Georgia’s President Salome Zourabichvili said she will not use the services of the privately owned Georgian Airways following the carrier’s decision to resume commercial flights to Russia.
Breakups are always tough, but how about 100 in a day?
Some bond-market bets are signaling that the inflation rate will fall close to the Federal Reserve’s 2% target in the next year. A growing number of Wall Street asset managers are saying that’s a pipe dream.
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Under judicial protection since mid March, Brazilian telecom operator Oi plans to seek emergency funding of at least 4 billion reais as well as to renegotiate debts.
Italian insurance company Unipol Gruppo SpA said it has purchased Starlink terminals from Elon Musk’s SpaceX to help with rescue and recovery efforts in flood-stricken areas of the country.
Tanzania has wrapped up negotiations with an international energy consortium for a long-delayed $40 billion liquefied natural gas export project, paving the way for final agreements to be signed in the coming weeks.
Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been in more than a decade, suggesting they’re braced for a recession that could cause contracts from crude to jet fuel to take another tumble.
Italian Premier Giorgia Meloni will leave the Group of Seven summit in Japan a day early to help the response to devastating floods, according to people familiar with the situation.
