By Gigi Zamora (Reuters) – Staff shortages, airport chaos and higher fuel costs have caused earnings at U.S. airlines like JetBlue Airways to land below analysts’ expectations while hotel chains …
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By Lucy Craymer WELLINGTON – New Zealand video game developer PikPok found a solution to prolonged difficulty in finding experienced workers: Colombia. The company, which is behind such mobile game …
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BAGHDAD – A power struggle in Iraq between the influential Shi’ite cleric Moqtada Sadr and Iran-backed Shi’ite rivals has escalated with his supporters breaking into parliament and beginning an open-ended …
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Exclusive: Citi, Raiffeisen, other foreign banks seek staff in Russia as they struggle to exit
by ReutersMOSCOW – Russian divisions of foreign banks, such as Citi and Raiffeisen Bank International, have started looking for staff this month after Russian authorities moved to block them exiting the …
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By Patturaja Murugaboopathy (Reuters) – Asian companies are likely to find it harder to refinance dollar-denominated debt, the decline in a key metric suggests, with the currency at a two-decade …
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By Essi Lehto and Anne Kauranen HELSINKI – For foreign companies still working out what to do with their stranded Russian assets, President Vladimir Putin’s seizure of a major oil …
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SYDNEY – Job vacancies in Australia surged to all-time highs in the May quarter as firms struggled to find staff amid a tightening labour market, another sign interest rates are …
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By Gloria Dickie and Duncan Miriri NAIROBI – With only two days left to hash out a U.N. draft agreement to protect global biodiversity, organizers on Friday urged delegates in …
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By James Oliphant WASHINGTON – Fed-up Democrats in San Francisco and Los Angeles, liberal-leaning California cities reeling from COVID-era spikes in homicides and gun violence, may punish their own party …
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By Joanna Plucinska and Michael Kahn RZESZOW, Poland/PRAGUE – When Ukrainians started streaming across the border after Russia invaded their country on Feb. 24, residents in this Polish city — …
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By Timothy Gardner WASHINGTON – U.S. coal producers are seeking to boost exports to cash in on soaring prices since Russia’s invasion of Ukraine but face big headwinds including shipping …
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Small Businesses Struggle To Survive In Biden’s Economy, Optimism Hits All-Time Low: POLL Thomas Catenacci on May 13, 2022 Small business owners are increasingly pessimistic about U.S. economic conditions and …
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By Stine Jacobsen and Isla Binnie COPENHAGEN/MADRID – Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than …
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By Huw Jones LONDON – Britain’s financial services minister said on Tuesday that the European Union would find it hard to replace London for clearing trillions of euros in derivatives, …
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By Daniel Becerril and Miguel Lo Bianco LIMA -In the hilly slums of Peruvian capital Lima, soup kitchens struggle to feed some of the Andean nation’s poorest and most vulnerable …
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By Rajesh Kumar Singh CHICAGO – Robin Hayes, the ebullient chief executive of JetBlue Airways Corp, was on an Amtrak train on Tuesday coming back from Boston when news broke …
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By Rodrigo Campos NEW YORK – Latin America has served as a respite for whipsawed emerging market investors during the first quarter, as accelerating inflation and a more hawkish U.S. …
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By Nina Chestney, Marwa Rashad and Kate Abnett LONDON/BRUSSELS – The European Commission’s plan to cut dependence on Russian gas this year will be hard to achieve and could trigger …
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By Stefano Bernabei and Gianluca Semeraro ROME – Generali’s second-biggest investor, construction tycoon Francesco Gaetano Caltagirone, plans to put forward his own candidate to lead Italy’s biggest insurer, challenging the …
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LISBON – Firefighters are struggling to put out a fire that broke out on Wednesday on a vessel carrying thousands of luxury cars, which is adrift off the coast of …
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By Jonathan Saul LONDON – Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused by surging demand for retail …
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Airlines canceled nearly 1,500 U.S. flights Wednesday, marking the 11th consecutive day of more than 1,000 cancellations, the most in a row since the beginning of the pandemic, multiple sources …