By Arathy Somasekhar HOUSTON (Reuters) -A looming labor dispute at Canada’s two main railroads is unlikely to significantly reduce oil exports to the United States due to excess capacity on Tran[...]
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August 19, 2024
Analysis-Package deals make a comeback as sun seekers count the cost
By Joanna Plucinska and Jon Nazca LONDON/MALAGA, Spain (Reuters) – Sun seekers are turning to package holidays in Europe as soaring hotel and flight prices revive demand for the all-inclusive de[...]
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U.S. customer activity boosting transatlantic shipping, Hapag-Lloyd says
By Vera Eckert FRANKFURT (Reuters) -Transatlantic container shipping volumes into the United States are rebounding, the head of Hapag-Lloyd said on Monday, boosted by restocking and a rush to fill up[...]
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Beryl-battered Grenada becomes first to use government bond hurricane clause
By Marc Jones LONDON (Reuters) -Grenada has become the first country in the world to use a so-called hurricane clause in a government bond – a special feature that allows authorities to postpone[...]
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Estee Lauder forecasts bleak annual results; CEO Freda to depart
By Ananya Mariam Rajesh (Reuters) -Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market and said CEO Fabri[...]
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Oil producer APA explores $1-billion sale of Permian assets, sources say
By Shariq Khan and David French (Reuters) – APA Corp is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that cou[...]
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Canada’s Couche-Tard makes preliminary takeover bid for Japan’s Seven & i
By Makiko Yamazaki, Kane Wu and Anton Bridge TOKYO (Reuters) -Canada’s Alimentation Couche-Tard has sounded out Japan’s Seven & i about a potential takeover, the two companies said on[...]
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Disney names veteran producer Almin Karamehmedovic president of ABC News
(Reuters) – Walt Disney has named veteran producer Almin Karamehmedovic as president of ABC News, the television network said on Monday. Karamehmedovic joined ABC News as a freelance video edito[...]
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Lendlease reports $1 billion loss amid strategy shift, regulatory delays
By Rishav Chatterjee (Reuters) – Australia’s Lendlease on Monday reported a wider annual loss as the real estate developer grappled with the impact of an operational strategy shift and del[...]
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