CHICAGO – Frontier Group Holdings Chief Executive Barry Biffle said on Monday the company’s revised offer for Spirit Airlines Inc will be enough to secure a merger deal with the …
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By Andrea Shalal SCHLOSS ELMAU, Germany – U.S. President Joe Biden and Chinese President Xi Jinping are expected to speak in the next few weeks, U.S. national security adviser Jake …
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BERLIN – Germany’s financial stability committee on Monday said the direct effects of Russia’s war on Ukraine are manageable for Germany’s financial system as a whole as the direct claims …
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By Fabian Cambero SANTIAGO – Chilean state-owned copper miner Codelco, the world’s top producer of the red metal, sees a firm copper price ahead despite a recent sharp fall, chairman …
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By Saqib Iqbal Ahmed NEW YORK – U.S. equities could see a 7% move up next week as investors rebalance their portfolios after a brutal first half of the year, …
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(Reuters) – Shale producer Chesapeake Energy is anticipating roughly 10% oilfield inflation in 2023 compared with the current year, Chief Executive Officer Nick Dell’Osso said on Wednesday at a conference …
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By Matthieu Protard PARIS -French bank Credit Agricole is targeting a net profit of more than 6 billion euros ($6.3 billion) by 2025 and sees strong potential for its business …
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BERLIN – Lockheed Martin said on Wednesday it could deliver first F-35 fighter jets to Germany in 2026 and expects more orders for the aircraft in Europe as Greece and …
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DUBLIN – Unilever chief executive Alan Jope said on Tuesday that consumer goods companies should get used to the idea of “crisis being more or less the new normal” as …
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SYDNEY – Australia’s central bank decided to raise interest rates by a larger 50 basis points this month because policy would still be very stimulative and it needed to be …
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WASHINGTON – U.S. Deputy Treasury Secretary Wally Adeyemo warned bankers about elevated cyber threats in the wake of Russia’s invasion of Ukraine, and underscored the department’s commitment to sharing real-time …
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By Elizabeth Dilts Marshall NEW YORK – Facing intense competition for talent and pressure to hit diversity goals, banks are getting more creative in their hiring, with Citigroup Inc recruiting …
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ISTANBUL – Goldman Sachs said on Friday it expects annual inflation in Turkey to reach almost 80% before easing to 60% by the end of 2022, thanks to so-called favourable …
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(Reuters) – Leisure airline Allegiant Travel Co said on Friday bookings beyond the summer travel season were trending above pre-pandemic levels, an early sign that demand was holding steady in …
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(Reuters) – Russian First Deputy Prime Minister Andrei Belousov says the rouble is overvalued and industry would be more comfortable if it fell to between 70 to 80 against the …
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By Giuseppe Fonte and Valentina Za ROME – Italy expects to reach an informal agreement with European Union authorities soon over new restructuring goals for Monte dei Paschi di Siena …
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Drug-Plagued State Sees Record Overdoses Thanks To Fentanyl Epidemic Jennie Taer on June 14, 2022 Kentucky has seen a record year of overdose deaths as it continues to deal with …
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PARIS – France’s economy should avoid falling into recession during the current quarter after contracting in the first three months of the year, the central bank said on Tuesday. The …
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WASHINGTON – Friday’s consumer price data is likely to reflect the continued impact that Russia’s invasion of Ukraine is having on food and energy prices, but U.S. goods and services …
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By Divya Chowdhury MUMBAI – Standard Chartered Chief Executive Bill Winters expects central banks’ fight against surging inflation, driven by structural cost pressures such as wage growth, to result in …
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By Leigh Thomas PARIS – The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout of 1970s-style stagflation, the OECD …
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By Aluisio Alves SAO PAULO – Kraft Heinz Co aims to double the pace of its sales growth in Latin America, making the region its second-largest global market within the …
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TRENTO, Italy – Alliances and partnerships remain important for the development of companies controlled by the Benettons, the chairman of the family’s holding company Edizione said on Sunday, answering a …
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PARIS – France’s finance minister said on Sunday he expected positive growth for 2022, but would revise economic forecasts at the start of July. “It’s clear that with the war …
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PARIS – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market. French-based CMA CGM, …