Southwest digs in for boardroom battle with Elliott
By Rajesh Kumar Singh and Allison Lampert CHICAGO (Reuters) – Southwest Airlines is girding itself for a fight with Elliott…
2024
Hedge funds sell planes, trains, automobiles; buy energy stocks, says Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds sold industrial stocks at the fastest pace since December, while buying energy…
Israeli economy ekes out 1.2% growth in Q2 as Gaza war rages on
By Steven Scheer JERUSALEM (Reuters) – Israel’s economy grew less than expected in the second quarter of 2024, extending a…
Suggestions Poland helped Nord Stream sabotage are groundless, says presidential aide
WARSAW (Reuters) – Suggestions that Ukrainian authorities supported by Poland were behind planning and executing the sabotage attack on Nord…
With Harris at helm, Democrats meet with new hope and some old worries
By Jarrett Renshaw (Reuters) – In the five weeks since U.S President Joe Biden abandoned his flailing reelection bid, the…
Nearly 68 million suffering from drought in Southern Africa, says regional bloc
By Nyasha Chingono HARARE (Reuters) – About 68 million people in Southern Africa are suffering the effects of an El…
FTC sues Asbury Automotive for charging Black, Latino customers more
By Jody Godoy WASHINGTON (Reuters) -The U.S. Federal Trade Commission sued Asbury Automotive Group on Friday, alleging that three of…
Trump, Harris to vie for Pennsylvania votes with rally, bus tour
By Nathan Layne and Joseph Ax WILKES-BARRE, Pennsylvania (Reuters) – Republican Donald Trump and Democrat Kamala Harris will hold dueling…
Porsche agrees to provide capital in Varta restructuring deal
FRANKFURT (Reuters) – German battery maker Varta said on Saturday it had reached a restructuring agreement with its creditors, bringing…
X to close operations in Brazil ‘effective immediately’
SAO PAULO (Reuters) – Media platform X said on Saturday it would close its operations in Brazil “effective immediately” due…