By Kylie Madry SANTA LUCIA, Mexico (Reuters) – Logistics giant DHL will double its planned investment in Mexico through 2024, executives said on Tuesday, as it shifts cargo flights from the capital’s closest airport to a new, distant facility backed by the country’s president. The company will invest $600 million in Mexico through next year, …
DHL to boost Mexican investment after cargo flights move Read More »
(Reuters) – Linda Kasabian, a follower of Charles Manson who served as a star witness for the prosecution in the famed Manson Family murder trial in 1970, has died at 73, the New York Times reported. The Times, which cited a notice in the Tacoma News Tribune, said the cause of death had not been …
Manson family follower Linda Kasabian, key witness at trial, dies at 73 -NYT Read More »
(Reuters) -The U.S. Air Force plans to buy 26 Boeing Co E-7A airborne early warning and control (AEW&C) planes to replace its ageing fleet of E-3s, the Department of the Air Force said on Tuesday, as it announced a contract worth up to $1.2 billion. The E-7A, introduced in 2009, can track and provide data …
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By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Goldman Sachs Group Inc’s Chief Executive David Solomon told investors on Tuesday the bank is considering “strategic alternatives” for its consumer arm, raising prospects for a potential sale after the business lost billions of dollars. Solomon’s remarks were made at the bank’s second investor day in …
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By Wayne Cole SYDNEY (Reuters) -Australia’s economy grew at its weakest pace in a year last quarter as strength in trade was offset by rising interest rates and high inflation, and all the signs are a further slowdown lies ahead. Indeed, without the sizeable contribution from trade, the economy would actually have contracted in the …
Australia economy slows in Q4 as inflation squeezes consumers Read More »
BEIJING (Reuters) – China’s non-manufacturing activity grew at a faster pace in February, official data showed on Wednesday, suggesting that economic recovery is well underway following the abandonment of COVID curbs in December. The official non-manufacturing purchasing managers’ index (PMI) stood at 56.3 compared with 54.4 in January, according to data from the National Bureau …
China Feb non-manufacturing activity extends growth – official PMI Read More »
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service (USPS) said Tuesday it plans to buy 9,250 Ford E-Transit battery electric vehicles starting later this year and will also purchase an equal number of gasoline-powered models from Chrysler-parent Stellantis. USPS also said it was ordering more than 14,000 charging stations to be deployed at …
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SYDNEY (Reuters) – A measure of Australian consumer prices rose by less than expected in January thanks to a drop in the cost of travel, clothing and fruit and vegetables, a promising sign inflation might be past its peak. Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) …
Australian monthly consumer prices up less than expected in Jan Read More »
By David Shepardson WASHINGTON (Reuters) – President Joe Biden on Tuesday called on U.S. airlines to follow American Airlines in committing to eliminating family seating fees as part of their customer service plans. “No one should have to pay extra to be seated with their kids,” Biden wrote on Twitter. “Time for more airlines to …
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WASHINGTON (Reuters) – Republican U.S. House Speaker Kevin McCarthy said on Tuesday that he would provide defendants in criminal cases from the Jan. 6, 2021 attack on the U.S. Capitol with access to thousands of hours of internal security footage of the melee. McCarthy, who granted Fox News commentator Tucker Carlson exclusive access to the …
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