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American Airlines plans tie-up with budget carrier JetSMART in South America
By Tracy Rucinski CHICAGO (Reuters) - American Airlines said on Thursday it is proposing acquiring a minority stake in budget carrier JetSMART in South America as part of a tie-up aimed at fueling gro...
Syndicated Content Jul 29, 2021
Nikola founder Trevor Milton indicted in US for misleading investors
NEW YORK (Reuters) -Trevor Milton, the founder of electric truck maker Nikola Corp, has been indicted on charges of making false and misleading statements to investors, the U.S. Department of Justice ...
Syndicated Content Jul 29, 2021
Top German court strikes down Facebook rules on hate speech
By Douglas Busvine BERLIN (Reuters) - A top German court has ruled that Facebook acted illegally in taking down racist posts and blocking the account of their author because the social network failed ...
Syndicated Content Jul 29, 2021
U.S. economy contracted 19.2% during COVID-19 pandemic recession
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy contracted at a record average annualized rate of 19.2% from its peak in the fourth quarter of 2019 through the second quarter of 2020, govern...
Syndicated Content Jul 29, 2021
IMF sees “critical role” as world transitions to digital money
NEW YORK (Reuters) - The International Monetary Fund must ramp up its resources as it seeks to "monitor, advise on, and help manage this far-reaching and complex transition" to digital money, accordin...
Syndicated Content Jul 29, 2021
German inflation jumps to 3.1%
BERLIN (Reuters) - Germany's annual consumer price inflation accelerated by more than expected in July, rising further above the European Central Bank's target of close to but below 2%, the Federal St...
Syndicated Content Jul 29, 2021
Bank of England to end euro liquidity facility
LONDON (Reuters) - The Bank of England said on Thursday that it would end a facility that allowed British-based financial institutions to access funds in euros, due to improved market conditions which...
Syndicated Content Jul 29, 2021
Workhorse Group appoints Richard Dauch CEO
(Reuters) - Electric vehicle company Workhorse Group said on Thursday it appointed Richard Dauch as chief executive officer. The company also said it was withdrawing its previously stated forecast dur...
Syndicated Content Jul 29, 2021
Orange Spain will invest close to 4 billion euros in 2021 despite bruising market
MADRID (Reuters) - Orange's Spanish unit will invest nearly 4 billion euros ($4.75 billion) in 2021, CEO Jean-Francois Fallacher said on Thursday, almost quadrupling 2020's investment levels despite b...
Syndicated Content Jul 29, 2021
Mastercard profit beats estimates on overall spending boost
(Reuters) - Mastercard Inc reported a second-quarter profit on Thursday that comfortably beat estimates, helped by an improvement in overall spending and a recovery in cross-border volumes. Card compa...
Syndicated Content Jul 29, 2021
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