For falling euro, ECB intervention probably a move too far
By Saikat Chatterjee and Dhara Ranasinghe LONDON (Reuters) -The euro’s fall of as much as 4% against the dollar and Swiss franc in two weeks is raising the question of.
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- March 10, 2022
- by admi
- Less than a minute
Proxy adviser ISS recommends against Toshiba’s break-up plan
TOKYO (Reuters) – Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba (OTC:TOSYY) Corp’s break-up plan to be put to a vote on March 24, the Nikkei business daily.
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- March 9, 2022
- by admi
- 4 minutes read
Makers of basic necessities face ‘tradeoff’ supplying Russia with cookies, soap
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) – Makers of everyday staples from Pampers diapers to Dove soap are walking a fine line by continuing to sell their.
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- March 9, 2022
- by admi
- 2 minutes read
Cathay Pacific aims to boost cargo capacity after narrowing annual loss
By Jamie Freed (Reuters) -Hong Kong’s Cathay Pacific Airways (OTC:CPCAY) Ltd is trying to boost cargo capacity as much as possible despite tough quarantine rules for crew, it said on.
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- March 9, 2022
- by admi
- 4 minutes read
Rental car giants embark on electric after pandemic bonanza
By Tina Bellon (Reuters) – The $100 billion Western rental car industry, flush with cash from a profitable pandemic, is gradually getting its electric show on the road, and Chinese-made.
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- March 9, 2022
- by admi
- 2 minutes read
Banks in talks with distressed buyers on Russian assets – sources
By Davide Barbuscia and Yoruk Bahceli NEW YORK/LONDON (Reuters) – Banks are having conversations with potential buyers on how to get rid of their exposure to Russian corporate loans, but.
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- March 9, 2022
- by admi
- 3 minutes read
U.S. LNG exporters emerge as big winners of Europe natgas crisis
By Marwa Rashad LONDON (Reuters) – U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe’s supply crisis as they export record volumes to the European Union for the.
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- March 9, 2022
- by admi
- Less than a minute
Toyota will meet union demands for pay hikes in fiscal year – president
TOKYO (Reuters) – Toyota Motor (NYSE:TM) Corp agreed on Wednesday that its unionists’ demand for annual salary and bonus hikes will be fully met in the new fiscal year, President Akio Toyoda.
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- March 8, 2022
- by admi
- Less than a minute
Airbus strikes deal with Australia’s Fortescue as airlines seek hydrogen boost
PARIS (Reuters) – European planemaker Airbus chose the Australian miner Fortescue Metals Group (OTC:FSUGY) Ltd’s hydrogen unit to help it reduce CO2 emissions from flying, Fortescue Future Industries (FFI) said.
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- March 8, 2022
- by admi
- 3 minutes read
Explainer – How sanctions against Russia are battering the global aviation industry
By Jamie Freed (Reuters) – Russia’s size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its invasion of Ukraine.