(Reuters) – Russia’s Gazprom said on Tuesday it had started production at the Semakovskoye gas field in the Russian Arctic with gas being pumped into the country’s national supply sy[...]
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December 6, 2022
Airlines see return to profit in 2023, clash with airports
By Emma Farge GENEVA (Reuters) -Global airlines are predicting their first industry-wide profit since 2019 next year as air travel rebounds from COVID-19 restrictions, while a new war of words erupted[...]
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Brazil’s Nubank announces $330 million equity capitalization in Mexico
MEXICO CITY (Reuters) – Brazilian digital bank Nubank, Latin America’s largest fintech, announced on Tuesday a $330 million equity capitalization in Mexico, as it pushes to expand operatio[...]
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United CEO says Delta pilots contract will set template
By David Shepardson WASHINGTON (Reuters) – United Airlines Chief Executive Scott Kirby said a tentative contract agreement between rival Delta Air Lines and its pilots union would set an industr[...]
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FX swap debt a $80 trillion ‘blind spot’ BIS says
By Marc Jones LONDON (Reuters) – Pension funds and other ‘non-bank’ financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for Int[...]
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TSX futures edge up as gold shines, BoC meet in focus
(Reuters) – Futures for Canada’s resources-heavy main stock index edged up on Tuesday as gold prices rose, while investors await the Bank of Canada’s interest rate decision. The S[...]
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Strong sugar prices help Tereos offset high production costs
PARIS (Reuters) -French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar and ethanol prices helped offset an increas[...]
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Pilots at rivals call Delta’s pay offer a new ‘benchmark’
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines’ offer to give pilots a 34% cumulative pay increase in a new four-year contract has boosted hopes of similar raises at rivals United Airl[...]
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Analysis-Europe’s inflation problem will linger for years to come
By Balazs Koranyi FRANKFURT (Reuters) – Euro zone inflation may have peaked but will subside so slowly that it could be years before it gets back to the European Central Bank’s 2% target,[...]
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