By Sabrina Valle (Reuters) -U.S. oil major Chevron’s CEO Michael Wirth was paid $26.5 million in 2023, a 12.2% boost from the prior year and above the median pay raise for employees, a securitie[...]
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April 10, 2024
US airlines seek FAA extension of New York minimum flight requirements cuts -letter
By David Shepardson WASHINGTON (Reuters) -Major U.S. airlines are asking the Biden administration to extend cuts to minimum flight requirements at congested New York City-area airports through October[...]
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UBS faces tougher rules in Swiss response to Credit Suisse rescue
By Noele Illien, Oliver Hirt and Stefania Spezzati BERN (Reuters) -Switzerland’s UBS and three other systemically relevant banks must face tougher capital requirements, the Swiss government said[...]
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Delta expects summer travel demand to produce record second-quarter revenue
By Rajesh Kumar Singh and Deborah Mary Sophia CHICAGO (Reuters) -Delta Air Lines said on Wednesday it expects the highest second-quarter revenue in its history thanks to buoyant demand for spring and[...]
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Deutsche Telekom, Airbus slam plan allowing Big Tech access to EU cloud data
By Foo Yun Chee BRUSSELS (Reuters) – Deutsche Telekom, Orange, Airbus and 15 other EU companies have criticised a proposal that would allow Amazon, Alphabet’s Google and Microsoft to bid f[...]
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Music label UMG announces distribution partnership with China’s TF Entertainment
(Reuters) – Universal Music Group on Wednesday said its unit in Greater China has entered a global digital distribution partnership with Chinese entertainment company TF Entertainment. “Ta[...]
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World Bank cuts Latam 2024 GDP forecast, says competition key for growth
NEW YORK (Reuters) – The World Bank on Wednesday downgraded its 2024 economic growth forecast for Latin America and the Caribbean to 1.6% from its previous estimate of 2.3%, saying the region co[...]
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MicroStrategy leads crypto sector short losses with $2 billion hit since March
By Manya Saini and Niket Nishant (Reuters) – Short sellers betting against MicroStrategy have lost $1.92 billion since March, according to data from S3 Partners, highlighting the hit from a rall[...]
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Rain, cooler weather in Argentina farmlands should stall leafhopper spread
BUENOS AIRES (Reuters) – Argentina’s key agricultural regions will receive rain and a drop in temperatures in the coming days, the Buenos Aires grain exchange said on Wednesday, a combinat[...]
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