Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway posts massive .8 billion loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in US stock prices … Read more

Brazil grants permit to pave highway through heart of Amazon forest

Brazil grants permit to pave highway through heart of Amazon forest

SAO PAULO, July 28 (Reuters) – Brazil’s environmental authority on Thursday granted an initial permit that will allow a major highway to be paved through the center of the Amazon rainforest, the minister of infrastructure said, in a move that threatens to increase deforestation. Right-wing President Jair Bolsonaro on the campaign trail had pledged to … Read more

Breakingviews: GE is fine, it’s everyone else that’s the problem

Breakingviews: GE is fine, it’s everyone else that’s the problem

Technicians build LEAP engines for jetliners at a new, highly automated General Electric (GE) factory in Lafayette, Indiana, US on March 29, 2017. REUTERS/Alwyn Scott/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 26 (Reuters Breakingviews) – No man is an island, but General Electric (GE.N) boss Larry Culp might … Read more

China’s home-grown C919 jet nears certification as test planes complete tasks

China’s home-grown C919 jet nears certification as test planes complete tasks

The fifth prototype of China’s home-built C919 passenger plane takes off for its first test flight from Shanghai Pudong International Airport in Shanghai, China October 24, 2019. Picture taken October 24, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register SHANGHAI, July 23 (Reuters) – China’s homegrown C919 narrow-body jet, designed to challenge … 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

NASA, Russian space agency sign deal to share space station flights – Roscosmos

NASA, Russian space agency sign deal to share space station flights – Roscosmos

July 15 (Reuters) – NASA and Russia’s space agency Roscosmos have signed a long-sought agreement to integrate flights to the International Space Station, allowing Russian cosmonauts to fly on US-made spacecraft in exchange for American astronauts being able to ride on Russia’s Soyuz , the agencies said Friday. “The agreement is in the interests of … Read more

Rogers network outage across Canada hits banks, businesses and consumers

Rogers network outage across Canada hits banks, businesses and consumers

General view of the Rogers Building, quarters of Rogers Communications in Toronto, Ontario, Canada October 22, 2021. REUTERS/Carlos Osorio Register now for FREE unlimited access to Reuters.com Register Rogers dominates Canada’s telecom sector Banking services down, transportation disrupted Outage renews criticism over telecom sector competition TORONTO/OTTAWA, July 8 (Reuters) – A major network outage at … Read more

Wall St slides, Dow set for worst first-half since 1962

Wall St slides, Dow set for worst first-half since 1962

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US May consumer spending rises moderately; higher inflation S&P 500 headed for worst first-half since 1970 Indexes down: Dow 0.72%, S&P 0.58%, Nasdaq … Read more

Exclusive: Indonesian navy officers ask for $375,000 to release tanker

Exclusive: Indonesian navy officers ask for 5,000 to release tanker

A view of shipyards, seen through a window, in Batam, Indonesia, April 3, 2019. REUTERS/Henning Gloystein/File Photo Register now for FREE unlimited access to Reuters.com Register Navy detains fuel tanker anchored east of Singapore Incident follows a dozen similar detentions last year More tankers anchored off Singapore due to COVID delays SINGAPORE, June 9 (Reuters) … Read more

Finnish group says Russian-built nuclear plant plan

Finnish group says Russian-built nuclear plant plan

HELSINKI, May 2 (Reuters) – Finnish-led consortium Fennovoima said on Monday it had scrapped a contract for Russia’s state-owned Rosatom to build a nuclear power plant in Finland, citing delays and increased risks due to the war in Ukraine. The announcement ended months of uncertainty and years of political wrangling over the planned Hanhikivi 1 … Read more