Business
Top European air safety regulator warns over budget squeeze
By Joanna Plucinska and Tim Hepher COLOGNE (Reuters) - The outgoing head of Europe's aviation regulator has issued a warning over resources and called for a bigger role as it grapples with "systemic risks" in the aviation ecosystem. The call ...
How the oil industry is thriving despite Joe Biden's climate policies
By Nichola Groom and Jarrett Renshaw (Reuters) - Record production. Booming exports. Rapid jobs growth. Soaring CEO pay and shareholder returns. Almost no matter the metric, the U.S. oil and gas industry has flourished under President Joe Biden, ...
Sri Lanka's key inflation rate falls to 0.9% in March
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's key inflation rate fell to 0.9% year-on-year in March from 5.9% in February, the statistics department said on Thursday. The Colombo Consumer Price Index, a leading indicator for broader ...
Analysis-Zambia's debt-rework battle scars mar its Common Framework success
By Libby George LONDON (Reuters) - Zambia's deal with bondholders this week suggests it will finally emerge from more than three years in default -- and become the first successful restructuring under the debt-rework architecture designed by the ...
Exclusive-SIX Group CEO rules out Allfunds bid amid M&A hunt
By Pablo Mayo Cerqueiro LONDON (Reuters) -SIX Group has ruled out making a bid for fund distribution group Allfunds after studying an acquisition, and will instead consider other deals that can expand its data business or give it access to new asset ...
How the US stock market rocketed through the first quarter
By Lewis Krauskopf NEW YORK (Reuters) - The U.S. stock market is off to a soaring start in 2024, as optimism over the economy and interest rate cuts has combined with exuberance about the business opportunity in artificial intelligence to stir up ...
US cryptocurrency ETF inflows pick up as bitcoin price recovers
By Suzanne McGee and Hannah Lang (Reuters) - Inflows into the nine recently launched exchange-traded funds (ETFs) tied to bitcoin have resumed their upward trajectory this week after the cryptocurrency's price bounced back from its dip last week.
Home Depot to buy SRS Distribution in $18.25 billion deal
(Reuters) - Home Depot said on Thursday it would buy building products distributor SRS Distribution in a deal valued at about $18.25 billion including debt. SRS serves professional customers such as roofers, landscapers and pool contractors. The ...
Ryanair boss says Boeing's Pope needed in production, not CEO role
By Olivier Sorgho KRAKOW, Poland (Reuters) - Ryanair CEO Michael O'Leary said he wants Boeing's new head of commercial airplanes division Stephanie Pope to stay in the role to fix production problems rather than be considered a contender as the ...
Italy's Azimut to create fintech bank through spin-off, Ipo
MILAN (Reuters) - Italian asset manager Azimut Holding plans to spin-off part of its network of financial advisors and merge it into a new digital bank to be listed within 6-9 months, it said on Thursday. The financial advisors of the new, ...