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Details of crashed Boeing 737-800 and China Eastern Airlines
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Bulgaria expects completion of gas link with Greece by end-June
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EU split on Russia oil sanctions
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At least eight dead as Kyiv shopping centre wrecked by shelling
Buffett deepens insurance exposure with $11.6 billion Alleghany deal
Date: March 21, 2022
By Noor Zainab Hussain (Reuters) -Warren Buffett’s Berkshire Hathaway Inc has struck an $11.6 billion deal to buy Alleghany Corp, the owner of reinsurer TransRe, just weeks after the 91-year-old billionaire bemoaned the lack of good investment opportunities. Alleghany adds to Berkshire’s already large insurance portfolio, which includes Geico auto insurance, General Re reinsurance and...
Soccer-Chelsea bidders shortlist to be narrowed down to three, new offers made
Date: March 21, 2022
By Peter Hall MANCHESTER, England (Reuters) – Raine Group, a U.S. bank overseeing the sale of Premier League club Chelsea, plans to narrow down the shortlist of bidders to three on Monday or Tuesday, sources close to the deal told Reuters. Chelsea were initially put up for sale by owner Roman Abramovich following Russia’s invasion...
Wheat prices soar on Ukraine fears, but U.S. growers can’t cash in
Date: March 21, 2022
By Julie Ingwersen and P.J. Huffstutter CHICAGO (Reuters) – After Russia’s invasion of Ukraine sent global wheat futures soaring, U.S. farmer Vance Ehmke was eager to sell his grain. Local prices shot up roughly 30% to nearly $12 a bushel, about the highest Ehmke could recall in 45 years of farming near the western Kansas...
Amazon union backers see bright future for organizing despite tough odds
Date: March 21, 2022
By Julia Love and Jeffrey Dastin BESSEMER, Al. (Reuters) – Workers at Amazon.com Inc seeking to organize a warehouse in Alabama after a bruising defeat last year have been invigorated by a resurgent labor movement, bringing energy to the campaign despite the long odds they face. The vote by Bessemer warehouse employees concludes this month...
Analysis-For Fed’s Powell, 2019 remains the touchstone for a post-pandemic economy
Date: March 21, 2022
By Howard Schneider and Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell has often pointed to the months before the pandemic as a heyday for the U.S. economy, and he is counting on an across-the-board return to economic conditions circa 2019 to help win a fight against high inflation without sparking higher unemployment. It...
Dollar dips, yen near six-year lows as Ukraine crisis weighs
Date: March 21, 2022
By Iain Withers LONDON (Reuters) – The dollar edged lower versus major currencies on Monday, with investors awaiting remarks from U.S. Federal Reserve chair Jerome Powell later in the day and from other central bank policymakers this week for monetary policy clues. Currency markets have been roiled over the past month by the financial fallout...