Business

LATAM CEO sees more airline capacity cuts if fuel shock persists

Sunday, June 7 by SRN News

By Rajesh Kumar Singh and Gabriel Araujo RIO DE JANEIRO, June 7 (Reuters) - LATAM Airlines Chief Executive Roberto Alvo said the airline industry may need to cut capacity further if elevated fuel prices persist into 2027, warning of growing pressure on airlines. "If this extends... Read More.

Kosovo voters return to the polls after parties fail to agree on a new president

Sunday, June 7 by SRN News

PRISTINA, Kosovo (AP) - Voters in Kosovo cast ballots Sunday in an early parliamentary election, the third in less than 18 months, in an attempt to unlock a political impasse in the small Balkan nation, which is striving to join the European Union and... Read More.

Cryptocurrency exchange Bybit to open SpaceX tokenized IPO access

Sunday, June 7 by SRN News

June 7 (Reuters) - Cryptocurrency exchange Bybit said it will offer retail investors access to tokenized initial public offerings (IPOs) at the offering price, starting with SpaceX as its first offering. Here are some details: • Bybit users via Payward's xStocks, a tokenization platform, can... Read More.

Global airlines slash 2026 profit forecast on fuel shock from Iran war

Sunday, June 7 by SRN News

By Gabriel Araujo, Luciana Magalhaes, Rajesh Kumar Singh and Allison Lampert RIO DE JANEIRO, June 7 (Reuters) - The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air... Read More.

Armenians vote in general election under Russian pressure aimed at preventing a drift toward West

Sunday, June 7 by SRN News

YEREVAN, Armenia (AP) - Armenians voted in a parliamentary election on Sunday as the incumbent government, under mounting Russian pressure, sought to loosen ties with Moscow and deepen cooperation with the West. Prime Minister Nikol Pashinyan and his governing Civil Contract party are looking... Read More.

Italy’s ITA Airways weighs lawsuit over Pratt & Whitney engine faults

Sunday, June 7 by SRN News

By Allison Lampert RIO DE JANEIRO, June 7 (Reuters) - Italy's ITA Airways will decide within the next eight weeks whether to sue aerospace supplier RTX's Pratt & Whitney due to engine problems that have grounded almost 20% of its fleet of 80 aircraft, the... Read More.

Swiss firms invest $27 billion in US after tariff deal, NZZ am Sonntag reports

Sunday, June 7 by SRN News

ZURICH, June 7 (Reuters) - Swiss companies invested $27 billion in the United States between January and April, as Switzerland moves to fulfil a pledge to sharply increase investment following a tariff agreement with Washington, NZZ am Sonntag reported. The figure was contained in an... Read More.

Etihad Airways orders widebody planes, sees return to pre-war capacity in June

Sunday, June 7 by SRN News

RIO DE JANEIRO, June 7 (Reuters) - Etihad Airways is ordering more widebody planes as the Middle East carrier expects to be flying about 8% more than a year ago by June 15, CEO Antonoaldo Neves said in an interview. He said on the sidelines... Read More.

OpenAI plans ChatGPT ‘superapp’ overhaul ahead of listing, FT reports

Sunday, June 7 by SRN News

June 7 (Reuters) - OpenAI is planning its biggest ChatGPT overhaul yet, aiming to turn it into a "superapp" with coding tools and AI agents to boost revenue ahead of a planned share listing, the Financial Times reported on Sunday. The changes are part of... Read More.

Hollywood workers rally against Paramount-Skydance deal

Saturday, June 6 by SRN News

By Dawn Chmielewski and Jody Godoy LOS ANGELES, June 6 (Reuters) - As he spoke at a gathering on Saturday to protest Paramount Skydance's proposed acquisition of Warner Bros. Discovery, stand-up comedian Adam Conover framed the ongoing media consolidation as an existential threat to an... Read More.

Current Weather

LATAM CEO sees more airline capacity cuts if fuel shock persists

Kosovo voters return to the polls after parties fail to agree on a new president

Cryptocurrency exchange Bybit to open SpaceX tokenized IPO access

Global airlines slash 2026 profit forecast on fuel shock from Iran war

Armenians vote in general election under Russian pressure aimed at preventing a drift toward West

Italy’s ITA Airways weighs lawsuit over Pratt & Whitney engine faults

Swiss firms invest $27 billion in US after tariff deal, NZZ am Sonntag reports

Etihad Airways orders widebody planes, sees return to pre-war capacity in June

OpenAI plans ChatGPT ‘superapp’ overhaul ahead of listing, FT reports

Hollywood workers rally against Paramount-Skydance deal

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