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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Top HeadlinesUS and World News
Explainer: What’s driving the power struggle in Iraq?
by Reutersby ReutersBAGHDAD – 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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Financial News
Exclusive: Citi, Raiffeisen, other foreign banks seek staff in Russia as they struggle to exit
by Reutersby 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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Financial News
Asian firms may struggle to refinance dollar debt, ratio suggests
by Reutersby ReutersBy 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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Financial News
Nervous staff and no bankers: Western firms struggle to exit Russia
by Reutersby ReutersBy 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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Top HeadlinesUS and World News
As deadline looms, countries struggle to agree on protecting nature
by Reutersby ReutersBy 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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Top HeadlinesUS and World News
Ahead of U.S. midterms, Democrats struggle to find footing on violent crime
by Reutersby ReutersBy 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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Top HeadlinesUS and World News
After three months, host cities struggle to find jobs, homes for Ukraine refugees
by Reutersby ReutersBy 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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Financial News
Analysis-U.S. coal companies struggle to cash in on Europe crunch
by Reutersby ReutersBy 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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Featured NewsTop HeadlinesUS and World News
Small Businesses Struggle To Survive In Biden’s Economy, Optimism Hits All-Time Low: POLL
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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Financial News
Britain says EU will struggle to shift euro clearing from London
by Reutersby ReutersBy 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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Financial News
In Peru’s slums, chicken off the menu as soup kitchens struggle with inflation
by Reutersby ReutersBy 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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Financial News
Analysis: JetBlue faces struggle in selling Spirit takeover bid to investors
by Reutersby ReutersBy 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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Financial News
Generali struggle intensifies as investor plots own CEO candidate
by Reutersby ReutersBy 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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Featured NewsUS and World News
Firefighters struggle to douse fire on luxury cars vessel off Azores islands
by Reutersby ReutersLISBON – 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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Featured NewsUS and World News
Thousands Of Flights Delayed, Canceled As Airlines Struggle With Surging Omicron Cases
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 …