LONDON (Reuters) – The euro rose to a ten-day high on Wednesday after hawkish comments from the European Central Bank, adding upward pressure to bond yields and sinking some stocks as worries over Italy also weighed.
SYDNEY/BANGKOK/MONTREAL (Reuters) – A growing shortage of airline pilots is putting the industry’s recent growth at risk as planes sit idle, higher salaries cut into profits and unions across the globe push for more benefits.
(Reuters) – Ride-hailing company Uber said on Wednesday it would launch electric bicycle sharing service JUMP Bikes, which it bought last month, in Europe as it seeks to expand into other transportation modes and make peace with local authorities.
The beginning of the end for the first California judge recalled since 1932 began almost exactly two years ago, when Santa Clara County Judge Aaron Persky sentenced a former Stanford swimmer convicted of sexual assault to six months in jail instead of a long prison term. “You took away my worth, my privacy, my energy, my time, my intimacy, my confidence, my own voice, until today,” she said in a statement read in court before the June 2016 sentencing of Brock Turner. On Tuesday, Santa Clara County voters agreed and recalled the judge from office after his nearly …read more […]
OSLO (Reuters) – Norway’s $1 trillion wealth fund said on Wednesday it had backed an initiative to wrest the role of chairman away from Tesla Chief Executive Elon Musk.
TOKYO (Reuters) – Japan’s top government spokesman said on Wednesday that the Group of Seven leaders were likely to discuss the global economy and concerns about U.S. trade policy.
SYDNEY (Reuters) – Latvia-based AirBaltic hastened a deal for Bombardier CSeries planes before Airbus formally takes over the Canadian planemaker because it was worried about securing the right delivery slots, the carrier’s chief executive said on Wednesday.
Northern California voters have recalled a judge from office after he sentenced a former Stanford University swimmer convicted of sexual assault to a short jail sentence instead of prison. Democrats are looking to maintain control over the Albuquerque-based seat in November. …read more […]
TOKYO (Reuters) – Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs.
TAIPEI (Reuters) – Foxconn, the Taiwanese contract manufacturer that rose to global prominence as the manufacturer of the Apple iPhone, is trying to reinvent itself as smartphone sales plateau and Apple Inc diversifies its supplier base.
SYDNEY (Reuters) – An explosion of e-commerce demand is buoying the air freight business, boosting profit at some major airlines despite global trade tensions and underscoring robust consumer confidence.
(Reuters) – An acute shortage of affordable homes in the United States will continue over the coming year, according to a majority of property market analysts polled by Reuters, driving prices up faster than inflation and wage growth.
TOKYO (Reuters) – Honda Motor Co on Wednesday said it would start selling its six-seater business jet in Japan next year, as it seeks to expand global sales by tapping into demand from a growing class of high net-worth individuals.
SAN FRANCISCO/NEW YORK (Reuters) – Volatility could well be in the cards for Wall Street again early this fall, but not for the same reason stocks got rattled in February.
SINGAPORE/TOKYO (Reuters) – Global oil prices rose during Asian trade on Wednesday after Venezuela raised the prospect of halting some crude exports, according to people familiar with the matter, but gains were capped amid reports the U.S. government had asked Saudi Arabia and some other OPEC producers to increase output.
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