TOKYO (NYTIMES) – It took six days to prise free a giant container ship that ran aground and clogged the Suez Canal, one of the world’s most crucial shipping arteries. It could take years to sort out who will pay for the mess. Cargo companies, insurers, government authorities and a phalanx of lawyers, all with […]
Google staff have been told to come back to the office after the pandemic ends in a sign that major employers are losing faith in remote working. The company has asked workers in the United States to consider returning voluntarily within weeks. Its 4,400 staff in London will be expected to do the same, depending […]
Opinion: Not many get to travel to another universe … but I have. A month ago, my family and I boarded a rocket ship in England and flew through time and space to reach a new planet called New Zealand. You may think England and NZ are part of the same World, but NZ feels […]
By Neal E. Boudette General Motors reported a modest rise in car sales in North America for the first quarter, but its operations continue to be hampered by a shortage of computer chips. The automaker said on Thursday that it sold 642,250 cars and light trucks in the first three months of the year, up […]
NEW YORK (Reuters) – Global equity markets surged on Thursday, with U.S. and European benchmark indexes hitting record highs, as the strongest manufacturing data around the world in decades and a drop in bond yields drove investor optimism.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, […]
(Reuters) – J.C. Penney Co Inc said on Thursday it has agreed to transfer its pension obligations to annuities provider Athene Holding Ltd, ensuring that the U.S. department store chain’s retired employees will continue to get their benefits.FILE PHOTO: A JC Penney store is shown in Oceanside, California, U.S., July 31, 2019. REUTERS/Mike BlakeJ.C. Penney, […]
FILE PHOTO: Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew KellyWASHINGTON (Reuters) – The Commodity Futures Trading Commission (CFTC), the top U.S. swaps regulator, should reverse its loosening of oversight of family offices, a Democratic commissioner said on Thursday in response to the […]
NEW YORK (Reuters) – The first quarter of 2021 kept investors on their toes as it served up surging yields, an accelerated rotation into cyclical stocks and wild rides in the shares of GameStop that brought the retail investors of WallStreetBets into the public eye.FILE PHOTO: The Wall St. sign is seen near the New […]
(Reuters) – The ECB’s massive bond-buying programme has fuelled a bonanza in euro zone sovereign debt, with some investors vastly overstating their orders at debt sales in a bid to secure the coveted paper. But now some governments are starting to say, enough is enough.FILE PHOTO: The euro sign is photographed in front of the […]
(Reuters) – The ECB’s massive bond-buying programme has fuelled a bonanza in euro zone sovereign debt, with some investors vastly overstating their orders at debt sales in a bid to secure the coveted paper. But now some governments are starting to say, enough is enough.FILE PHOTO: The euro sign is photographed in front of the […]