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Microsoft inks computing infra deal with CoreWeave – CNBC
(Reuters) - Microsoft Corp may spend billions of dollars over multiple years on computing infrastructure from start-up CoreWeave, CNBC reported on Thursday, citing people familiar with the matter. The...
Syndicated Content Jun 01, 2023
American Airlines’ reliance on partners faces test after court ruling
By Rajesh Kumar Singh CHICAGO (Reuters) - American Airlines' plan to grow revenue by relying more heavily on alliance partners to ferry passengers in uncompetitive markets while bulking up flights to ...
Syndicated Content Jun 01, 2023
Peru’s inflation rate dips slightly in May but still above forecast
LIMA (Reuters) - Peru's inflation rate based on the metropolitan region of the capital Lima fell to 0.32% in May, government data showed on Thursday, but the rate of creeping consumer prices still cam...
Syndicated Content Jun 01, 2023
US fines British Airways $1.1 million over delayed refunds
WASHINGTON (Reuters) - The U.S. Transportation Department (USDOT) said on Thursday it is fining British Airways $1.1 million for failing to provide timely refunds to passengers for flights to and from...
Syndicated Content Jun 01, 2023
Pakistan central bank’s forex reserves fall $102 million to $4.09 billion in week ended May 26
KARACHI, Pakistan (Reuters) - Pakistan's central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt payments during the week ended May 26, the central bank said in a...
Syndicated Content Jun 01, 2023
Ford Motor Co sues Blue Cross Blue Shield in antitrust case over ‘astronomical’ profit
By Mike Scarcella (Reuters) - Ford Motor Co sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs...
Syndicated Content Jun 01, 2023
Citigroup hires former UBS banker for energy dealmaking – memo
By David French and Anirban Sen (Reuters) - Citigroup Inc has hired former UBS Group AG banker Dan Ford as a vice chairman within the natural resources and clean energy transition group of its investm...
Syndicated Content Jun 01, 2023
ATM maker Diebold Nixdorf files for bankruptcy to cut $2 billion in debt
By Dietrich Knauth NEW YORK (Reuters) - ATM maker Diebold Nixdorf filed for bankruptcy in Texas on Thursday, saying it had reached an agreement to reduce the company's overall debt by $2.1 billion. Th...
Syndicated Content Jun 01, 2023
CNN Worldwide appoints Warner Bros Discovery’s David Leavy as COO
(Reuters) - Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide, effective June 20, the media network said on Thursday. Leavy, who cur...
Syndicated Content Jun 01, 2023
Companies like Microsoft can help manage migration: incoming UN migration chief
By Emma Farge GENEVA (Reuters) - The incoming head of the U.N. migration agency said on Thursday that she has talked to companies like Microsoft to see how they can build partnerships to manage migrat...
Syndicated Content Jun 01, 2023
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