Airline SAS files for U.S. bankruptcy protection as strike grounds flights

Airline files for Chapter 11 in the United States Filing comes after pilot strike began on Monday Strike grounding roughly half of airline’s flights STOCKHOLM, July 5 (Reuters) – Scandinavian airline SAS (SAS.ST) has filed for bankruptcy protection in the United States to help cut debt, it said on Tuesday, warning strike action by pilots … Read more

Norwegian oil and gas workers start strike, cutting output

OSLO, July 5 (Reuters) – Norwegian offshore workers began a strike on Tuesday that will reduce oil and gas output, the union leading the industrial action told Reuters. The strike, in which workers are demanding wage hikes to compensate for rising inflation, comes amid high oil and gas prices, with supplies of natural gas to … Read more

After losing Luhansk, Ukraine forces regather for defence of Donetsk

City of Lysychansk doesn’t exist anymore-resident Russia’s Putin claims biggest victory in near 5 month war Battle for Donetsk next Ukraine hopes for southern counter attack KYIV, July 5 (Reuters) – Russian forces set their sights on their next objectives in Ukraine’s eastern Donetsk province, after President Vladimir Putin claimed victory in neighboring Luhansk province … Read more

Ukraine withdraws from battered Lysychansk city; Russia claims major victory

City was last Ukrainian stronghold in Luhansk region Russia says has “liberated” Luhansk region Zelenskiy vows to regain control with long-range weapons Blasts hit Russia’s Belgorod, southern Ukraine base-officials KYIV, July 4 (Reuters) – Ukraine’s forces have withdrawn from the bombed-out city of Lysychansk, prompting Russia to claim full control of the eastern Luhansk region, … Read more

Bezos slams Biden’s call for gasoline stations to cut prices

Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis/Pool via REUTERS Register now for FREE unlimited access to Register July 3 (Reuters) – Inc (AMZN.O) founder Jeff Bezos renewed his spat with the White House over the weekend, as the world’s … Read more

Ukraine says Russian ship carrying Ukrainian grain detained by Turkey

KARASU/KYIV, July 3 (Reuters) – Turkish customs authorities have detained a Russian cargo ship carrying grain which Ukraine says is stolen, Ukraine’s ambassador to Turkey said on Sunday. Ukraine had previously asked Turkey to detain the Russian-flagged Zhibek Zholy cargo ship, according to an official and documents viewed by Reuters. read more Reuters reporters saw … Read more

Chinese property developer Shimao misses repayment on $1 billion bond

HONG KONG, July 3 (Reuters) – Chinese property developer Shimao Group (0813.HK) has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to China’s embattled property market. The non-repayment was the first missed public offshore payment for the Shanghai-based developer. With an outstanding $6.1 billion … Read more

Israel says it will test bullet that killed reporter, Palestinians disagree

A Palestinian woman takes pictures at the scene where Al Jazeera reporter Shireen Abu Akleh was shot dead during an Israeli raid, in Jenin, in the Israeli-occupied West Bank, May 17, 2022. REUTERS/Raneen Sawafta Register now for FREE unlimited access to Register JERUSALEM/RAMALLAH, West Bank, July 3 (Reuters) – Israel said on Sunday it … Read more

Argentina economy minister, IMF deal architect, quits as government crisis builds

Argentina’s Economy Minister Martin Guzman poses for a picture before an interview with Reuters at the Economy Ministry, in Buenos Aires, Argentina December 10, 2020. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Register BUENOS AIRES, July 2 (Reuters) – Argentina’s economy minister Martin Guzman, the architect of a recent major debt deal … Read more

Blasts kill three in Russian city near Ukraine border

Separatists say Lysychansk ‘under control’ but not liberated Ukrainians say big battles, but Lysychansk not surrounded Blasts hit Russia’s Belgorod, three injured – governor KYIV/KONSTYANTYNIVKA, Ukraine, July 3 (Reuters) – At least three people were killed and dozens of homes damaged in the Russian city of Belgorod near the Ukraine border, the regional governor said … Read more