Ships get older and slower as emissions rules bite

Ships get older and slower as emissions rules bite

Average age of vessels up more than two years since 2017 New emissions rules may force older ships to go slower One-fifth of ships fitted with energy saving devices New vessels and alternative fuels the long-term solution LONDON, July 11 (Reuters) – If shipping is the beating heart of global trade, its pulse is about … Read more

Rogers service restored after Canada-wide outage, blames router malfunction

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 July 9 (Reuters) – Rogers Communications (RCIb.TO) said on Saturday that its services were closed to fully operational after a massive outage it blamed on a router … Read more

US dollar flat in choppy trading after payrolls beat expectations

US dollar flat in choppy trading after payrolls beat expectations

US payrolls exceed expectations in June Rate futures price in 75-bps hike Yen in focus as former PM Abe gunned down NEW YORK, July 8 (Reuters) – The US dollar was little changed against a basket of currencies on Friday ahead of the weekend following a choppy session that saw the greenback posting both gains … Read more

European shares struggle ahead of US jobs data

European shares struggle ahead of US jobs data

LONDON, July 8 (Reuters) – European shares opened slightly lower on Friday and struggled to make gains after the shooting of Japan’s former prime minister caused a pullback in Asian shares, while investors waited for key US jobs data later in the session. Investor sentiment had been positive earlier in the session, which analysts said … Read more

Airline SAS files for US bankruptcy protection as strike grounds flights

Airline SAS files for US bankruptcy protection as strike grounds flights

Airline files for Chapter 11 in the United States Filing comes after pilot strike began on Monday Strike grounding roughly half of airline’s flights STOCKHOLM, July 5 (Reuters) – Scandinavian airline SAS (SAS.ST) has filed for bankruptcy protection in the United States to help cut debt, it said on Tuesday, warning strike action by pilots … Read more

Airline SAS says survival at stake as pilot strike grounds flights

Airline SAS says survival at stake as pilot strike grounds flights

Strike to ground roughly half of airline’s flights SAS says will affect about 30,000 passengers per day Strike raises uncertainty of loss-making airline’s future Biggest airline strike since BA pilots in 2019 STOCKHOLM, July 4 (Reuters) – Wage talks between Scandinavian airline SAS (SAS.ST) and its pilots collapsed on Monday, triggering a strike that puts … Read more

Second half starts with fresh swings for stocks

Second half starts with fresh swings for stocks

World stocks struggle after biggest fall in index history Euro zone inflation hits fresh record high Dollar rises against Aussie, kiwi 10-year Treasury yield holds below 3% China markets steady in a sea of ​​red in Asia LONDON, July 1 (Reuters) – The second half of the year started with more volatility for global stocks … Read more

Stocks, oil higher than China relaxes quarantine rules

Stocks, oil higher than China relaxes quarantine rules

LONDON, June 28 (Reuters) – Global shares were higher on Tuesday while oil prices firmed following China’s decision to ease some quarantine requirements for international arrivals that raised hopes for stronger growth and a revival in demand for commodities. China slashed the quarantine time for inbound travelers by half in a major easing of one … Read more

Wall Street set for bounceback but recession risk keeps investors cautious

Wall Street set for bounceback but recession risk keeps investors cautious

LONDON, June 21 (Reuters) – Wall Street was set to open higher on Tuesday and European shares were set for a second day of gains, recovering slightly from last week’s 17-month lows, but major central banks’ rate hike plans and global recession risks kept investors cautious. World stocks have edged higher so far this week, … Read more

Stocks stage small bounce as investors weigh cenbanks’ next moves

Stock markets jolted by Musk's economy and jobs warning

LONDON, June 20 (Reuters) – Stock markets chalked up modest gains on Monday after last week’s hefty losses as investors braced for a host of US Federal Reserve speakers this week, where they could underline a commitment to fight inflation whatever rate pain required. Trading was thinned by a US holiday. The euro was little … Read more