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Qantas to break London flight barrier with Airbus jet order -sources

By Jamie Freed and Tim Hepher SYDNEY (Reuters) -Qantas Airways Ltd is set to announce a landmark order for Airbus SE (OTC:EADSY) A350-1000 jets capable of nonstop flights from Sydney.

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Six Shanghai districts reach ‘zero-COVID’ status

BEIJING (Reuters) – China’s financial hub of Shanghai has reined in COVID transmission risks at the community level, excluding cases in quarantine centres, with six of its 16 districts attaining.

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Buffett says inflation an issue for Berkshire, it ‘swindles almost everybody’

OMAHA, Neb. (Reuters) – Warren Buffett said on Saturday that inflation “swindles almost everybody” and that it was “extraordinary” how much inflation had been seen in Berkshire Hathaway (NYSE:BRKa) Inc’s.

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India seizes $725 million of Xiaomi assets over illegal remittances

By Aditya Kalra NEW DELHI (Reuters) -India said on Saturday it had seized $725 million from the local bank accounts of China’s Xiaomi (OTC:XIACF) Corp after a probe found the.

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Pakistan to keep energy subsidies unchanged against IMF advice

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan said on Saturday it would maintain subsidies to keep fuel and power prices steady for consumers, going against International Monetary Fund (IMF) recommendations.

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Shanghai marks key COVID milestone, Beijing sits on edge

By Brenda Goh and Min Zhang SHANGHAI/BEIJING (Reuters) -Shanghai said on Saturday it had detected no new daily COVID-19 cases outside quarantine areas, marking a key milestone in its battle.

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China April factory activity contracts at steeper pace as lockdowns bite

BEIJING (Reuters) – China’s factory activity contracted at a steeper pace in April as widespread COVID-19 lockdowns halted industrial production and disrupted supply chains, raising fears of a sharp economic.

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Take Five: A central bank bonanza

(Reuters) – Some big beasts of the central banking world take centre stage over the coming week, with the U.S. Federal Reserve, the Bank of England and the Reserve Bank.

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Pelosi hopes to approve $33 billion Ukraine aid ‘as soon as possible’

By Patricia Zengerle WASHINGTON (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi said on Friday she hopes to pass a $33 billion aid package for Ukraine requested by President Joe.

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Rocky stock market faces Fed test with eyes on tightening plans

By Lewis Krauskopf NEW YORK (Reuters) -A volatile stock market faces a critical test next week, when the U.S. Federal Reserve is expected to raise interest rates and give more.

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