Bank holdups snowball in Lebanon as depositors demand their own money

Bank holdups snowball in Lebanon as depositors demand their own money

Register now for FREE unlimited access to Reuters.com Register Five more depositors hold up banks to access their money Depositors cash out $60,000, only some in custody Banks announced three-day closure over security concerns Frustration over frozen savings, spiraling crisis BEIRUT, Sept 16 (Reuters) – Five Lebanese banks were held up by depositors seeking access … Read more

Canada’s real problem is not job losses, it’s the rush to retire

Canada’s real problem is not job losses, it’s the rush to retire

Register now for FREE unlimited access to Reuters.com Register OTTAWA, Sept 11 (Reuters) – More than a year after the Great Resignation took hold in the United States, Canada is grappling with its own grayer version: The Great Retirement. Canada’s labor force grew in August, but it fell the previous two months and remains smaller … Read more

Exclusive: Scientists detect second ‘vast’ methane leak at Pemex oil field in Mexico

Exclusive: Scientists detect second ‘vast’ methane leak at Pemex oil field in Mexico

The logo of Mexican petroleum company Pemex is seen at a gas station in Mexico City August 28, 2014. REUTERS/Edgard Garrido Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Sept 2 (Reuters) – Satellites recorded another large methane leak at an offshore platform belonging to Mexico’s Pemex in August, according to exclusive … Read more

Starbucks executives, directors are sued over diversity policies

Starbucks executives, directors are sued over diversity policies

FILE PHOTO:A Starbucks coffee shop is seen in downtown Los Angeles, California, US, June 29, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Starbucks Corp (SBUX.O) executives and directors have been sued by a conservative think tank that believes the coffee chain’s efforts to promote diversity amount … Read more

This decade’s oil boom is moving offshore – way offshore

This decade’s oil boom is moving offshore – way offshore

Aug 31 (Reuters) – Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada’s Atlantic coast. Surging oil prices are encouraging the investments, along with Europe’s mounting energy demand as the Ukraine-Russia war drags … Read more

Moderna sues Pfizer/BioNTech for patent infringement over COVID vaccine

Moderna sues Pfizer/BioNTech for patent infringement over COVID vaccine

Moderna’s logo is reflected in a drop on a syringe needle in this illustration taken November 9, 2020. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 26 (Reuters) – Moderna is suing Pfizer and its German partner BioNTech for patent infringement in the development of the first COVID-19 vaccine approved in … Read more

Tesla discloses lobbying effort to set up factory in Canada

Tesla discloses lobbying effort to set up factory in Canada

Aug 9 (Reuters) – Tesla Inc (TSLA.O) is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, filing by the electric-vehicle maker to the province’s Office of Integrity Commissioner showed. The company’s Canadian unit is working with the government to “identify opportunities for industrial facility permitting … Read more

Pinterest shares surge after Elliott discloses it is the largest shareholder

Pinterest shares surge after Elliott discloses it is the largest shareholder

Screens display the company logo for Pinterest Inc. during the company’s IPO on the front of the New York Stock Exchange (NYSE) in New York, US, April 18, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Aug 1 (Reuters) – Activist investor Elliott Investment Management disclosed on Monday it had become … Read more

Austrian spy firm accused by Microsoft says hacking tool was for EU states

Austrian spy firm accused by Microsoft says hacking tool was for EU states

A Microsoft logo is seen at a pop-up site at Roosevelt Field in Garden City, New York July 29, 2015. REUTERS/Shannon Stapleton Register now for FREE unlimited access to Reuters.com Register LONDON, July 29 (Reuters) – An Austrian firm which Microsoft (MSFT.O) said created malicious software that was detected on the computer systems of some … 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