David Barret

September 17, 2021 (Corrects to add phrase “to restructure” in first paragraph) PARIS (Reuters) – Malaysia’s AirAsia has reached a deal with Airbus to restructure a large outstanding order for A320-family passenger jets, industry sources said on Friday. Asia’s largest low-cost airline group is one of the European planemaker’s biggest customers but deliveries and progress […]

September 17, 2021 By Carolyn Cohn NEW YORK (Reuters) – World shares fell on Friday, pressured by concerns over China’s markets, the potential for a U.S. corporate tax hike and an update on the U.S. Federal Reserve’s tapering strategy next week. The U.S. 10-year treasury note yield rose to touch a two-month high in early […]

September 17, 2021 By Lewis Krauskopf NEW YORK (Reuters) – Debate over the need for COVID-19 booster shots is clouding the outlook for Moderna Inc’s high-flying shares after the U.S. biotechnology company’s stock price soared as much as 360% this year, making it the best performer in the S&P 500. Investors on Friday were awaiting […]

September 17, 2021 By Anna Irrera and Iain Withers LONDON (Reuters) – Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon to IKEA and Walmart are cutting out the traditional financial middleman and plugging in software from tech startups to offer customers everything from banking […]

Companies typically have to settle on strategies that align with their customers, employees, investors, and regulators. The more they know about how the other side will decide, the clearer their own strategies become. If regulators always prefer choice for consumers, then it is easy for a platform to allow multiple payment choices: Shopify allows multiple […]

September 17, 2021 By Anthony Boadle BRASILIA (Reuters) – The only two known male members of the Piripkura tribe in Brazil live in isolation on ancestral lands the size of Luxembourg in the Amazon rainforest, resisting decades of invasion by loggers and cattle ranchers. Brazil’s indigenous affairs agency Funai renewed a protection order on Friday […]

September 17, 2021 LONDON (Reuters) – U.S. Open champion Emma Raducanu on Friday said that re-watching her stunning victory in this month’s final felt like watching someone else, adding that her achievement had started to sink in but it was still difficult to fully comprehend. The 18-year-old Briton took the tennis world by storm when […]

September 17, 2021 By Jamie Freed (Reuters) – Regulators in Asian hubs like Singapore and Hong Kong have threatened to retaliate against European Union plans to force airlines to start using take-off and landing slots frozen during the coronavirus pandemic, a move that could oblige Europe’s carriers to fly empty seats for thousands of miles […]

September 17, 2021 By Yew Lun Tian LUOYANG, China (Reuters) – A steady stream of anxious apartment buyers flowed into the sales office of the Evergrande Oasis complex outside the city of Luoyang this week, seeking answers after construction was halted by the giant developer’s severe cash crunch. Work on the five-tower condominium and 16 […]

September 17, 2021 LONDON (Reuters) – Four non-fungible token (NFT) artworks inspired by late Queen frontman Freddie Mercury are being auctioned off for charity to mark what would have been his 75th birthday. Three show the singer while the fourth is a dreamlike depiction of a white grand piano with a crown on its stool, […]

In May 2020, WarnerMedia launched HBO Max into a crowded streaming landscape. In spite of early struggles, the timing couldn’t have been better. When the world was stuck at home, struggling to find new sources of entertainment amid a global pandemic, HBO’s latest attempt at an app-based platform rose in the ranks alongside fellow newly […]

September 17, 2021 SIENA, Italy (Reuters) – Europe should temporarily suspend its tariffs on imported steel to head off shortages and avoid harmful effects on industry, Italian Industry Minister Giancarlo Giorgetti said on Friday. Asked if Rome planned to intervene in the 25% tariff scheme, Giorgetti said that Europe had prioritised the interests of the […]

September 17, 2021 WASHINGTON (Reuters) – The White House warned on Friday that a failure by the U.S. Congress to extend the debt limit could plunge the economy into a recession and could lead to cuts in critical state services. The government faces an October deadline on the debt limit, after which it may not […]

September 17, 2021 By Gertrude Chavez-Dreyfuss and Tommy Wilkes NEW YORK/LONDON (Reuters) -The dollar climbed to three-week peaks on Friday, still benefiting from better-than-expected U.S. retail sales data released on Thursday that backed expectations for a reduction of asset purchases by the Federal Reserve before the end of the year. The dollar index, a gauge […]

Back in June, Hyundai completed a deal for controlling interest in Boston Dynamics. The Korean automotive giant no doubt has some grand plans for integrating the Massachusetts-based firm’s technology into a lot of their forward-looking concept mobility vehicles – for now, however, it’s more about putting existing robots to work. Hyundai today announced the arrival […]

September 17, 2021 (Reuters) – U.S. consumer sentiment steadied in early September after plunging the month before to its lowest level in nearly a decade, but consumers continue to have a bleak view of the outlook amid a stiff bout of inflation, a survey showed on Friday. The University of Michigan said its consumer sentiment […]

September 17, 2021 By Julia Love and Moira Warburton (Reuters) – The Teamsters workers’ union has launched campaigns to organize employees in at least nine Canadian facilities of U.S. e-commerce company Amazon.com, according to Reuters interviews with union officials. The influential union took the first step earlier this week to organize employees at one of […]

September 17, 2021 By Marie-Louise Gumuchian LONDON (Reuters) – A hybrid London Fashion Week kicked off on Friday, with a mix of digital presentations and the event’s first in-person shows in a year. International press and buyers were back watching the catwalk presentations, including an early display from menswear designer and choreographer Saul Nash. “It […]

Instacart‘s chief financial officer Sagar Sanghvi has departed from the on-demand grocery delivery company after nearly six years and is returning to his investing roots. Specifically, Sanghvi has joined Accel as a partner focused on global growth-stage consumer and enterprise investments. Prior to becoming CFO of Instacart, Sanghvi served as the company’s vice president of […]

September 17, 2021 (Reuters) – Afghan schools will open for boys from Saturday, the new Taliban ministry of education said in a statement that gave no indication of when girls might be able to go back to their classes. More than a month after the movement seized the capital Kabul, most educational institutions have remained […]