 | | | | Argentina's economic alarm bells are ringing loudly with fears of a global recession and spiraling inflation stoking investor fears over possible defaults, missed targets with the International Monetary Fund (IMF) and political unrest. | | | | | | Travel and leisure shares propped up U.S. stock index futures after China relaxed some COVID-19 quarantine requirements for international travelers, raising hopes of a revival in global growth. | | | | | | Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and rising costs, the carmaker's CEO said on Tuesday. | | | | | | Swedish loss-making airline SAS is fighting for survival, the latest carrier to hit financial straits due to hefty debts, stiff competition and soaring costs, even as the travel industry recovers from the pandemic. | | | | | | Buy and hold, maximum long. | | | | | | PetroChina may sell out from natural gas projects in Australia and oil sands in Canada. | | | | | | Michelin plans to hand over its Russian activities to a new entity under local management by the end of the year, it said on Tuesday, becoming the first western tyre maker to give up doing business in Russia. | | | | | | Climate activists from Peru to Uganda are descending on Deutsche Bank's headquarters in Frankfurt this week to call on Germany's largest lender to stop financing fossil fuel companies. | | | | | | Reliance Jio Infocomm Ltd (RELIB.UL), the digital arm of Indian conglomerate led by Mukesh Ambani's Reliance Industries , said on Tuesday Ambani would resign as director of the unit. | | | | | | Lufthansa Chief Executive Carsten Spohr apologised to its employees and customers on Tuesday for travel chaos caused by labour shortages as demand has soared during the summer amid the lifting of COVID-19 restrictions. | | | | | |
