Canadian National Railway Co directors at an upcomi...
May 13, 2022
Peoria, IL, USA
62 °F Sunny
