Europe braces as Nord Stream Russian gas link set to restart

Europe is on edge about the restart of the Nord Stream 1 gas pipeline from Russia after annual maintenance is set to end on Thursday, with governments bracing for possible further supply cuts.

newspaper

20-07-2022

United Airlines earnings disappoint as operating costs bite

CHICAGO (Reuters) -United Airlines Holdings on Wednesday posted a lower-than-expected quarterly profit, its first without U.S. aid since the pandemic began, as booming travel demand failed to offset higher operating costs, sparking a sell-off in its shares.

newspaper

20-07-2022

United Airlines falls short of profit estimates on higher costs

United Airlines Holdings on Wednesday posted a lower-than-expected quarterly profit, its first without government aid since the pandemic began, as booming travel demand failed to offset higher operating costs.

newspaper

20-07-2022

Health insurer Elevance raises annual profit forecast

(Reuters) -Elevance Health Inc lifted its annual earnings forecast on Wednesday after strength in the unit that houses its pharmacy benefits management business, IngenioRx, helped the company sail past market estimates for quarterly profit.

newspaper

20-07-2022

Health insurer Elevance profit slips 8% on higher costs

Health insurer Elevance Health Inc reported an about 8% decline in quarterly profit due to higher costs.

newspaper

20-07-2022

Hyundai Motor, South Korea union agree 9% wage hike deal

SEOUL (Reuters) -Hyundai Motor Co and a union representing its South Korea workforce have sealed a wage deal that will boost annual pay by about 9% just days after the automaker committed to building its first new Korean car plant in nearly 30 years.

newspaper

20-07-2022

Toyota and partners to develop small electric vans and fuel cell electric trucks

Toyota Motor Corp said on Tuesday it would work with allied automakers to develop small electric commercial vans and light-duty fuel cell electric trucks.

newspaper

19-07-2022

Fitch revises Pakistan's outlook to negative, affirms at 'B-'

KARACHI, Pakistan (Reuters) -Ratings agency Fitch on Tuesday revised its outlook on Pakistan to negative from stable, citing a deterioration in the country's external liquidity position and financing conditions as well as the risks from renewed political volatility.

newspaper

19-07-2022

Hyundai Motor's South Korea union approves wage deal -union

Hyundai Motor Co's unionised workers in South Korea voted in favour of a wage deal with the automaker, a Hyundai Motors union official said on Tuesday.

newspaper

19-07-2022