WASHINGTON (Reuters) – NASA said Wednesday it awarded $425 million to Boeing Co for the agency’s “Sustainable Flight Demonstrator” project…
U.S. business inventories rise in November as sales fall
WASHINGTON (Reuters) – U.S. business inventories increased in November as higher interest rates depressed sales, boosting the inventory-to-sales ratio to…
OECD sees revenue gains from new tax pact reaching $250 billion
PARIS (Reuters) – New cross-border corporate tax rules could yield about a quarter of a trillion dollars in extra revenue…
Davos 2023: Global growth to bottom out this year – IMF’s Georgieva
DAVOS, Switzerland (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday global economic growth was expected bottom…
Davos 2023: UBS head says regulators’ ‘eyes off the ball’ on non-banks
LONDON (Reuters) – UBS Chairman Colm Kelleher said traditional finance firms were “systemically safe” after years of increased regulation, but…
European airlines to invoke EU freedoms to challenge flight bans
By Joanna Plucinska and Tim Hepher DUBLIN (Reuters) – The airline industry plans to invoke EU rights to freedom of…
Who’s to blame? Jet delivery delays spark penalties battle
By Tim Hepher and Padraic Halpin DUBLIN (Reuters) – A battle for compensation is brewing over delays in the delivery…
Analysis-Small and medium companies to boost business travel rebound in 2023
By Allison Lampert and Abhijith Ganapavaram (Reuters) – New York excavation contractor Brian Dietz does not view higher air fares…
Exclusive-ECB union says staff losing faith in leadership over inflation, pay
(This Jan. 17 story has been corrected to restore the dropped words in paragraph 11) By Francesco Canepa FRANKFURT (Reuters)…
UK inflation edges down to 10.5% in December, food prices surge
By David Milliken LONDON (Reuters) – British inflation eased last month after hitting a 41-year high in October, offering some…