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BUSINESS

Wall Street slips as concerns rise of stricter China COVID curbs

Dow down 0.13%, S&P 500 down 0.39%, Nasdaq down 1.09% Disney jumps on Iger’s return as CEO Grindr falls after rocketing in debut Tesla down on vehicle recall, China COVID concerns Nov 21 (Reuters) – Wall Street’s main indexes ended Monday roughly down on fears that China could resume stricter measures to fight COVID-19 after […]

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BUSINESS

Berkshire Hathaway posts quarterly loss as stock holdings fall

Nov 5 (Reuters) – Berkshire Hathaway Inc (BRKa.N) on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting. The net loss of $2.69 billion, or $1,832 per Class A share, compared with a profit of $10.34 billion, or $6,882 […]

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Latest-News

North Korea flies jets, fires artillery near border after U.S. and South extend drills

SEOUL, Nov 4 (Reuters) – South Korea said it scrambled warplanes in response to 180 North Korean military flights near the countries’ shared border on Friday, and Pyongyang again demanded that the United States and South Korea halt “provocative” air exercises. The North Korean manoeuvres follow the firing of more than 80 rounds of artillery […]

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BUSINESS

Delta Air pilots vote to authorize strike

Oct 31 (Reuters) – Pilots at Delta Air Lines (DAL.N) 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 their ballots backed […]

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BUSINESS

Archer Aviation plans to build 250 air taxis in 2025

Oct 24 (Reuters) – Archer Aviation Inc (ACHR.N) said it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years, after setting a goal of getting its aircraft certified by the end of 2024. “In our first year, we will build 250 aircraft, our second year will […]

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BUSINESS

Japan reopens to tourists with shuttered souvenir shops, hotel staff shortage

TOKYO, Oct 10 (Reuters) – As Japan throws open its doors to visitors this week after more than two years of pandemic isolation, hopes for a tourism boom face tough headwinds amid shuttered shops and a shortage of hospitality workers. From Tuesday, Japan will reinstate visa-free travel to dozens of countries, ending some of world’s […]

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BUSINESS

United Airlines to halt service at New York’s JFK airport in October

WASHINGTON, Sept 30 (Reuters) – United Airlines (UAL.O) said on Friday it will suspend service in late October to New York’s John F. Kennedy Airport (JFK). Earlier this month, United had threatened to take the action if the Federal Aviation Administration (FAA) did not grant the air carrier additional flights. United has been flying just […]

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Latest-News

More than 1,600 bus drivers at London United secure 10% pay rise – union

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – A British workers union said it has secured a 10% pay rise for 1,600 bus drivers at transport company London United after four days of strikes last month led to further talks with the employer. “This was a hard fought victory. […]

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BUSINESS

Biden administration presses unions, railroads to avoid shutdown

The United States Chamber of Commerce building is seen in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Sept 12 (Reuters) – The Biden administration urged railroads and unions to reach a deal to avoid a railroad work stoppage, saying on Monday it would […]

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Latest-News

Flight searches to London from U.S. surge after Queen Elizabeth’s death

People continue to gather in the evening to view flowers at the gates of Buckingham Palace following the death of Britain’s Queen Elizabeth in London, Britain September 9, 2022. REUTERS/Kevin Coombs Register now for FREE unlimited access to Reuters.com Register Sept 9 (Reuters) – Travel startup Hopper said on Friday it had noticed a surge […]

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