Singapore Airlines narrows annual loss, says outlook improving

(Reuters) -Singapore Airlines Ltd (SIA) on Wednesday posted a narrower annual loss of S$962 million ($694.08 million), at a time when demand remained low due to the pandemic, but said the outlook was improving as travel restrictions were lifted.

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18-05-2022

ABN Amro shares fall as money-laundering provision boosts costs

(Reuters) -Dutch bank ABN Amro beat first-quarter earnings expectations on Wednesday but higher-than-expected costs, including new anti-money laundering provisions, weighed on the company's shares which dropped around 10%.

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18-05-2022

Indonesia hopes new programme will help lower cooking oil prices

Indonesia's trade minister on Wednesday said he expected prices of cooking oil would stabilise after a programme to distribute subsidised supplies reaches 10,000 locations across the country.

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18-05-2022

Toyota to suspend day shift in one Japanese factory due to water supply

TOKYO (Reuters) -Toyota Motor Corp will suspend vehicle production at one of its factories after a major industrial water leak in central Japan disrupted supply, a company spokesperson said on Wednesday.

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18-05-2022

Toyota to suspend morning shift in one Japanese factory due to water supply

Toyota Motor Corp will suspend vehicle production at one of its factories after a major industrial water leak in central Japan disrupted supply, a company spokesperson said on Wednesday.

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18-05-2022

Suburbs vs downtown: Toronto's mixed housing market may signal coming trend

Toronto home prices are falling, but not everywhere.

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18-05-2022

British pub groups face rising costs from Ukraine war

Two major British pub operators on Wednesday warned that expenses stemming from the Russia-Ukraine war and the cost of living crisis would crimp their profits, suggesting a tough year ahead for an industry still recovering from the pandemic.

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18-05-2022

Two Trump-backed candidates win U.S. election primaries, but two fall short

Republican candidates endorsed by Donald Trump won their party's nominations for governor in Pennsylvania and for the U.S. Senate in North Carolina on Tuesday in the biggest test yet of the former president's influence in his party ahead of November's midterm elections.

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18-05-2022

Analysis-Elon Musk can't easily give Twitter the boot over bots

Elon Musk may find a way to prove his claim that spam accounts on Twitter Inc's platform are significantly higher than the social media company has estimated, but showing that he and investors were misled will be difficult, legal experts say.

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18-05-2022