Emirates to suspend Nigeria flights from September over trapped funds
LAGOS (Reuters) – Dubai’s Emirates will suspend flights to Nigeria from next month over an inability to repatriate funds from Africa’s most populous nation, the...
Buffett’s Berkshire Hathaway wins OK to buy 50% Occidental stake
By Jonathan Stempel and Sabrina Valle (Reuters) -A U.S. energy regulator on Friday gave Berkshire Hathaway Inc, the company controlled by billionaire Warren Buffett, permission...
Dollar slides further after U.S. inflation surprise
By Iain Withers LONDON (Reuters) – The dollar lost further ground versus other major currencies on Thursday, after traders reined in bets on an aggressive...
China’s factory gate inflation slows further after cooling measures
BEIJING (Reuters) - China's factory-gate prices rose more slowly than expected in December after government measures to contain high raw material prices, official data showed on Wednesday, leaving
Wizz Air suspends relaunch of Russia-UAE flights as criticism mounts
DUBAI (Reuters) -European budget carrier Wizz Air has suspended plans to resume flights from the Russian capital of Moscow to Abu Dhabi in the United...
TSX jumps to two-month high on U.S. inflation relief
By Fergal Smith (Reuters) – Canada’s main stock index rose on Wednesday to its highest level in two months, with technology stocks leading gains after...
U.S. labor market defies recession fears as job growth surges in July
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth unexpectedly accelerated in July, lifting the level of employment above its pre-pandemic level and pouring cold...
Apple, WiLAN sign patent licensing agreement settling disputes
(Reuters) - WiLAN Inc said on Tuesday it had signed a patent license agreement with Apple Inc and settled all pending litigations, weeks after the iPhone maker won a patent dispute over wireless
U.S. court upholds Conoco’s $8.7 billion award for loss of Venezuela assets
HOUSTON (Reuters) -A U.S. court upheld a tribunal’s $8.75 billion award to U.S. oil producer ConocoPhillips over the expropriation of its Venezuelan oil assets, granting...
Oil steadies as IEA hikes 2022 demand growth forecast
By Ahmad Ghaddar LONDON (Reuters) – Oil prices steadied on Thursday after the International Energy Agency raised its oil demand growth forecast for this year...