By Anna Ringstrom, Essi Lehto and Supantha Mukherjee STOCKHOLM (Reuters) -Wage talks between Scandinavian airline SAS and its pilots collapsed on Monday, triggering a strike that puts the future of the carrier at risk and adds to travel chaos across Europe as the peak summer vacation period begins. The action is the first major airline …
Airline SAS says survival at stake as pilot strike grounds flights Read More »
MEXICO CITY (Reuters) – U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will discuss terms of the U.S.-Mexico-Canada (USMCA) agreement, which was ratified in 2018, during a visit to Mexico, Mexican President Andres Manuel Lopez Obrador said Monday. “We’ll have a summit to discuss terms of the trade agreement treaty… in Mexico,” Lopez …
Biden, Trudeau to discuss free trade agreement in Mexico visit -Mexico president Read More »
A look at the day ahead in markets from Sujata Rao. Americans shopping for July 4 barbecues will pay an average 17% more than last year for items such as burgers and lemonade, according to the American Farm Bureau Federation, an example of the brutal price pressures facing consumers globally. Still, Jerome Powell’s whatever-it-takes-style message …
BERLIN (Reuters) – Volkswagen’s software unit Cariad will be streamlined in efforts to step up the pace of software development, Dirk Hilgenberg, the head of the unit, told the Frankfurter Allgemeine Zeitung newspaper on Monday. “The time for unanimous decisions is over, because that’s not how we get horsepower on the road,” said Hilgenberg, adding: …
Volkswagen’s software unit to be streamlined, Cariad head tells FAZ Read More »
By Nichola Saminather TORONTO (Reuters) – Canada is persisting with its fairly relaxed approach to regulating funds claiming environmental, social and governance (ESG) credentials despite recent allegations of “greenwashing” elsewhere that have spurred other regulators including the U.S. Securities and Exchange Commission to consider tightening rules. The Canadian Securities Administrators (CSA) issued guidance for ESG …
Analysis-Canada’s light touch regulation of ESG funds risks ‘greenwashing’ claims Read More »
By Sonali Paul MELBOURNE (Reuters) – Australia’s mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal and gas prices in the wake of Russia’s invasion of Ukraine, the government said on Monday. Sanctions on Russia for what …
Australia forecasts record mining, energy export sales for 2023 Read More »
ZURICH (Reuters) – Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot guarantee there will always be enough gas to go around. Landlocked Switzerland gets its gas via trading hubs in neighbouring countries in the European Union, …
No guarantees Swiss will always have enough gas, minister says Read More »
MEXICO CITY (Reuters) -Mexico’s environment ministry said on Friday it rejected a key environmental permit for a solar power plant that German automaker Audi has proposed to build at its factory in the central Mexican state of Puebla. Audi’s proposed environmental impact statement for the photovoltaic power plant, sent to officials in late May, was …
Mexico’s environment ministry denies permit for Audi solar plant Read More »
MOSCOW (Reuters) – Russian lender Rosbank believes a decision by European clearing house Clearstream to block its correspondent account will not have a significant negative impact on its operations, it said in a statement to a Russian media outlet on Saturday. Clearstream said on Friday UK sanctions on June 29 on Rosbank’s majority owner Vladimir …
Rosbank shrugs off impact of Clearstream block on correspondent account Read More »
By Nate Raymond and RachnaManojkumar Dhanrajani (Reuters) -Jerry Hall filed for divorce from billionaire husband Rupert Murdoch on Friday, citing “irreconcilable differences,” six years after the pair married. The 66-year-old model sought unspecified spousal support and attorneys’ fees from 91-year-old media mogul Murdoch, in a California court filing. Hall said in the petition filed with …
Jerry Hall files for divorce from Rupert Murdoch, asks for spousal support Read More »
