Category Archives:
Rising costs, lack of widebody flights pose risks to recovery in aircraft maintenance market
By Chen Lin and Jamie Freed SINGAPORE (Reuters) - The global aircraft maintenance, repair and overhaul (MRO) sector faces fresh challenges from rising labour costs and a weak recovery in the widebody ...
Feb 16, 2022
Beijing city’s draft rules ban preschool tutoring apps
BEIJING (Reuters) - Beijing city authorities issued draft rules on Wednesday that ban preschool tutoring apps for elective subjects, an extension of a crackdown on the for-profit private education sec...
Feb 16, 2022
Olympics-For snowboarders and skiers, tunes and good vibes fuel Olympic chill
By Mari Saito and Winni Zhou ZHANGJIAKOU, China (Reuters) - For skiers and snowboarders at the Beijing Olympics, getting into the right headspace before dropping in is half the battle. That's where mu...
Feb 16, 2022
Will Kering and Hermes follow Louis Vuitton’s lead on prices?
By Mimosa Spencer PARIS (Reuters) - When Gucci-owner Kering and Hermes report earnings this week, investors will be looking for signs that the big luxury fashion groups are confident that wealthy shop...
Feb 16, 2022
Ex-Goldman partner to testify against former colleague in 1MDB corruption trial
By Luc Cohen NEW YORK (Reuters) - Two former Goldman Sachs colleagues will face off in a Brooklyn courtroom on Wednesday in a trial over the looting of hundreds of millions of dollars from Malaysia's ...
Feb 16, 2022
Exclusive-Chinese fashion firm Shein on Singapore hiring spree as it shifts key assets there
By Chen Lin SINGAPORE (Reuters) - China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the mat...
Feb 15, 2022
G20 host Indonesia promotes FX diversification as part of stimulus exit
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) - Top Indonesian economic officials on Wednesday backed the expanded use of local currencies in trade and investment, instead of the U.S. dolla...
Feb 15, 2022
Schindler reports quarterly earnings drop after challenging 2021
(Reuters) - Swiss elevator and escalator manufacturer Schindler reported on Wednesday a 15% drop from a year earlier in its fourth-quarter earnings citing a mix of challenges in 2021, including supply...
Feb 15, 2022
Embraer aims for decision on proposed turboprop as early as this year -exec
By Chen Lin and Jamie Freed SINGAPORE (Reuters) - Brazilian planemaker Embraer expects to decide late this year or early next year on whether to launch a new turboprop plane that could enter service a...
Feb 15, 2022
Thailand purchase of F-35 stealth jets depends on U.S. government, says Lockheed Martin exec
By Gerry Doyle (Reuters) - Thailand's interest in Lockheed Martin's F-35 stealth fighters is genuine, but clearance to buy the jets is a matter for the U.S. government, a senior executive from the def...
Feb 15, 2022
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