Three grain ships set to leave Ukraine; NATO chief says Russia must not win

Three grain ships set to leave Ukraine;  NATO chief says Russia must not win

Three grain ships due to leave Ukraine ports Friday First ship due to arrive in Ukraine since start of war Eastern fighting “hell”, says Zelenskiy Amnesty says Ukraine troops endangering civilians NATO chief warns Putin not to go further ISTANBUL/KYIV, Aug 5 (Reuters) – Three ships carrying a total of 58,041 tons of corn have … Read more

Ukraine warns of new Russian offensive; Sweden, Finland move closer to joining NATO

Ukraine warns of new Russian offensive;  Sweden, Finland move closer to joining NATO

Ukraine warns of new Russian southern offensive Strike force aimed at president’s hometown, says Ukraine US, Italy approve Finland, Sweden accession to NATO Ukraine calls on China to help end war, says SCMP KYIV/WASHINGTON, Aug 4 (Reuters) – Ukraine said Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy’s hometown of … Read more

Meta posts first-ever revenue drop as inflation throttles ad sales

Meta posts first-ever revenue drop as inflation throttles ad sales

Facebook’s new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp, Oculus in this illustration picture taken October 28, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register July 27 (Reuters) – Meta Platforms Inc (META.O) issued a gloomy forecast after recording its first … Read more

Microsoft soothes market fears with forecast for strong revenue growth

Microsoft soothes market fears with forecast for strong revenue growth

A Microsoft logo is seen in Los Angeles, California US November 7, 2017. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register July 26 (Reuters) – Microsoft Corp (MSFT.O) on Tuesday forecast revenue this fiscal year would grow by double digits, driven by demand for cloud computing services and sending shares up 5%. … Read more

Fed to stick to 75 bps hike in July; 40% chance of recession

Fed to stick to 75 bps hike in July;  40% chance of recession

The Federal Reserve building in Washington September 1, 2015. REUTERS/Kevin Lamarque/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 21 (Reuters) – The US Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its meeting next week to quell stubbornly-high inflation as the … Read more

Aviation sector faces hiring headache as mechanics shortage looms

Aviation sector faces hiring headache as mechanics shortage looms

MONTREAL/BENGALURU, July 15 (Reuters) – Christophe Gagnon considered quitting his avionics studies as COVID-19 crippled aviation, but the 21-year-old stayed in class and now the industry is desperate for more like him to keep planes flying. Two years after lockdowns nearly grounded the airline industry, repair shops and suppliers are scrambling for students like Gagnon, … Read more

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

People walk near power plant number 10 at Saudi Electricity Company’s Central Operation Area, south of Riyadh, April 27, 2012. REUTERS Register now for FREE unlimited access to Reuters.com Register This includes content produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Kingdom burns Russian fuel to free up crude … Read more

Musk makes meme on Twitter legal threat after scrapping $44 billion deal

Musk makes meme on Twitter legal threat after scrapping  billion deal

July 11 (Reuters) – Elon Musk on Monday mocked Twitter Inc’s (TWTR.N) threat to sue him following his move to abandon the $44 billion takeover deal, tweeting the social media firm would need to disclose more information on bots and spam accounts. The series of tweets on Monday was Tesla Inc chief’s first public response … Read more

Swiss give cool reply to Ukraine call for seizing Russian assets

Swiss give cool reply to Ukraine call for seizing Russian assets

Swiss President Ignazio Cassis listens during the Ukraine Recovery Conference in Lugano, Switzerland July 5, 2022. Alessandro della Valle/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LUGANO, Switzerland, July 5 (Reuters) – Switzerland has given a cool response to calls from Ukraine’s prime minister to use frozen assets of ultra-wealthy Russians … Read more

Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years

Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years

July 5 (Reuters) – Tesla Inc (TSLA.O) faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years. Stung by China’s COVID-19 lockdowns and soaring costs, Tesla said … Read more