Business

Air New Zealand plans for elevated fuel costs into 2027

Saturday, June 6 by SRN News

By Rajesh Kumar Singh RIO DE JANEIRO, June 6 (Reuters) - Air New Zealand has offset only 25% to 40% of the hit from higher fuel prices through hedging and fare increases, Chief Executive Nikhil Ravishankar told Reuters on Saturday, as the carrier plans for... Read More.

America In Focus: US job market is rebounding, but economic frustration persists

Saturday, June 6 by SRN News

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and rising costs are impacting the decisions... Read More.

Brazilian airline Azul plans further frequency cuts as fuel shock bites

Saturday, June 6 by SRN News

By Gabriel Araujo RIO DE JANEIRO, June 6 (Reuters) - Brazilian airline Azul is stepping up capacity cuts amid higher jet fuel prices linked to the Iran war, and the carrier will continue to trim flying to protect cash in an uncertain environment, CEO John... Read More.

Russia’s Sechin says U.S. companies benefit from the closure of the Strait of Hormuz

Saturday, June 6 by SRN News

By Vladimir Soldatkin and Olesya Astakhova ST. PETERSBURG, Russia, June 6 (Reuters) - Rosneft Chief Executive Igor Sechin said on Saturday that U.S. energy companies were the main beneficiaries of the closure of the Strait of Hormuz and that Washington was trying to change the... Read More.

Musk’s SpaceX IPO jolts life back into European retail investing

Saturday, June 6 by SRN News

(Removes word European from third bullet point) By Lucy Raitano, Iain Withers and Elizabeth Howcroft LONDON, June 6 (Reuters) - European retail investors are among those jockeying for a piece of the hotly anticipated SpaceX initial public offering, but some observers warn the deal could prove... Read More.

China urges fund managers to support innovation, warns against concept hype

Saturday, June 6 by SRN News

SHANGHAI, June 6 (Reuters) - China's top securities regulator on Saturday urged the country's $13 trillion fund industry to support domestic innovation, but warned against excessive speculation and concept hype. Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), told a conference that fund... Read More.

Airline chiefs grapple with fuel shock, fare test at Rio summit

Saturday, June 6 by SRN News

By Rajesh Kumar Singh and Allison Lampert RIO DE JANEIRO, June 6 (Reuters) - Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and... Read More.

China can build humanoids at scale. The hard part is finding enough buyers

Saturday, June 6 by SRN News

HONG KONG (AP) - Chinese-made humanoid robots are making waves with their ability to do backflips, direct traffic, and even make coffee as the companies developing them seek ways to expand and dominate the market. Robot makers in China say they have thousands of orders... Read More.

Remaining three ’60 Minutes’ stars say they’re staying at CBS show, don’t want to see it die

Friday, June 5 by SRN News

NEW YORK (AP) - Saying "We don't want to see '60 Minutes' die," the three remaining correspondents at the turmoil-plagued CBS News show have decided to stay - for now. A memo from Lesley Stahl, Jon Wertheim and Bill Whitaker to fellow staffers at the... Read More.

Boeing studying boost of 737 MAX plane production to highest-ever rate

Friday, June 5 by SRN News

By Dan Catchpole SEATTLE, June 5 (Reuters) - As Boeing increases production of its best-selling 737 MAX from 42 to 47 jets a month, the U.S. planemaker is looking at how it can climb to 70 a month, its highest ever, CEO Kelly Ortberg told... Read More.

Current Weather

Air New Zealand plans for elevated fuel costs into 2027

America In Focus: US job market is rebounding, but economic frustration persists

Brazilian airline Azul plans further frequency cuts as fuel shock bites

Russia’s Sechin says U.S. companies benefit from the closure of the Strait of Hormuz

Musk’s SpaceX IPO jolts life back into European retail investing

China urges fund managers to support innovation, warns against concept hype

Airline chiefs grapple with fuel shock, fare test at Rio summit

China can build humanoids at scale. The hard part is finding enough buyers

Remaining three ’60 Minutes’ stars say they’re staying at CBS show, don’t want to see it die

Boeing studying boost of 737 MAX plane production to highest-ever rate

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