Town Hall News

(Reuters) -North American pilots are pushing for better pay and working conditions during their talks over new employment contracts with company managements. Members at some unions have voted to authorize a strike if a new contract isn’t reached. The aggressive posture comes at a time of pilot shortages and a rise in public support for unions. The following is the status of contract negotiations at various companies: AMERICAN AIRLINES GROUP […]

(Reuters) -North American pilots are pushing for better pay and working conditions during their talks over new employment contracts with company managements. Members at some unions have voted to authorize a strike if a new contract isn’t reached. The aggressive posture comes at a time of pilot shortages and a rise in public support for unions. The following is the status of contract negotiations at various companies: AMERICAN AIRLINES GROUP […]

By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) – The U.S. dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation is cooling quicker than expected and China’s recovery is sputtering. The euro was last down 0.67% at $1.066, the lowest since March 20. That helped the dollar index, which measures the greenback against six major peers, climb 0.51% to 104.6, its highest since […]

By Amanda Cooper LONDON (Reuters) – Global shares fell on Wednesday ahead of a crucial vote in Washington on the U.S. debt ceiling, while commodities and the Chinese yuan came under pressure after data highlighted faltering growth in the world’s second-largest economy. The MSCI All-World Index of global shares, which is heading for its first monthly decline since February, was down 0.4% in mid-morning trade in Europe, largely due to […]

HUELVA, Spain (Reuters) – Spanish startup PLD Space called off the test launch of its first suborbital reusable rocket scheduled for Wednesday morning, citing strong high-altitude winds. The company said it intended to try again in the coming days. PLD Space’s test is set to be its first step in the race to put small satellites into space and capture a slice of a potential trillion-dollar market. The launch from […]

DUBAI (Reuters) – The UAE Central Bank has issued new anti-money laundering and counter-terrorism financing guidance for financial institutions when dealing with virtual assets, such as cryptocurrencies and non-fungible tokens, it said on Wednesday. The new guidance discusses the risks arising from dealing with virtual assets and virtual asset service providers, including on due diligence for licensed financial institutions when dealing with these customers and counterparties, the statement said. The […]

BEIRUT (Reuters) – Five members of the Popular Front for the Liberation of Palestine militant group were killed in an overnight explosion in Lebanon, near the border with neighbouring Syria, two Lebanese security sources and one Palestinian security source told Reuters on Wednesday. The Israeli military told Reuters it does not comment on reports in foreign media. A correspondent for Israel’s army radio, citing Israeli officials, said “there was no […]

By Josh Smith and Sakura Murakami SEOUL/TOKYO (Reuters) – North Korea is unlikely to be deterred from its quest to place cargoes in space, analysts said, even though a malfunction sent a new launch vehicle and the country’s first spy satellite crashing into the ocean on Wednesday. The secretive country considers its space and military rocket programmes a sovereign right, and analysts say spy satellites are crucial to improving the […]

By Josh Smith and Sakura Murakami SEOUL/TOKYO (Reuters) – North Korea is unlikely to be deterred from its quest to place cargoes in space, analysts said, even though a malfunction sent a new launch vehicle and the country’s first spy satellite crashing into the ocean on Wednesday. The secretive country considers its space and military rocket programmes a sovereign right, and analysts say spy satellites are crucial to improving the […]