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MEXICO CITY (Reuters) – A dispute panel under a regional trade pact has sided with Mexico and Canada against the United States in a disagreement over regional content requirements for the auto sector, Mexico’s presidency said on Friday in a tweet that was later deleted. “The decision could generate more incentives to generate auto parts …

Trade panel sides with Mexico, Canada in auto rules dispute, Mexico says Read More »

By Rajesh Kumar Singh CHICAGO (Reuters) -Spirit Airlines has offered as much as a 43% cumulative weighted average pay raise to its pilots over two years, according to a union memo seen by Reuters. The deal is yet more evidence of the bargaining power pilots are enjoying as carriers staff up to meet booming travel …

Spirit Airlines offers big raises to pilots in new contract – union memo Read More »

By Nate Raymond (Reuters) -The U.S. Supreme Court on Friday agreed to hear cryptocurrency exchange Coinbase Global Inc’s bid to halt lawsuits the company contends belong in private arbitration, including one by a user suing after a scammer stole from his account. The justices agreed to consider whether two proposed class actions by customers suing …

U.S. Supreme Court agrees to hear Coinbase arbitration dispute Read More »

(Adds editing credit) By Rod Nickel and Nia Williams WINNIPEG/CALGARY (Reuters) – The largest oil spill in the 12-year history of TC Energy Corp’s Keystone pipeline, discovered late Wednesday, raises questions about special permission it received five years ago to run at higher pressure, making it unique among U.S. oil pipelines. Keystone is responsible for …

Keystone spill prompts scrutiny of permit allowing pipeline to run faster Read More »

By Patrick Werr CAIRO (Reuters) – The gap between the official rate of the Egyptian pound against the dollar and the price on the black market has widened further, putting pressure on Egypt ahead of a crucial International Monetary Fund board meeting next week. Egypt continues to face a foreign currency shortage despite two major …

Egypt’s pound keeps falling on black market ahead of IMF meeting Read More »

(Reuters) – A former trader at JPMorgan Chase & Co and Credit Suisse was convicted of fraud in U.S. court on Friday for scheming to manipulate precious metals futures through a trading tactic known as spoofing, prosecutors said. A Chicago jury found Christopher Jordan, 51, guilty of wire fraud affecting a financial institution after an …

Ex-JPMorgan, Credit Suisse trader convicted at U.S. spoofing trial Read More »

UNITED NATIONS (Reuters) – Belarus told the United Nations on Friday that it would accept, without preconditions, the transit of Ukrainian grains through its territory for export from Lithuanian ports, a U.N. spokesman said. U.N. Secretary-General Antonio Guterres met with Belarus Deputy Foreign Minister Yury Ambrazevich in New York on Friday, U.N. spokesman Stephane Dujarric …

Belarus to allow transit of Ukraine grain for export from Lithuania – U.N Read More »