US weekly jobless claims fall to nine-month low; productivity speeds up

US weekly jobless claims fall to nine-month low;  productivity speeds up

Weekly jobless claims fall by 3,000 to 183,000 Continuing claims decrease by 11,000 to 1.655 million Productivity accelerates at a rate of 3.0% in the fourth quarter Unit labor costs increase at a rate of 1.1% WASHINGTON, Feb 2 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a nine-month … Read more

Russia advances in eastern Ukraine, strike on apartments kills civilians

Russia advances in eastern Ukraine, strike on apartments kills civilians

Russian strike destroys apartment building; 3 dead – civil servants Zelenskiy paints a grim picture of the Russian offensive in the East Zelenskiy promises more anti-corruption measures New Russian offensive could start on February 24 – Ukrainian minister KYIV, Feb 2 (Reuters) – The battle on the front lines in eastern Ukraine “has grown more … Read more

Philippines grants US better access to bases amid China concerns

Philippines grants US better access to bases amid China concerns

Philippines and USA agree to add four locations under EDCA Deal comes amid South China Sea tensions over Taiwan EDCA allows US access to Philippine military bases MANILA, Feb 2 (Reuters) – The Philippines has granted the United States expanded access to its military bases, its defense chiefs said on Thursday, amid growing concerns over … Read more

Airbus and Qatar Airways settle bitter dispute over A350s

Airbus and Qatar Airways settle bitter dispute over A350s

PARIS, Feb 1 (Reuters) – Airbus (AIR.PA) and Qatar Airways have settled a dispute over grounded A350 planes, the airlines said on Wednesday, avoiding a potentially damaging lawsuit in the UK after an 18-year dispute. month that tore the lid. out of the global jet aircraft market. The “amicable and mutually acceptable settlement” ends a … Read more

Adani drops $2.5bn share sale in blow to Indian tycoon

Adani drops .5bn share sale in blow to Indian tycoon

NEW DELHI, Feb 1 (Reuters) – Gautam Adani’s flagship company on Wednesday called off its $2.5 billion share sale in a dramatic reversal as the rout sparked by criticism from a U.S. short seller erased billions more of the value of the Indian tycoon’s shares. The withdrawal of the Adani Enterprises (ADEL.NS) stock offering marks … Read more