By Chris Prentice and Karl Plume NEW YORK (Reuters) – Archer-Daniels-Midland Co will delay paying performance bonuses to some executives until its financial statements are completed and audited, according to a staff memo seen by Reuters. The delay, detailed in a memo sent to staff on Thursday, comes days after ADM sidelined its chief financial …
ADM postpones some exec bonuses amid accounting probe -memo Read More »
By MacDonald Dzirutwe and Libby George LAGOS/LONDON (Reuters) – Shell’s exit from Nigeria’s onshore oil sector highlights risks oil majors face in Africa’s biggest exporter but has raised hopes that local firms could reverse the output decline from the Niger Delta, industry officials and analysts said. Shell – which pioneered Nigeria’s oil industry – is …
Nigeria oil enters unclear new era after Shell’s onshore asset sale Read More »
DUBLIN (Reuters) -Ryanair has told Boeing that if any U.S. customers refuse to take delivery of 737 MAX 10 aircraft, that it would buy them “at the right price,” executives said on Monday. The Irish airline, Europe’s largest by passenger numbers, already has 150 firm orders for the MAX 10, the largest jet in the …
Ryanair tells Boeing it would buy any MAX 10 orders dropped by US airlines Read More »
(Reuters) -President Joe Biden’s administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor companies including Intel and Taiwan Semiconductor Manufacturing Co to help build new factories in the U.S., the Wall Street Journal reported on Saturday. The forthcoming announcements aim to kick-start manufacturing of advanced semiconductors that power …
US to announce billions in subsidies for advanced chips -WSJ Read More »
By David Shepardson (Reuters) – United Airlines said it had resumed use of its Boeing 737 MAX 9 jets Saturday for passenger flights after U.S. regulators gave the green light following a mid-air cabin blowout on an Alaska Airlines flight earlier this month. United said the first MAX 9 flight with passengers on board since …
United Airlines resumes Boeing 737 MAX 9 flights after inspections Read More »
(Reuters) -Alaska Airlines on Friday said it has completed inspections on the first group of its Boeing 737 MAX 9 aircraft, clearing the carrier to put the MAX 9 back in service after an in-flight cabin blowout earlier this month. The carrier resumed some MAX 9 operations on Friday afternoon, starting with Flight 1146 from …
Alaska Airlines resumes flying Boeing 737 MAX 9 after inspections Read More »
(Reuters) -Microsoft’s Teams services were restored on Saturday after a disruption blocked access to the messaging platform. “After extended monitoring and mitigation efforts, we’ve confirmed that our Microsoft Teams service and features have been restored or have returned to optimal health,” Microsoft said in its post on X, formerly known as Twitter. Several users had …
Microsoft Teams returns to normalcy after outage Read More »
(Reuters) – Vince McMahon resigned from wrestling giant TKO Group and the subsidiary WWE that he founded, over a lawsuit accusing him of sexual assault and trafficking, which he said he will fight, the company said on Friday. “I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately,” …
Vince McMahon resigns from TKO, WWE over sex assault lawsuit Read More »
By Kylie Madry MEXICO CITY (Reuters) -The U.S. government said on Friday it did not plan to renew the antitrust immunity that Delta Air Lines and Aeromexico currently operate a codeshare agreement under, after the Mexican government made sweeping changes at the country’s main capital airport. Last year, Mexican officials moved cargo flights from Mexico …
U.S. scraps Delta-Aeromexico codeshare after Mexico airport changes Read More »
(Reuters) – MacKenzie Scott, ex-wife of Amazon.com billionaire Chief Executive Jeff Bezos, sold 65.3 million shares in the ecommerce giant last year, Bloomberg News reported on Friday. The share sale forms about 25% of the philanthropist’s Amazon stake in the e-commerce giant and would be worth $10.4 billion at Amazon’s Friday closing price, the report …
MacKenzie Scott trims Amazon Stake by $10 billion- Bloomberg News Read More »
