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Wizz Air ‘is not a good candidate’ for M&A, will focus on organic growth- CEO

BY Reuters  • December 1, 2022December 1, 2022
LONDON (Reuters) – Wizz Air “is not a good candidate” for mergers and acquisitions, but will focus on organic growth for the time being, its Chief Executive Jozsef Varadi said on Thu[...]
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Business Economy Europe Politics UK

HSBC CEO ratchets ups cost-cutting target for next year

BY Reuters  • December 1, 2022December 1, 2022
By Lawrence White and Iain Withers LONDON (Reuters) – HSBC has identified $1.7 billion of extra costs that can be stripped out next year, Chief Executive Noel Quinn said on Friday, as the bank b[...]
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Asia Business Economy Europe Politics UK

U.S. Treasury’s Yellen ‘practiced and practiced’ her signature for U.S. bills

BY Reuters  • December 1, 2022December 1, 2022
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said she “practiced and practiced” writing the signature that will soon adorn U.S. dollars in order to avoid the illegible s[...]
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Business Economy Entertainment and Lifestyle Oddly Enough Politics Top News Updated US

Europe wary of Turkish hub to hide gas ‘made in Moscow’

BY Reuters  • December 1, 2022December 1, 2022
By Vladimir Soldatkin and Olesya Astakhova MOSCOW (Reuters) -President Vladimir Putin’s plan to make Turkey a hub for Russian gas in theory could allow Moscow to mask its exports with fuel from[...]
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Asia Business Economy Europe Middle East Politics Updated

U.S. bans new Huawei, ZTE equipment sales, citing national security risk

BY Reuters  • December 1, 2022December 1, 2022
By Diane Bartz and Alexandra Alper (Reuters) -The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE because they pose “[...]
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Asia Business Economy Politics Technology Updated US

U.S. senator presses FAA for details on Boeing 737 MAX alerting system

BY Reuters  • December 1, 2022December 1, 2022
By David Shepardson WASHINGTON (Reuters) – A senior U.S. lawmaker wants details from the Federal Aviation Administration (FAA) about the safety of the cockpit alerting system for the Boeing 737[...]
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Africa Asia Business Environment Politics Top News US

Interpol confirms red notice for Angolan billionaire Isabel dos Santos

BY Reuters  • November 30, 2022November 30, 2022
LISBON (Reuters) – Global police agency Interpol confirmed on Wednesday it had issued a red notice for Angolan billionaire Isabel dos Santos, daughter of the country’s former president, as[...]
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Africa Business Europe Middle East Politics Top News

Emerging market policymakers dare to hope for brighter 2023

BY Reuters  • November 30, 2022November 30, 2022
(Reuters) – Policymakers in Asia and Africa voiced growing economic optimism at a Reuters conference on Wednesday, chiming with a rally in emerging markets, an expected slowdown in U.S. rate hik[...]
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Africa Asia Business Economy Politics

EU defends gas price cap proposal after country criticism

BY Reuters  • November 30, 2022November 30, 2022
By Kate Abnett BRUSSELS (Reuters) -The European Union’s energy chief on Wednesday defended the bloc’s proposal to cap gas prices and said countries will negotiate possible changes to the p[...]
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Asia Business Economy Europe Politics Updated
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