By Abhijith Ganapavaram (Reuters) -Spirit AeroSystems Holdings Inc said on Tuesday it was experiencing disruptions in supplying parts for the industry’s top-selling wide-body jets, the Boeing 78[...]
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February 7, 2023
Oil surges more than 3% as Fed’s Powell eases rate hike concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed more than 3% on Tuesday after the head of the U.S. central bank eased market concerns over interest rate hikes, while recovering demand in Chi[...]
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Arm CEO says firm fully committed to a market listing this year
By Stephen Nellis SAN FRANCISCO (Reuters) – The chief executive of Softbank-owned British chip technology firm Arm told Reuters on Tuesday that the company is committed to a stock market float t[...]
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Powell: Jobs report was stronger than expected but shows why this will be a long process
By Michael S. Derby (Reuters) – Federal Reserve Chairman Jerome Powell said Tuesday very strong jobs data released last week simply affirms that the central bank has some way to go on raising ra[...]
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Powell: A “couple of years” before Fed nears end of balance sheet decline
By Michael S. Derby (Reuters) -Federal Reserve Chairman Jerome Powell said Tuesday the U.S. central bank has some distance left to run in terms of shrinking its balance sheet. When it comes to setting[...]
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Bank of Mexico 25 basis points hike expected amid forecast inflation rise: Reuters poll
By Noe Torres MEXICO CITY (Reuters) – The Bank of Mexico is expected to hike its benchmark interest rate to a record 10.75% on Thursday, amid a forecast increase in January inflation and followi[...]
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Disney investors await CEO Iger’s revival plan with results on tap
By Dawn Chmielewski LOS ANGELES (Reuters) – Walt Disney Co CEO Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly results since t[...]
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Delta Airlines employees to get 5% pay bump amid strong travel demand
(Reuters) -Delta Air Lines Inc said on Tuesday that it would bump up the pay of its employees by 5%, amid an industrywide shortage of workers as airlines look to cash in on robust demand for air trave[...]
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Airbus deliveries fell by a third to 20 jets in January
By Tim Hepher and Federica Mileo PARIS (Reuters) -Airbus deliveries fell by a third to 20 airplanes in January compared to 30 in the same month last year, the company said on Tuesday, confirming an ea[...]
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