Business & Finance 12 January 2023, 7:02 pm. 1 minute Reuters exclusively revealed that Southwest Airlines Co Chief Executive Bob Jordan is looking at all options to ensure the operational meltdown the company suffered last month is not repeated. The Dallas-based carrier has been dealing with customer outrage and regulatory scrutiny after a systems meltdown … Read more
Business & Finance 13 January 2023, 7:10 pm. 1 minute Reuters exclusively reported that Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, in another signal that the country’s two-year regulatory crackdown on the technology sector is ending. Reuters reported the lifting … Read more
Business & Finance 17 January 2023, 7:03 pm. 1 minute Reuters was first to report that Renault SA and China’s Geely Automobile Holdings are working to finalise a deal to bring Saudi Aramco in as an investor and partner to develop and supply gasoline engines and hybrid technologies. Article Tags Topics of Interest: Business & … Read more
Business & Finance 19 January 2023, 6:46 pm. 1 minute Reuters took readers on a deep dive into how German carrier Lufthansa said on Wednesday it had offered to buy a minority stake in ITA Airways, betting on reviving the loss-making successor to Italy’s Alitalia and expanding its footprint in Europe. Lufthansa said Italy is … Read more
Business & Finance 30 December 2022, 3:40 pm. 1 minute Reuters shed light on how Chinese airlines will be the early winners of the country’s international reopening, having kept most widebody planes and staff ready while foreign carriers struggle with capacity constraints after previous border openings. Article Tags Topics of Interest: Business & Finance Type: … Read more
Business & Finance 04 January 2023, 3:08 pm. 1 minute Reuters shed light on how Ukraine’s efforts to increase exports under the Black Sea grain deal with Russia are currently focused on securing faster inspections of ships rather than including more ports in the initiative, a senior Ukrainian official said on Wednesday. Article Tags Topics … Read more
14 December 2022, 6:24 pm. 1 minute Reuters exclusively reported U.S. defence firms have discussed supplying military gear, including helicopters and drones, to Vietnam, a new sign the country may reduce its reliance on Russian arms. Lockheed Martin, Boeing, Raytheon, Textron and IM Systems Group met with the officials on the sidelines of the country’s … Read more
Business & Finance 15 December 2022, 6:23 pm. 1 minute Reuters was first to report Grab Holdings, Southeast Asia’s biggest ride-hailing and food delivery firm, is cutting more costs to cope with an uncertain economic backdrop, the Singapore-based company’s CEO told staff in a memo. The measures include a freeze on most hiring, salary freezes … Read more
Business & Finance 16 December 2022, 6:21 pm. 1 minute Reuters shed light on how UniCredit has struck a deal with asset manager Azimut Holdings in a move that paves the way for the Italian bank to return to fund management a decade after it pulled away from the business. Under the accord, Azimut will … Read more
Business & Finance 19 December 2022, 6:28 pm. 1 minute Reuters shed light on how relentlessly rising rents, eight consecutive interest rate hikes, surging living costs and devastating natural disasters in the past few years have inflamed what was already among the world’s least affordable rental markets in Australia. Every state capital city is experiencing a … Read more