MOSCOW (Reuters) – A Rossiya Airlines Boeing 777 cargo plane made an emergency landing at Moscow’s Sheremetyevo airport on Friday due to a problem with an engine control sensor, the airline said. The plane was a 15-year-old...
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Biden weighs path forward for $15 minimum wage after Senate roadblock
WASHINGTON (Reuters) – President Joe Biden is still committed to raising the U.S. minimum wage to $15 after a key Senate referee ruled the provision could not be included in the COVID-19 relief bill, a top White House economic...
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Analysis: Global bond rout turns up the heat on central banks
By Swati Pandey and Tom Westbrook SYDNEY/SINGAPORE (Reuters) – Central banks in Asia struggled to smother a selloff in global bonds on Friday, piling pressure on their bigger peers to do more, as spooked investors sold assets to...
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Exclusive: China’s Huawei, reeling from U.S. sanctions, plans foray into EVs – sources
By Julie Zhu and Yilei Sun HONG KONG/BEIJING (Reuters) – China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest...
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Facebook switches news back on in Australia, signs content deals
By Renju Jose and Jonathan Barrett SYDNEY (Reuters) – Facebook Inc ended a one-week blackout of Australian news on its popular social media site on Friday and announced preliminary commercial agreements with three small local...
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Analysis: Hyundai bought chips when rivals didn’t; its assembly lines are still rolling
By Joyce Lee SEOUL (Reuters) – Hyundai Motor has so far avoided a chip shortage that has plagued global automakers, largely maintaining its stockpile of chips last year and even accelerating purchases towards the end, three people...
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