Munich flights, long-distance trains cancelled due to snow

Munich flights, long-distance trains cancelled due to snow

A person walks past a departures board inside the Munich Airport in Munich, Germany, March 26, 2023. REUTERS/Lukas Barth/File Photo Acquire Licensing Rights Dec 2 (Reuters) – Long-distance trains and hundreds of flights in and out of the German city of Munich were cancelled on Saturday because of heavy snowfall, according to statements by Deutsche … Read more

Seized Galaxy Leader ship in Yemen’s Hodeidah port area -owner

Seized Galaxy Leader ship in Yemen’s Hodeidah port area -owner

LONDON, Nov 20 (Reuters) – The Galaxy Leader commercial ship was “illegally boarded by military personnel via a helicopter” on Nov. 19 and is now in the Hodeidah port area in Yemen, the vessel’s owner said on Monday. “All communications were subsequently lost with the vessel,” Isle of Man registered Galaxy Maritime Ltd, owner of … Read more

Hamburg airport closed as police deal with ‘hostage situation’

Hamburg airport closed as police deal with ‘hostage situation’

An aerial view ahead of the G20 summit shows the Helmut Schmidt Airport in Hamburg, Germany, June 23, 2017. REUTERS/Fabian Bimmer/File Photo Acquire Licensing Rights FRANKFURT, Nov 4 (Reuters) – Hamburg police said on Saturday they were dealing with a hostage situation after a man drove through a barrier onto the grounds of the city’s … Read more

Korean Air to offer to sell Asiana’s cargo business, routes to satisfy EU regulators -sources

Korean Air to offer to sell Asiana’s cargo business, routes to satisfy EU regulators -sources

The logo of Korean Airlines is seen on a B787-9 plane at its aviation shed in Incheon, South Korea, February 27, 2017. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing Rights BRUSSELS, Oct 17 (Reuters) – South Korea’s biggest carrier, Korean Air Lines (003490.KS), will offer to sell Asiana Airlines’ (020560.KS) air cargo business and divest routes to … Read more

US government shutdown: What is it and who would be affected?

US government shutdown: What is it and who would be affected?

Sept 22 (Reuters) – U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed “essential” would remain on the job, but without pay. Many government agencies have not updated shutdown plans they have prepared … Read more

US stocks end sharply lower, Treasury yields spike on hawkish Fed outlook

US stocks end sharply lower, Treasury yields spike on hawkish Fed outlook

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Weekly jobless claims drop 9% FedEx gains on surprise profit beat Broadcom down on report Google to replace co as AI chip supplier NEW YORK, Sept 21 (Reuters) – Wall … Read more

Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival

Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival

[1/2]A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Sept 20 (Reuters) – Marketing automation firm Klaviyo’s (KVYO.N) shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm … Read more

Marketing automation firm Klaviyo’s shares set to jump up to 23%

Marketing automation firm Klaviyo’s shares set to jump up to 23%

Trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 30, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Sept 20 (Reuters) – Shares of Klaviyo (KVYO.N) were set to open up to 23% above their IPO price on Wednesday, giving the marketing automation company a potential valuation of … Read more

Meta is developing a new, more powerful AI system, Wall Street Journal reports

Meta is developing a new, more powerful AI system, Wall Street Journal reports

The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing Rights Sept 10 (Reuters) – Meta Platforms (META.O) is working on a new artificial-intelligence system intended to be as powerful as the most advanced model offered by OpenAI, the Wall Street Journal reported on Sunday, … Read more

Suez Canal ship traffic unaffected after tanker collision

Suez Canal ship traffic unaffected after tanker collision

CAIRO, Aug 23 (Reuters) – Shipping traffic was flowing normally on Egypt’s Suez Canal on Wednesday, two shipping sources based in the country said, after two tankers that collided earlier were separated. The two tankers, the Singapore-flagged liquefied natural gas (LNG) carrier BW Lesmes and the Cayman Islands-flagged oil products tanker Burri, briefly collided in … Read more