Tuesday, 5 April 2022

Reuters Business: Musk to join Twitter board, promises change

Musk to join Twitter board, promises change

Twitter said it will offer Tesla boss Elon Musk a seat on its board of directors, a position he plans to use to bring about improvements.

Spirit Airlines says it received merger proposal from JetBlue

Spirit Airlines on Tuesday said it received an unsolicited offer from JetBlue Airways for about $3.6 billion, potentially snarling merger plans between Frontier Group Holdings and Spirit.

Cuba struggles to buy fuel as imports from Venezuela dwindle -data

Cuba is struggling to cover a fuel deficit as imports from Venezuela and other countries remain below historical levels and global prices boosted by Russia's invasion of Ukraine make purchases almost unaffordable, according to analysts and data.

Brazilian economic official a strong candidate to lead Petrobras, says source

Brazilian Economy Ministry official Caio Mario Paes de Andrade has emerged as a strong candidate to lead state-run oil company Petrobras , after energy consultant Adriano Pires declined the government's nomination, a government official told Reuters on Tuesday.

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U.S. services sector regains momentum; inflation clouds outlook

U.S. services industry activity picked up in March, boosted by the rollback of pandemic restrictions, but higher prices for fuel and other commodities because of Russia's war against Ukraine are creating uncertainty for many businesses.

Apple to host annual developers' conference online for third year in a row

Apple Inc said on Tuesday it will host its annual developers' conference in an online format for the third year in a row, from June 6 to June 10.

U.S. government may need more than 100,000 charging stations - testimony

The U.S. government may need more than 100,000 charging stations to support widespread electric vehicle use, a government watchdog told a congressional hearing on Tuesday.

Spain's banking bailout fund FROB surpasses 50% stake in bad bank Sareb

Spain's state rescue fund FROB has increased its stake in the country's "bad bank" Sareb to more than 50%, in line with a European Union order to count its liabilities as public debt.

Carnival Corp. reports record week of bookings, shares rise

The world's biggest cruise operator Carnival Corp on Tuesday reported its busiest booking week in history as leisure travel continues to rebound from a long pandemic-led hiatus.

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