Category Archives:
FedEx pilots reject tentative deal, supervised talks likely
(Reuters) - FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will reopen negotiations, likely under the supervision of the National Mediation Board,...
Syndicated Content Jul 24, 2023
US IRS ends policy of unannounced revenue officer visits to taxpayers
By Kanishka Singh WASHINGTON (Reuters) - The U.S. Internal Revenue Service (IRS) said on Monday it was ending its policy of unannounced visits to taxpayers by agency revenue officers, reversing a deca...
Syndicated Content Jul 24, 2023
Explainer-Greece fires: Does travel insurance cover wildfires?
By Carolyn Cohn, Sinead Cruise and Tom Sims LONDON/FRANKFURT (Reuters) - Wildfires and evacuations on the Greek island of Rhodes, and a heat wave blasting much of southern Europe, have raised question...
Syndicated Content Jul 24, 2023
Todd Boehly-backed insurer Accelerant mulls IPO, stake sale, CEO says
By Pablo Mayo Cerqueiro, Echo Wang and David French LONDON/NEW YORK (Reuters) - Accelerant is planning to raise fresh capital next year in a deal that could result in the specialty insurance provider ...
Syndicated Content Jul 24, 2023
Adidas sees smaller loss this year thanks to Yeezy sales
BERLIN (Reuters) -Unexpectedly strong sales of Yeezy shoes left over from Adidas' abandoned collaboration with rapper Ye should reduce the sportswear giant's expected operating loss this year to 450 m...
Syndicated Content Jul 24, 2023
US fuelmaker profits to fall from last year’s records
By Laura Sanicola (Reuters) - U.S. refining profits are expected to fall from last year's records but remain strong as domestic refining outages and increased foreign competition pose challenges. Refi...
Syndicated Content Jul 24, 2023
LVMH strikes Paris Olympic Games sponsorship deal
PARIS (Reuters) - Luxury giant LVMH unveiled on Monday a deal to sponsor next year's Olympic Games in Paris with top fashion brands Louis Vuitton and Dior, Moet Hennessy champagne and spirits labels a...
Syndicated Content Jul 24, 2023
Analysis-Bumpy road ahead for US gasoline demand and energy transition
By Shariq Khan (Reuters) - While U.S. gasoline demand is unlikely to rescale the pre-pandemic peaks of 2018 as the energy transition accelerates, the pace of its decline is uncertain, illustrating the...
Syndicated Content Jul 24, 2023
UBS agrees to pay $388 million over Credit Suisse’s Archegos failings
By Noele Illien and John Revill ZURICH (Reuters) - UBS has been ordered to pay $388 million to British and U.S. regulators over Credit Suisse's dealings with private investment firm Archegos Capital M...
Syndicated Content Jul 24, 2023
Canadian market participants see rates staying at 5% in 2023 -BoC survey
OTTAWA (Reuters) - The Bank of Canada (BoC) will not raise rates again and will start cutting a little later than previously anticipated, according to a survey of market participants released by the c...
Syndicated Content Jul 24, 2023
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