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Failed moon landing caused by altitude miscalculation, Japan startup says
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Dollar set for third week of gains as US debt talks loom large
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Analysis-Inflows into unloved European telecoms signal brighter future
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France confirms bird flu vaccination after favourable tests
Soaring airline customer complaints push global legislators to act
Date: May 26, 2023
Soaring airline customer complaints push global legislators to act By Joanna Plucinska and Allison Lampert LONDON/MONTREAL (Reuters) – Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over...
Elon Musk’s Neuralink says has FDA approval for study of brain implants in humans
Date: May 26, 2023
Elon Musk’s Neuralink says has FDA approval for study of brain implants in humans By Akriti Sharma and Rachael Levy (Reuters) – Elon Musk’s brain-implant company Neuralink on Thursday said the U.S. Food and Drug Administration (FDA) had given the green light to its first-in-human clinical trial, a critical milestone after earlier struggles to gain...
Nippon Steel still in talks with Teck as it seeks stake in coal asset
Date: May 26, 2023
TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s bid for the Canadian miner, as Japan’s top steelmaker remains eager to take a stake in Teck’s high-grade coking coal asset, a senior executive said. “We are still negotiating with Teck toward making an equity investment in coal assets,” executive vice...
Equinor shuts output at Statfjord A platform due to leakage
Date: May 26, 2023
Equinor shuts output at Statfjord A platform due to leakage OSLO (Reuters) – Norway’s Equinor said it shut production at the Statfjord A oil and gas platform in the North Sea on Thursday due to a gas leakage. Equinor had detected a leakage of hydrogen sulfide gas in one of the platform shafts, a spokesperson...
Some smaller UK lenders pull mortgage products as markets churn: brokers
Date: May 25, 2023
LONDON (Reuters) – Some smaller British mortgage lenders temporarily withdrew and repriced products for new customers on Thursday, a consequence of a spike in British market interest rates following unexpectedly strong inflation data this week. The moves had echoes of a more severe temporary shutdown of the mortgage market in late September and early October...
Companies face stricter supply finance disclosures after Greensill collapse
Date: May 25, 2023
LONDON (Reuters) – Companies will have to disclose details of loans for paying suppliers from January 2024, a global accounting standard setting body said on Thursday, drawing lessons from the collapse of Greensill Capital. The International Accounting Standards Board (IASB) said companies will have to disclose the terms and conditions, amount of liabilities, ranges of...