Analysis-Banks' Snubbing Of Junk-rated Loan Funds Worsens Financing Logjam
A decision by banks to change how they invest spare capital is limiting their ability to extend loans to companies with weak balance sheets during the financial market downturn, fund managers and investors said.
Europe Must Act Now Or Risk Tougher COVID Measures Later - WHO Official
European nations must accelerate vaccine uptake and bring back mask wearing to tackle a surge in COVID-19 cases driven by an Omicron offshoot and avoid stricter measures later in the year, a senior World Health Organization official said on Tuesday.
Explainer-What Is The 'S' In ESG Investing?
The "S" in environmental, social and governance (ESG) investing moved into the spotlight during the COVID-19 pandemic as companies faced concerns about employee wellbeing and bold calls for action on social inequality.
Twitter Gets Fast-tracked Elon Musk Trial Over $44 Billion Deal
Twitter Inc will get an October trial in its legal fight to hold Elon Musk to his $44 billion takeover, after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal's uncertainty.
Twitter, Musk Head To October Trial Over $44 Billion Deal
Twitter Inc's lawsuit to hold Elon Musk to his $44 billion takeover will go to trial in October after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal's uncertainty.
Twitter, Musk Lock Horns In Delaware Court Over Bid For Fast-track Trial
Twitter Inc began making its case on Tuesday for a September trial over its lawsuit seeking to hold Elon Musk to his $44 billion takeover, saying the uncertainty caused by Musk's attempt to walk away was harming the company.
Kansas To Vote On Abortion Rights In First Statewide Test After Roe's Demise
A fight over abortion access in Middle America is roiling the hills and plains of Kansas, where voters will decide whether the state's constitution should go on protecting the right to terminate a pregnancy.
Luxury Shoemaker Manolo Blahnik Wins 22-year Trademark Battle In China
Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama "Sex and the City", said on Tuesday it has won a legal battle in China to use its own name, paving the way for the brand's expansion across the country.
Bank Data Shows U.S. Consumer Financial Health Holds Up Amid Rising Inflation
Americans' financial health held up well in the second quarter even as inflation sent gas and grocery bills higher and ate into savings for the first time since the pandemic, U.S.
Race To Lead UK Heats Up, Ex-finance Minister Sunak's Lead Narrows
British former finance minister Rishi Sunak held on to his lead on Tuesday among Conservative lawmakers in the race to replace Boris Johnson as prime minister, but his two remaining rivals were closing the gap, leaving the race wide open.
Race To Replace UK's Boris Johnson Heats Up As End In Sight
The race to replace ousted British Prime Minister Boris Johnson heated up on Tuesday, with four contenders offering more policies to try to climb to the top two in a leadership contest that is splitting the governing Conservative Party.
France Battles Huge Wildfires, Britain Bakes In Record Heatwave
Firefighters in southwestern France battled on Tuesday to contain massive forest wildfires and Britain recorded its highest ever temperature, while Portugal reported more than 1,000 heatwave-related deaths as Europe scorches.
France Battles Massive Wildfires, Britain Breaks Temperature Record
Firefighters in southwestern France battled on Tuesday to contain massive forest wildfires and Britain recorded its highest ever temperature, buckling train tracks and igniting grass fires in tinder dry conditions around London.
France Battles Massive Wildfires, Britain Records Highest Ever Temperature
Firefighters in southwestern France battled on Tuesday to contain massive forest wildfires and Britain recorded its highest ever temperature as a heatwave rising from the south settled over western Europe.
Record Temperatures Scorch Europe, As Wildfires Rage Across South
Britain was forecast to see temperatures hit 40C (104F) for the first time on Tuesday after logging its warmest night on record, while wildfires raged across parched countryside in France, Spain and elsewhere.
Hungary Approves 2023 Budget And Deficit Cuts After Pre-poll Spending Spree
Hungary's parliament on Tuesday approved the 2023 budget, which sets out to reduce the budget deficit next year to 3.5% of economic output from a targeted 4.9% this year as the government tries to put finances back on a sustainable track.
Southeast Asian Fast Food Operator QSR Again Delays Up To $500 Million IPO -sources
QSR Brands, the Malaysian operator of KFC and Pizza Hut restaurants in Southeast Asia, has again delayed its domestic IPO of up to $500 million on worries that poor macroeconomic conditions could hurt its valuation, four sources told Reuters.
Delta Air Lines To Buy 12 A220 Aircraft From Airbus
Delta Air Lines will buy 12 new A220-300 aircraft from European planemaker Airbus, the U.S. carrier said on Tuesday.
SAS Lands Deal With Pilots' Unions, Ending 15-day Strike
SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt.
SAS Reaches Deal With Pilots' Unions, Ending 15-day Strike
SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt.
SAS Confirms Deal Reached With Pilots' Unions, Ending 15-day Strike
SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt.
Britain Swelters On Its Hottest Day Ever As Temperatures Hit 40C
Britain recorded its hottest day ever on Tuesday, with the temperature exceeding 40C (104F) as a heatwave gripping Europe intensified, forcing train tracks to buckle and fuelling a spate of fires across London.
London's Burning: Fire Engulfs Homes As UK Temperatures Hit Record 40C
Britain recorded its highest ever temperature of 40C (104F) on Tuesday as a heatwave gripping Europe intensified, forcing train tracks to buckle and fuelling a spate of fires across London.
Fire Engulfs Homes Near London As Temperatures Hit Record 40C
Britain recorded its highest ever temperature of 40C (104F) on Tuesday as a heatwave gripping Europe intensified, forcing train tracks to buckle and fuelling a spate of fires across London.
Britain Boils In Record Temperature Of 40C
Britain recorded its highest ever temperature of 40C (104F) on Tuesday as a heatwave gripping Europe intensified, scorching fields, damaging runways and forcing train tracks to buckle under the pressure.
Heatwave! Britain Boils In Record Temperature Of 40C
Britain recorded its highest ever temperature of 40C (104F) on Tuesday as a heatwave gripping Europe intensified, scorching fields and damaging airport runways and train tracks.
Britain Records Highest Ever Temperature Of 40C As Heatwave Intensifies
Britain recorded its highest ever temperature of 40C (104F) on Tuesday as a heatwave gripping Europe intensified, scorching fields and damaging airport runways and train tracks.
Britain Records Highest Ever Temperature As Heatwave Intensifies
Britain recorded its highest ever temperature of 39.1C (102.4F) on Tuesday, according to provisional data from the Met Office, which forecast even hotter weather to come from a heatwave that has already damaged airport runways and rail tracks.
After Warmest Night, Britain Braces For Record Heat
Britain was bracing for temperatures to hit 40 Celsius (104F) for the first time on Tuesday after enduring its warmest night on record in a heatwave that damaged some infrastructure and turned the spotlight on political pledges to tackle climate change.
After Warmest Night, Britain Braces For Record Temperature
Britain was bracing for temperatures to hit 40C for the first time on Tuesday after it recorded its warmest night on record, forcing train services to stop, some schools to close and zoos to feed animals with large ice lollies.