By David Shepardson (Reuters) – Lawyers for the U.S. Justice Department said American Airlines Group’s alliance with JetBlue Airways Corp…
Sri Lanka’s national consumer price inflation slows to 70.6% in Oct
By Uditha Jayasinghe (Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) slowed year-on-year to 70.6% in October after a…
UK households 142 pounds worse off in October versus last year -Asda
LONDON (Reuters) – The average British household was 142 pounds ($168) worse off in October year-on-year, mainly due to the…
Swedish central bank set to hike policy rate to 2.5% this week, poll shows
By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank is seen hiking its policy rate by three-quarters of a percentage…
Cathay Pacific to raise staff pay by 3.3%, offer bonuses -CEO memo
By Jamie Freed (Reuters) – Cathay Pacific Airways Ltd will increase base pay by an average of 3.3% in 2023…
Workers at BP refinery will not help with restart unless wage demands met -union
AMSTERDAM (Reuters) -Workers at BP’s Rotterdam refinery, which is currently offline, will not help restart operations unless their wage demands…
Exxon says Britain’s Fawley oil refinery unaffected by strike
(Reuters) – Exxon Mobil said on Monday that its 390,000 barrel per day (bpd) Fawley oil refinery in southern England…
ECB’s Lane makes case for smaller rate hikes ahead – MNI
FRANKFURT (Reuters) -The European Central Bank will raise interest rates again in December and next year to fight inflation but…
Simon & Schuster’s owner to let sale to Penguin fall apart, sources say
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Book-publishing powerhouse Simon & Schuster’s owner will let its $2.2…
Collapsed FTX owes nearly $3.1 billion to top 50 creditors
(Reuters) -Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly…