Air Canada sees business travel rebound as early as Sept., executive says

Air Canada sees business travel rebound as early as Sept., executive says

Air Canada plans are parked at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. REUTERS / Carlos Osorio Register now for FREE unlimited access to Reuters.com Register MONTREAL, May 18 (Reuters) – Air Canada (AC.TO) sees higher-margin business travel coming “quite close” to pre-pandemic levels by as early as September, in the latest … Read more

Caterpillar eyes energy transition as growth driver for mining business

Caterpillar eyes energy transition as growth driver for mining business

People visit heavy machinery of Caterpillar at Bauma China, the International Trade Fair for Construction Machinery in Shanghai, China November 27, 2018. REUTERS / Aly Song / Files Register now for FREE unlimited access to Reuters.com Register DALLAS, May 17 (Reuters) – Construction equipment maker Caterpillar Inc (CAT.N) believes demand for critical minerals as the … Read more

Tesla cars, Bluetooth locks, vulnerable to hackers, researchers say

Tesla cars, Bluetooth locks, vulnerable to hackers, researchers say

LONDON, May 17 (Reuters) – Millions of digital locks worldwide, including on Tesla (TSLA.O) cars, can be remotely unlocked by hackers exploiting a vulnerability in Bluetooth technology, a cybersecurity firm said on Tuesday. In a video shared with Reuters, NCC Group researcher Sultan Qasim Khan was able to open and then drive a Tesla using … Read more

Asia markets gain despite global growth worries

Asia markets gain despite global growth worries

Blank prices are displayed in the stock quotation boards at the Tokyo Stock Exchange (TSE) after the TSE temporarily suspended all trading due to system problems in Tokyo, Japan October 1, 2020. REUTERS / Issei Kato / Files Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 17 (Reuters) – Asian shares … Read more

Stock markets struggle as fears over economy grow

Stock markets struggle as fears over economy grow

LONDON, May 16 (Reuters) – European stocks slipped on Monday and Wall Street was set for a lower open, as investor sentiment struggled to recover from last week’s sell off amid fears of a slowdown in economic growth. Global shares hit their lowest point in 18 months last week, with investors worried that rising interest … Read more

REE Automotive to build commercial EV plant in UK’s Coventry

REE Automotive to build commercial EV plant in UK’s Coventry

Prototypes of a rolling chassis for electric vehicles developed by Israel’s REE Automotive, is seen during a test drive in Beersheba, southern Israel September 17, 2020. REUTERS / Amir Cohen Register now for FREE unlimited access to Reuters.com Register LONDON, May 16 (Reuters) – REE Automotive (REE.O), which develops rolling chassis for commercial electric vehicles … Read more

China April property sales post steepest drop since 2010

China April property sales post steepest drop since 2010

An uncompleted building is seen next to the Fourth Ring Road in Beijing, China July 16, 2018. REUTERS / Jason Lee / Files Register now for FREE unlimited access to Reuters.com Register April property investment -10.1% y / y vs -2.4% in March Sales by value -46.6% y / y vs -26.17% y / y … Read more

Shanghai aims to reopen more businesses shut by COVID, Beijing battles on

Shanghai aims to reopen more businesses shut by COVID, Beijing battles on

Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI / BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks … Read more

Sage says small business customers remain ‘resilient’

Sage says small business customers remain ‘resilient’

H1 recurring revenue rises 8%, on track for year H1 operating profit meets expectations with 4% rise Says small business customers remain confident LONDON, May 13 (Reuters) – British software company Sage (SGE.L) said momentum in its cloud business would keep organic recurring revenue motoring in the second half as its customers turn to its … Read more

Tether cuts holdings of commercial paper, says majority of exposure in Treasuries -CTO

Tether cuts holdings of commercial paper, says majority of exposure in Treasuries -CTO

Smartphone with Tether logo is placed on displayed US dollars in this illustration taken, May 12, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register LONDON / NEW YORK, May 12 (Reuters) – Tether, the third largest cryptocurrency in terms of market capitalization, said the majority of its … Read more