By David Shepardson and Rajesh Kumar Singh (Reuters) -Pilots at Delta Air Lines have voted to authorize a strike if negotiators cannot reach agreement on a new employment contract, their union said on Monday. The Air Line Pilots Association (ALPA), which represents nearly 15,000 pilots at the Atlanta-based carrier, said 99% of those who cast …
By Byron Kaye and Lewis Jackson SYDNEY (Reuters) – A swathe of hacks on some of Australia’s biggest companies has made the country a target for copycat attacks just as a skills shortage leaves an understaffed, overworked cybersecurity workforce ill-equipped to stop it, technology experts said. As Monday saw the disclosure of another potential …
Analysis-In Australia, a hacking frenzy spurred by an undersized cybersecurity workforce Read More »
WASHINGTON (Reuters) -U.S. President Joe Biden on Monday called on oil and gas companies to use their record profits to lower costs for Americans and increase production, or pay a higher tax rate, as he battles high pump prices with elections coming in a week. In remarks at the White House, Biden criticized major oil …
Biden calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax Read More »
By Joey Roulette WASHINGTON (Reuters) -SpaceX is targeting early December to launch its giant Starship rocket system into orbit for the first time, a pivotal demonstration flight as it aims to fly NASA astronauts to the moon in the next few years, a U.S. official said on Monday. Billionaire Elon Musk’s SpaceX has sought for …
Elon Musk’s SpaceX expects first Starship launch to orbit this year -NASA Read More »
By Tatiana Bautzer, Paula Laier and Rodrigo Campos SAO PAULO/NEW YORK (Reuters) -Brazil’s currency and main stock index rallied in a volatile session on Monday, a day after leftist Luiz Inacio Lula da Silva won the country’s presidential election, with investors bracing for a choppy week ahead. The Brazilian real gained more than 2% against …
Brazilian assets rally in volatile session after Lula elected president Read More »
By Alden Bentley NEW YORK (Reuters) – The U.S. Treasury said on Monday it expects to issue $550 billion in debt in the fourth quarter, up $150 billion from an August estimate, primarily due to changes to projections of fiscal activity, weaker prices on marketable securities and lower non-marketable financing. The fourth-quarter estimate assumes an …
U.S. Treasury to issue $550 billion in debt in Q4 Read More »
By Kylie Madry MEXICO CITY (Reuters) – Mexican bottler and retailer FEMSA is banking on an expansion of Swiss kiosk operator Valora in upcoming quarters as well as a business-to-business service through its financial technology arm, executives said Monday. FEMSA entered the European market earlier this month when it bought Swiss kiosk operator Valora, which …
Mexico’s FEMSA plans push for European kiosks, B2B fintech Read More »
MILAN (Reuters) – UniCredit has made a slight upward revision to its guidance for this year’s net interest income (NII) excluding Russia after changes to the terms of the European Central Bank’s Targeted Longer-term Refinancing Operations (TLTRO). Italy’s No.2 bank, which previously forecast 2022 NII of more than 9.6 billion euros ($9.54 billion) excluding Russia, …
UniCredit raises full-year guidance on net interest income Read More »
By John Revill ZURICH (Reuters) -The Swiss National Bank lost 142.2 billion Swiss francs ($142.60 billion) in the first nine months of 2022, it said on Monday, as rising interest rates and the stronger Swiss franc slashed the value of the central bank’s foreign investments. The loss – the largest in the SNB’s 115-year history …
Swiss National Bank loses nearly $143 billion in first nine months Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever If world markets on Monday take their cue from Friday’s melt up on Wall Street it will round off what has, in many ways, been a truly remarkable month. Investors face another (likely) bumper U.S. rate hike from …
