By Ann Saphir and Howard Schneider (Reuters) -Federal Reserve policymakers on Thursday expressed relief that inflation continued easing in December, paving the way for a possible step down to a quarter point interest rate increase when the U.S. central bank meets in just under three weeks. U.S. consumer prices fell in December in the first …
Fed policymakers signal rate-hike slowdown coming, but no easing Read More »
By Yuka Obayashi and Miho Uranaka TOKYO (Reuters) -Inpex Corp, Japan’s biggest oil and natural gas explorer, aims to accelerate its expansion of production and sales of liquefied natural gas (LNG) on the premise that LNG market will remain tight in the mid-term, its CEO said on Thursday. “Global LNG market is expected to remain …
Inpex to accelerate expansion of LNG production and sales -CEO Read More »
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -A computer outage that grounded flights nationally on Wednesday and disrupted more than 11,000 flights was caused by a procedural error related to a data file, the Federal Aviation Administration said on Thursday as U.S. airline operations returned to normal. The FAA said its preliminary analysis …
FAA links computer outage to procedural error as U.S. flights return to normal Read More »
WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said its preliminary analysis of a computer system outage on Wednesday that led to a 90-minute nationwide ground stop and disrupted more than 11,000 flights was prompted by a procedural failure. “The agency determined that a data file was damaged by personnel who failed to follow procedures. …
U.S. FAA says initial review shows outage sparked by procedural failure Read More »
(This Jan. 11 story has been refiled to fix typo in analyst’s organisation name in paragraph four) By Ashitha Shivaprasad (Reuters) – Gold prices scaled an eight-month peak on Wednesday, underpinned by a subdued dollar, although they traded in a tight range as traders positioned themselves for inflation data that could influence the U.S. Federal …
Gold climbs 8-month high ahead of U.S. inflation test Read More »
By Scott Murdoch SYDNEY (Reuters) – Hong Kong investment firm Oasis Capital Management has filed a legal claim in New York against Chinese property developer Kaisa Group Holdings to recoup $102.3 million in missed payment and interest from four bonds, a U.S. court filing shows. The documents were lodged on Thursday and showed Oasis was …
China property developer Kaisa faces $102 million in legal claims on bonds – filing Read More »
WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the Bank of Japan was conducting an appropriate review of its monetary policy stance, but should keep policy accommodative because the country faces low inflationary pressures. Georgieva told reporters that an adjustment to the central bank’s debt yield curve control regime was not …
IMF’s Georgieva says Japan not facing increased inflationary pressures Read More »
By Sarah Mills LONDON (Reuters) – Nominations for this year’s BRIT Awards are out and it is Harry Styles and Wet Leg leading the way with four nods each. Announced via an online stream on Thursday, global pop star Styles and rock duo Wet Leg are both up for the coveted album of the year …
By Hernan Nessi and Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s annual inflation hit its highest rate in more than 30 years last month as prices almost doubled versus a year ago, official data released on Thursday showed, further eroding consumers’ dwindling purchasing power. In December, consumer prices jumped 5.1% month-on-month, according to national statistics agency …
Argentina’s inflation rate at 95%, highest since 1991 Read More »
By Jonathan Stempel (Reuters) -Shareholders filed a lawsuit against Southwest Airlines Co on Thursday, accusing the carrier of fraudulently concealing problems that led last month to an operational meltdown and more than 15,000 flight cancellations. According to the proposed class action filed in federal court in Houston, Southwest publicly downplayed or failed to disclose serious …
Shareholders sue Southwest Airlines over flight meltdown Read More »
