By Satoshi Sugiyama and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challeng[...]
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May 16, 2024
Investors reach for riskier assets as fear seeps out of markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks are at fresh records, bitcoin is soaring and investors are spurning insurance against portfolio declines as evidence that the economy is hea[...]
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China’s Nio aims to launch one new car model per year under Onvo brand
SHANGHAI (Reuters) -Chinese electric vehicle maker Nio said on Thursday it would launch one new model per year under its lower-priced Onvo brand and price them similarly to gasoline vehicles, as the f[...]
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How easyJet’s bet on holidays paid off
By Joanna Plucinska LONDON (Reuters) – EasyJet’s big bets on package holidays and better-located airports are helping it win customers, its CEO and investors say, even as concerns linger a[...]
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Pfizer offers up to $250 million to settle Zantac cancer lawsuits, FT reports
(Reuters) -Pfizer will pay up to $250 million to settle more than 10,000 U.S. lawsuits over cancer risks associated with its discontinued heartburn drug Zantac, the Financial Times reported on Thursda[...]
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China’s Nio launches Onvo brand to challenge Tesla’s best-selling model
() SHANGHAI/SINGAPORE (Reuters) – Chinese electric vehicle maker Nio on Wednesday launched the first vehicle in its new lower-priced brand Onvo which aims to compete there with Tesla’s Mod[...]
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Australian jobless rate rises in April, erasing risk of rate hike
By Wayne Cole SYDNEY (Reuters) – Australian employment rose by more than expected in April, data showed on Thursday, but the jobless rate still climbed to a three-month top as the growth in work[...]
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US Congress passes broad aviation bill on safety and consumer rights
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives on Wednesday overwhelmingly passed a broad aviation bill to boost air traffic controller staffing, increase funding to avert[...]
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US fines Volaris up to $300,000 for violating tarmac delay rules
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said on Wednesday it will fine Mexican carrier Volaris Airlines up to $300,000 for airport tarmac delays that violate feder[...]
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