Jane Street Global sues LME for $15.3 million for cancelling nickel trades

U.S.-based Jane Street Global Trading has sued the London Metal Exchange for $15.3 million following the cancellation of nickel trades in March - the second such legal claim it has faced this week.

newspaper

07-06-2022

Japan's household spending falls as rising costs squeeze consumers

Japan's household spending fell faster than expected in April as the yen's sharp decline and surging commodity prices pushed up retail costs, hitting consumer confidence and heightening pressures on the battered economy.

newspaper

07-06-2022

U.S. aims to ramp up international tourism hit hard by COVID

The U.S. Commerce Department on Monday will unveil a new strategy aimed at boosting international tourism hit hard by COVID-19 and government travel restrictions by streamlining the entry process and promoting more diverse destinations.

newspaper

06-06-2022

Ousted board of Philippine casino sues Japanese tycoon Okada after resort seized

MANILA (Reuters) -The ousted board of the Philippines' biggest casino said on Monday it is suing Japanese tycoon Kazuo Okada and his partners, accusing them of coercion and other misconduct in what it said was a "violent and illegal" seizure of the gambling resort last week.

newspaper

06-06-2022

EU's Gentiloni aims to present Stability Pact reform after summer

TRENTO, Italy (Reuters) -EU Economic Commissioner Paolo Gentiloni said on Saturday he aimed to present a reform of the eurozone Stability Pact after the summer, adding that the new rules would likely include country-specific debt targets.

newspaper

04-06-2022

Food deliverer Delivery Hero drops out of Germany's blue chip index

Food deliverer Delivery Hero will drop out of Germany's blue chip stock index DAX replaced by consumer goods maker Beiersdorf from June 20, stock market operator Deutsche Boerse said on Friday.

newspaper

03-06-2022

Shipping giant CMA CGM sees uncertain outlook as earnings surge again

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.

newspaper

03-06-2022

Airlines step up push to get U.S. to drop international COVID-19 testing rule

U.S. airlines are stepping up their efforts to get the Biden administration to end COVID-19 pre-departure testing requirements for international air travel.

newspaper

03-06-2022

Carrefour confident on 2022 despite mounting challenges

Carrefour is looking at 2022 with confidence as it works on a new strategy that will allow the French retailer to step up digital expansion and be more resilient amid an increasingly uncertain environment, its boss said on Friday.

newspaper

03-06-2022