ROME (Reuters) -Italy’s antitrust regulator has opened an inquiry into possible price-fixing for flights in and out of Sicily by airlines including Ryanair, Wizz Air and easyJet. The investigati[...]
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December 28, 2022
Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1
By Carolyn Cohn and Jonathan Saul LONDON (Reuters) -Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the fac[...]
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ABB gets $1.4 billion after completing power grids sale to Hitachi
ZURICH (Reuters) – ABB has completed the sale of its remaining 19.9% stake in the power grids business it sold to Hitachi, the Swiss engineering and technology group said on Wednesday. Hitachi h[...]
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Southwest cancels thousands more flights; U.S. government vows scrutiny
By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it canceled thousands of flights, and its boss, Bob Jordan, said the low[...]
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U.S. pending home sales sag more than expected in November
(Reuters) – Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the Federal Reserve[...]
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Latam M&A expected to recover in 2023, IPOs may take longer
(This Dec. 27 story has been corrected to change Teodora Barone’s title in paragraph 17 to ‘equity capital markets head at UBS BB’ instead of ‘UBS BB executive director’)[...]
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Amazon planning standalone app for sports content – The Information
(Reuters) -Amazon.com Inc is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with direct knowledge of the plan. The move comes as Chief[...]
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Baby formula imports to face tariffs again in 2023 – WSJ
(Reuters) – Imported baby formula would be subject to tariffs again in the new year, after the expiration of exemptions implemented amid a nationwide shortage, the Wall Street Journal reported o[...]
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Russian rouble slumps again as volatile year-end trade continues
By Alexander Marrow MOSCOW (Reuters) -The rouble weakened sharply on Wednesday, sliding to the 72 mark against the dollar, as sanctions on Russian oil and their probable impact on export revenues put[...]
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