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By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) said Monday it was issuing draft guidance seeking to protect aviation employees who perform government certification duties from interference by airplane manufacturers and others. Congress in December 2020 approved legislation boosting FAA oversight of aircraft manufacturers, requiring disclosure of critical safety information and providing new …

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By David Shepardson WASHINGTON (Reuters) – Frontier Airlines on Monday temporarily halted all flights after a technology issue, according to the Federal Aviation Administration (FAA) and the airline. A Frontier spokeswoman said the airline was moving to ramp back up operations. The FAA said in a notice that it was issuing a ground stop for …

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By Tom Polansek and Ananya Mariam Rajesh (Reuters) -Tyson Foods Inc shares climbed more than 11% to an all-time high on Monday after the company reported that first-quarter profits nearly doubled due to soaring U.S. meat prices. Shares rebounded from a one-month low on Friday to reach a record $99.20, up 14% from the start …

Tyson Foods shares set record as high meat prices fatten profits Read More »

(Reuters) – European Central Bank President Christine Lagarde has warned of “geopolitical clouds” over the European economy due to possible fall-out from further escalation of tensions between Russia and the West over Ukraine. From rising energy and food prices to economic sanctions and the harm done to investment confidence, the impacts could be far-ranging but …

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ZAGREB (Reuters) – The designer who won a competition last week for creating Croatia’s first one-euro coin said on Monday that he was withdrawing his entry and returning the prize money after social media users suggested that the image was plagiarised. The central bank held the design competition as part of its preparations for Croatia …

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WASHINGTON (Reuters) – The United States and Japan on Monday are set to announce a deal to grant Japanese steelmakers relief from Trump-era U.S. tariffs for a limited amount of steel imports, a source familiar with the plans said. The source, who spoke on condition of anonymity because the deal is not yet public, said …

U.S., Japan set to announce steel import quota deal-source Read More »