Category Archives:
Independence Day but no fireworks for markets
A look at the day ahead in markets from Sujata Rao. Americans shopping for July 4 barbecues will pay an average 17% more than last year for items such as burgers and lemonade, according to the America...
Jul 04, 2022
Ryanair records busiest month ever in June, load factor hits 95%
DUBLIN (Reuters) - Ryanair had its busiest month ever in June as it flew 15.9 million passengers, up from just 5.3 million a year earlier and topping a previous high set in May. Its load factor, which...
Jul 04, 2022
Volkswagen’s software unit to be streamlined, Cariad head tells FAZ
BERLIN (Reuters) - Volkswagen's software unit Cariad will be streamlined in efforts to step up the pace of software development, Dirk Hilgenberg, the head of the unit, told the Frankfurter Allgemeine ...
Jul 04, 2022
Digital banking start-up YAP raises $41 million, to expand into Saudi Arabia
By Alexander Cornwell DUBAI (Reuters) -YAP, a digital bank in the United Arab Emirates, said on Monday it had raised $41 million in funding and targeted raising another roughly $20 million to finance ...
Jul 04, 2022
France’s Schneider Electric to sell Russia unit to local management
PARIS (Reuters) -France's Schneider Electric SE has agreed to sell its Russian unit to the local leadership team, it said on Monday, joining a wave of companies divesting their Russian businesses. Sch...
Jul 04, 2022
No experience, no resume, you’re hired! Hotels fight for staff
By Andrew Mills, Corina Pons and Catarina Demony DOHA/LISBON/MADRID (Reuters) - Top European hotel chains are hiring workers without experience or even a resume as executives admit years of underpayin...
Jul 04, 2022
French group Thales in partnership with EXPAL for Australia military
PARIS (Reuters) -French defence and technology group Thales announced on Monday a partnership with EXPAL Systems to provide material for the Australian military, as France and Australia aim to improve...
Jul 03, 2022
BTS rekindle debate about military service in South Korea
By Hyonhee Shin and Yeni Seo SEOUL (Reuters) - A surprise decision by South Korean boy band BTS to take a break from live shows has rekindled debate about mandatory military service in a country setti...
Jul 03, 2022
China, HK to launch rate ‘Swap Connect’ toward financial integration
HONG KONG (Reuters) - China and Hong Kong will launch "Swap Connect" after six months, allowing mutual access to interest rate swap trading initially, to promote financial derivatives markets on both ...
Jul 03, 2022
Gold teeters above $1,800 as lower yields counter dollar strength
By Bharat Gautam (Reuters) - Gold inched higher in choppy trade on Monday, as weakness in Treasury yields kept prices above the $1,800-mark and marginally outweighed pressure stemming from elevated U....
Jul 03, 2022
Peoria, IL, USA
54 °F Overcast
