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A TotalEnergies tanker truck with sustainable aviation fuel (SAF) is pictured during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. ICAO's third Conference on Aviation and Alternative Fuels (CAAF) runs this week ahead of the COP28 U.N. climate summit in Dubai, which starts on Nov. 30. CAAF delegates from more than 100 countries are debating ways to boost supply of sustainable aviation fuel (SAF) made from materials like used cooking oil. SAF is key to lowering emissions from aviation, but remains costly and in short supply. Making access to financing more readily available to developing countries, another conference goal, is needed to bolster SAF production outside of the United States and Europe.
Persons: Benoit Tessier, Haldane Dodd, CAAF, Francis Mwangi, Mwangi, Allison Lampert, Jonathan Oatis Organizations: Paris, REUTERS, United Nations, International Civil Aviation Organization, Aviation, Alternative Fuels, SAF, Air Transport Action, Kenya's Civil Aviation Authority, Thomson Locations: Le Bourget, Paris, France, Dubai, United States, Europe, Mombasa, Kenya, Montreal
Oil slips 1% on concerns over delayed OPEC+ meeting
  + stars: | 2023-11-23 | by ( Nia Williams | ) www.reuters.com   time to read: +2 min
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. U.S. West Texas Intermediate crude slid 75 cents, or 1%, to $76.35 after dropping as much as 5% in the previous session. In a surprise move on Wednesday, the Organization of the Petroleum Exporting Countries and allies including Russia delayed a ministerial meeting at which they were expected to discuss oil output cuts to Nov. 30. OPEC+ members Angola and Nigeria are aiming for higher oil output, officials told Reuters on Thursday. "However, it may be more difficult to bridge the gap with Angola, which has been a moodier member of the producer group since it joined in 2007."
Persons: Angus Mordant, Helima Croft, Phil Flynn, Nia Williams, Natalie Grover, Arathy, Andrew Hayley, Mark Potter, David Goodman, Alexandra Hudson, Marguerita Choy, Jonathan Oatis Organizations: REUTERS, Brent, . U.S . West Texas, U.S, Organization of, Petroleum, Producers, Reuters, Capital Markets, Price Futures Group, Thomson Locations: Loving County , Texas, U.S, ., Russia, OPEC, Angola, Nigeria, Saudi Arabia, Chicago, British Columbia, London, Houston, Beijing
The logo of America Movil is pictured on the wall at a reception area in the company's corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf/File Photo Acquire Licensing RightsMEXICO CITY, Nov 23 (Reuters) - America Movil (AMXB.MX), the Mexican telecommunications company controlled by billionaire Carlos Slim, on Thursday denied a report it is in talks with Argentine President-elect Javier Milei's team to buy Argentina's state telecoms company Arsat. Citing sources close to the matter, website La Politica Online said plans to sell Arsat are very advanced, and reported that a member of Milei's transition team on Tuesday held talks with executives from America Movil's Argentine unit, Claro. La Politica Online said the value of Arsat was discussed during the talks with a figure of around $930 million mentioned. A spokesperson for Milei's transition team did not immediately respond to a request for comment.
Persons: Gustavo Graf, Carlos Slim, Javier Milei's, Arturo Elias, Slim's, Arsat, Dave Graham, Eliana, Jonathan Oatis, Marguerita Choy Organizations: REUTERS, MEXICO CITY, Argentine, Reuters, Politica, America Movil's, Thomson Locations: Mexico City, Mexico, MEXICO, Mexican, America Movil's Argentine, Claro
That hurts exporters who often have to bring most of their overseas sales back into the country at the official rate, getting fewer pesos for each dollar. While the government has rolled out exchange rate sweeteners for farmers, giving them a better rate, many producers are waiting to see what Milei does when he takes office. Idigoras said the lack of beans for the huge crushing plants that turn soybeans into oil and meal along the Parana River meant the facilities were operating at greatly reduced capacity. "Today we are at 73% average idle capacity in the crushing plants and 75% idle capacity in the grain ports," he said. He added that the crushing plants were bringing forward stoppages for technical maintenance due to the "impossibility" of being able to keep operating.
Persons: Marcos Brindicci, Javier Milei, CIARA, Gustavo Idigoras, Idigoras, Maximilian Heath, Adam Jourdan, Jonathan Oatis Organizations: REUTERS, Reuters, Cargill, Bunge, Thomson Locations: Rafaela, Argentina, BUENOS AIRES, Parana
[1/7] People demonstrate during the 95th Macy's Thanksgiving Day Parade, in Manhattan, New York City, U.S., November 23, 2023. War in the Middle East has prompted officials to take extra precautions at airports and shopping malls across the United States and along the route of New York's signature Macy's Thanksgiving Day Parade. A quintessential American rite, Thanksgiving brings together family and friends for turkey dinner and watching the parade and American football on TV. Many of them wore tops emblazoned with "Stop the Genocide" as they unfurled a banner saying "Free Palestine," "Land Back" and "Genocide Then, Genocide Now." For many Native Americans, however, Thanksgiving is a day of dark reflection about the genocide that followed.
Persons: Brendan McDermid, Joe Biden, " Biden, Eric Adams, Adams, Abraham Lincoln, Daniel Trotta, Jonathan Allen, Gerry Doyle, Jonathan Oatis Organizations: REUTERS, FBI, NBC, New York, New York Police, Pilgrims, Thomson Locations: Manhattan , New York City, U.S, Israel, Gaza, United States, Sixth, Massachusetts, Plymouth, Carlsbad , California, New York
Europe's new Ariane 6 rocket passes launch rehearsal -ESA
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +1 min
PARIS, Nov 23 (Reuters) - Europe's Ariane 6 launcher has passed a key rehearsal in preparation for its first flight, the European Space Agency (ESA) said on Thursday - part of efforts to bring the delayed rocket to the launchpad in 2024. Ariane 6 is being developed by ArianeGroup, a joint venture between Airbus (AIR.PA) and Safran (SAF.PA), in order to better compete with U.S. private launch provider SpaceX. Russia blocked European use of its Soyuz rockets last year in response to Western sanctions over Ukraine. "We are back on track towards re-securing Europe's autonomous access to space," ESA Director General Josef Aschbacher said in a statement late on Thursday. Reporting By Tim Hepher in Paris; editing by Jonathan Oatis and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: Safran, Vega, Josef Aschbacher, Aschbacher, Tim Hepher, Jonathan Oatis, Sonali Paul Organizations: European Space Agency, ESA, ArianeGroup, Airbus, U.S, SpaceX, Soyuz, Thomson Locations: Guiana, Europe, Russia, Ukraine, Paris
By Sergio GoncalvesLISBON (Reuters) - Portugal's Attorney General Lucilia Gago on Thursday rejected criticism from the ruling Socialist Party (PS) that she was responsible for Prime Minister Antonio Costa's resignation because of her probe into alleged irregularities in his administration. Costa stepped down on Nov. 7 over an investigation into alleged illegalities in his government's handling of lithium and hydrogen projects. Prosecutors said Costa was also the target of a related probe, but he has denied wrongdoing. Santos Silva said some in the judicial system viewed political activity as "by nature suspicious and tend to criminalize political and governmental action." He demanded the justice system decide Costa's case before the snap election.
Persons: Sergio Goncalves LISBON, Lucilia Gago, Antonio Costa's, Gago, Costa, illegalities, Marcelo Rebelo de Sousa, Augusto Santos Silva, Santos Silva, Sergio Goncalves, Charlie Devereux, Jonathan Oatis Organizations: Portugal's, Socialist Party, Prosecutors Locations: Costa
US forces attacked 4 times in Iraq, Syria within hours
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +1 min
BAGHDAD, Nov 23 (Reuters) - U.S. forces were attacked four times in Iraq and Syria on Thursday with rockets and armed drones, but there were no casualties or damage to infrastructure, a U.S military official said. Speaking on condition of anonymity, the official said U.S. and international forces were attacked at two sites in northeastern Syria with multiple rockets and a one-way attack drone. In Iraq, multiple one-way drones were launched at the Ain Al-Asad airbase west of Baghdad and a drone was launched at a base housing U.S. forces near Erbil airport in northern Iraq. A group calling itself the Islamic Resistance in Iraq, which analysts say is a catch-all for several Iran-aligned Iraqi armed groups, had claimed attacks on those locations earlier in the day. As of Thursday, there had been 36 attacks in Iraq and 37 in Syria, the U.S. military official said.
Persons: Asad, Timour, Jonathan Oatis Organizations: U.S, Hamas, Thomson Locations: BAGHDAD, Iraq, Syria, Ain Al, Baghdad, Erbil, Iran, U.S, United States, Israel
SAO PAULO, Nov 23 (Reuters) - Brazil's geological service on Thursday announced a new species of dinosaur, a speedy animal that lived in the desert during the early Cretaceous period. "From the large distance between the footprints found, it is possible to deduce that it was a very fast reptile that ran across the ancient dunes," the geological service said in a statement. The fossilized dinosaur "trackways," as scientists call them, were first found in the 1980s by Italian priest and paleontologist Giuseppe Leonardi in what today is the city of Araraquara, in Sao Paulo state. The footprints are different from all other known dinosaur footprints, said MCTer paleontologist Rafael Costa. Reporting by Jake Spring and Eduardo Simoes; Editing by Brendan O'Boyle and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Giuseppe Leonardi, Leonardi, Rafael Costa, Jake Spring, Eduardo Simoes, Brendan O'Boyle, Jonathan Oatis Organizations: SAO PAULO, Brazil's Museum, Earth Sciences, Thomson Locations: Araraquara, Sao Paulo
[1/3] U.S. President Joe Biden greets Nantucket Fire Department Chief Cranson alongside First Lady Jill Biden, at the Nantucket Fire Department in Nantucket, Massachusetts, U.S, November 23, 2023. REUTERS/Tom Brenner Acquire Licensing RightsNANTUCKET, Mass., Nov 23 (Reuters) - President Joe Biden delivered pumpkin pies to firefighters on Thursday to celebrate the U.S. Thanksgiving holiday and expressed hope about a pending hostage release in the war between Israel and the Palestinian Islamist group Hamas. Biden, who is vacationing with his family on the Massachusetts island of Nantucket, has spent part of his time here speaking to foreign leaders about the war. Biden has a decades-long family tradition of coming to Nantucket for the Thanksgiving holiday. In earlier remarks on NBC, Biden urged people to focus on solving problems together and stopping rancor in U.S. society.
Persons: Joe Biden, Cranson, Lady Jill Biden, Tom Brenner, Biden, Jill Biden, David Rubenstein, ", Donald Trump, Evan Gershkovich, Paul Whelan, Jeff Mason, Jonathan Oatis Organizations: Nantucket Fire Department, REUTERS, Rights, U.S, Hamas, NBC, Democrat, Republican, Thomson Locations: Nantucket, Nantucket , Massachusetts, U.S, Rights NANTUCKET, Israel, Palestinian, Massachusetts, Qatar, Russia
"We all hope that this truce will lead to a chance to start a wider work to achieve a permanent truce." A U.S. State Department official called the truce a "hopeful moment" but said work would continue to free all the hostages. Israel had received an initial list of hostages to be freed and was in touch with families, the prime minister's office said. Hamas said 30 people had been killed in an Israeli strike on a school affiliated with the UNRWA in Jabalia. Israel says Hamas fighters use residential and other civilian buildings, including hospitals, as cover.
Persons: Majed Al, Ansari, Joe Biden, Abu Ubaida, Daniel Hagari, Israel, U.N, Philippe Lazzarini, Abu Mustafa, Neighbour Khaled Hamad, Gilad Korngold, Khan Younis, Nasser, Al Shifa, Muhammad Abu Salamiya, Peter Graff, Andrew Heavens, Deepa Babington, William Maclean, Mark Heinrich, Jonathan Oatis, Diane Craft Organizations: Gaza Hamas, UNRWA, Hamas, Qatari, Doha, U.S . State Department, West Bank, UNRWA's, REUTERS, Gaza, Reuters, Thomson Locations: Palestinian, Gaza, DOHA, GAZA, Israel, Qatar, Gaza City, Massachusetts, Nantucket, U.S, Rafah, Jabalia, Indonesian, Gaza's
Stocks maintain November reign, oil nagged by OPEC doubts
  + stars: | 2023-11-23 | by ( Marc Jones | ) www.reuters.com   time to read: +5 min
[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 22, 2023. Traders were getting their moves in despite the annual U.S. Thanksgiving holiday scything volumes but there was plenty to keep them busy while they did it. Wall Street's benchmark S&P 500 (.SPX) is nearing a fresh high for 2023 and both it and MSCI's all-country world index (.MIWD00000PUS) are both up more than 8% this month alone. For the MSCI world index, that is the best showing since November 2020 when COVID-19 vaccine hopes were driving markets wild. Reporting by Marc Jones; Editing by Christina Fincher and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Geert Wilders, Robert Alster, Viktor Orban, Wilders, Mark Rutte, Tayyip Erdogan, Sterling, Jeremy Hunt, Changpeng Zhao, Marc Jones, Christina Fincher, Jonathan Oatis Organizations: REUTERS, Staff, PMI, ECB, Oil, OPEC, Traders, Asset Management, Freedom Party, Labour, Green, People's Party for Freedom and Democracy, European, U.S, HK, Reuters, Europe, Thomson Locations: Frankfurt, Germany, Europe, U.S, European, France, Holland, Ukraine, Asia, Pacific, Japan, COVID, Brent, Bitcoin
The latest proposal from EU cybersecurity agency ENISA concerns an EU certification scheme (EUCS) which vouches for the cybersecurity of cloud services and determines how governments and companies in the bloc select a vendor for their business. The document retains key provisions contained in earlier drafts such as a requirement that U.S. tech giants set up a joint venture with an EU-based company to qualify for the EU cybersecurity label. Another provision states that cloud service must be operated and maintained from the EU, while all cloud service customer data must be stored and processed in the EU, with EU laws taking precedence over non-EU laws regarding the cloud service provider. The latest draft sets out the possibility for these tough requirements to be extended to the third highest security level. EU countries are now reviewing the latest draft after which the European Commission will adopt a final scheme.
Persons: OpenAI's, CCIA, ENISA, Alexandre Roure, Foo Yun Chee, Jonathan Oatis Organizations: European, Google, Microsoft, Big Tech, EU, Tech, European Banking Federation, European Savings Banks Group, Association for Financial Markets, Federation, Insurance, Thomson Locations: BRUSSELS, European Union, EU, Europe
Enel, hitherto the world's biggest listed renewables developer, plans 35.8 billion euros ($39 billion) of gross capital expenditure in its plan to 2026, of which nearly 19 billion euros will help to modernise and make its networks more resilient. Shares in the state-controlled power group were down 0.4% at 1530 GMT paring a 1% initial loss on the Milan bourse and underperforming a nearly flat blue-chip index. Rising indebtedness was one of the reasons why the Italian government, which is the single biggest shareholder in Enel, decided to oust the group's previous CEO, Francesco Starace. New CEO Flavio Cattaneo pledged to spend only the cash generated by the business, without increasing the debt pile. The group will devote some 3 billion euros to actively manage its customer portfolio through bundled offers, which will include different commodities and services.
Persons: Antonio Parrinello, Enel, Francesco Starace, Flavio Cattaneo, Cattaneo, Stefano De Angelis, Starace, Francesca Landini, Giancarlo Navach, Keith Weir, Giulia Segreti, Elaine Hardcastle, Jonathan Oatis Organizations: REUTERS, Milan bourse, Thomson Locations: Catania, Italy, MILAN, Milan, Enel
On Tuesday, 2.6 million passengers were screened at airport security checkpoints, the highest ever for a Tuesday before Thanksgiving, according to the U.S. Transportation Security Administration. [1/10]People go to their flight gates ahead of the Thanksgiving holiday at O’Hare International Airport in Chicago, Illinois, U.S. November 22, 2023. The two major airports in Houston, Texas were expecting to shatter their record of air travelers from Nov. 16-28. Some 2.4 million people were expected to fly through Houston, up 11% from that period in 2022, the airports' management said. Out West, a snowstorm in the northern and central Rocky Mountains and adjacent High Plans will likely affect Thanksgiving travel from Wednesday night through Friday, the weather service said.
Persons: Mike Arnot, Vincent Alban Acquire, COVID, Hopper, Daniel Trotta, Allison Lampert, Joseph Ax, Gabriella Borter, Miral Fahmy, Jonathan Oatis, David Gregorio Our Organizations: National Weather Service, Airlines for America, U.S . Transportation Security Administration, Ontario . Buffalo Niagara International, O’Hare, REUTERS, American Automobile Association, AAA, Thomson Locations: U.S, United States, Canada, Niagara Falls, New York, Ontario, Chicago , Illinois, Houston , Texas, Houston, New England, New Hampshire, Rocky
[1/5] Passengers make their way through the terminal as they travel ahead of the Thanksgiving holiday at Washington Dulles International Airport in Dulles, Virginia, U.S., November 22, 2023. REUTERS/Kevin Lamarque Acquire Licensing RightsNov 22 (Reuters) - Millions of Americans headed to the homes of friends and family on Wednesday, the day before the Thanksgiving holiday, on the busiest travel day since the pandemic, undeterred by a sprawling East Coast storm system that disrupted some flights and slowed traffic. Industry group Airlines for America forecast U.S. airlines would carry some 29.9 million passengers between Nov. 17 and Nov. 27. That figure would be an all-time high, 9% higher than last year and up 1.7 million passengers from the levels seen before the COVID-19 pandemic. Out West, a snowstorm in the northern and central Rocky Mountains and adjacent High Plans will likely affect Thanksgiving travel from Wednesday night through Friday, the weather service said.
Persons: Kevin Lamarque, Hopper, Abraham Lincoln, Daniel Trotta, Joseph Ax, Miral Fahmy, Jonathan Oatis Organizations: Washington Dulles International, REUTERS, Industry, Airlines, America, U.S . Transportation Security Administration, American Automobile Association, AAA, National Weather Service, Thomson Locations: Dulles , Virginia, U.S, East, COVID, Carolinas, Atlantic, New England, New Hampshire, Rocky
UBS CEO says private buyer preferred outcome in case of rescue
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +1 min
ZURICH, Nov 22 (Reuters) - UBS is one of the world’s safest large institutions, the Swiss bank's CEO said while speaking at a Swiss Risk Association event on Wednesday. "Even in the unlikely event of something going wrong at UBS, we have enough cushion before even speaking about a resolution of the bank and its very unlikely risk of a loss for the taxpayer," Sergio Ermotti said. Would UBS need to be rescued, Ermotti said a private buyer would continue to be preferable. The head of Switzerland's largest bank also advocated for certain regulatory improvements including strengthening the tools for early intervention by supervisors. Reporting by Noele Illien; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Sergio Ermotti, Ermotti, Noele, Jonathan Oatis Organizations: UBS, Swiss, Swiss Risk, Thomson Locations: ZURICH, Switzerland
Bitcoin rises 5.7% to $37,802
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: 1 min
A representation of cryptocurrency bitcoin is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/File Photo Acquire Licensing RightsNov 22 (Reuters) - Bitcoin rose 5.7 % to $37,802 at 2129 GMT on Wednesday, adding $2,044 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 42.5% from the year's low of $26,533 on Oct. 11. Ether , the coin linked to the ethereum blockchain network, rose 7.94 % to $2,087.9 on Wednesday, adding $153.6 to its previous close. Reporting by Nilutpal Timsina in Bengaluru; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado, Nilutpal, Jonathan Oatis Organizations: REUTERS, Thomson Locations: Bitcoin, Bengaluru
Taliban Defends Record on Women as UN Looks at Path Forward
  + stars: | 2023-11-21 | by ( Nov. | At P.M. | ) www.usnews.com   time to read: +3 min
It proposes a path for political engagement aimed at reintegrating Afghanistan after the Taliban seized power in August 2021 as U.S.-led forces withdrew after 20 years of war. "Any formal re-integration of Afghanistan into global institutions and systems will require the participation and leadership of Afghan women," it read. Since the Taliban returned to power, most girls have been barred from high school and women from universities. The United Nations says two-thirds of Afghanistan's 43 million people need humanitarian aid. The independent assessment given to the Security Council recommended the appointment of a U.N. special envoy on Afghanistan, which the Taliban rejected as "unacceptable."
Persons: Michelle Nichols UNITED, Antonio Guterres, Feridun Sinirlioglu, Michelle Nichols, Jonathan Oatis Organizations: Michelle Nichols UNITED NATIONS, Reuters, United Nations, Islamists, . Security, Security Locations: Afghanistan, Turkish, Emirate
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsCompanies General Motors Co FollowNov 21 (Reuters) - General Motors (GM.N) said on Tuesday it will give a Nov. 29 business update following the ratification of new labor agreements in the United States and Canada. GM CEO Mary Barra and Chief Financial Officer Paul Jacobson will hold a conference call with analysts. The United Auto Workers union on Monday said members had approved a new labor deal through April 2028 that will boost GM's labor costs, including an immediate 11% pay hike. Before the additional $1 billion in cuts announced in July, the automaker earlier this year said it would cut fixed costs by $2 billion by the end of 2024.
Persons: Rebecca Cook, Mary Barra, Paul Jacobson, Daniel Kan, Kyle Vogt, David Shepardson, Jonathan Oatis Organizations: General Motors, REUTERS, United Auto Workers, New York Stock Exchange, Detroit, Cruise, GM, National Football League, EV, Thomson Locations: Detroit , Michigan, U.S, United States, Canada, California
[1/6] Ukraine's President Volodymyr Zelenskiy meets with President of the European Council Charles Michel, amid Russia's attack on Ukraine, in Kyiv, Ukraine November 21, 2023. Ukrainian Presidential Press Service/Handout via REUTERS Acquire Licensing RightsKYIV, Nov 21 (Reuters) - Ukrainian President Volodymyr Zelenskiy and European Council chief Charles Michel warned on Tuesday that a European Union meeting next month to decide whether to begin formal accession talks for Kyiv would be difficult. I think this is the decision which will help Ukraine to believe that there is justice...," Zelenskiy told reporters. "All these are big challenges for everyone and already not only for Ukraine, but a challenge for preserving the unity of the European Union," he said. "It will be a difficult meeting but I do not intend to give up," Michel said, adding that the world needed a strong European Union to ensure stability and prosperity.
Persons: Volodymyr Zelenskiy, Charles Michel, Michel, Maia Sandu, Zelenskiy, Michel's, Sandu, Boris Pistorius, Tom Balmforth, Yuliia Dysa, Dan Peleschuk, Alexandra Hudson, Jonathan Oatis Organizations: European, Presidential Press Service, REUTERS Acquire, Rights, Union, Zelenskiy, Moldovan, European Union, Kyiv, ACT AS ONE, EU, German, IRIS, Thomson Locations: Ukraine, Kyiv, Moldova, Russia, Moscow, Soviet Moldova, Brussels, Soviet Moscow, Crimea
REUTERS/Mohamed Azakir/File Photo Acquire Licensing RightsAMMAN, Nov 21 (Reuters) - Jordan said on Tuesday the army had beefed up its presence along its borders with Israel and warned that any Israeli attempt to forcibly push Palestinians across the Jordan River would represent a breach of its peace accord with its neighbour. The Israel-Gaza conflict has stirred long-standing fears in Jordan, home to a large population of Palestinian refugees and their descendants. "This would lead to the liquidation of the Palestinian cause and to harming the national security of Jordan," Khasawneh added. Jordan, the second Arab country after Egypt to sign a peace accord, has had strong security ties with Israel. "The peace treaty would be a piece of paper on a shelf covered with dust if Israel did not respect its obligations and violated it," Khasawneh said.
Persons: Bisher, Mohamed Azakir, Jordan, Bisher Khasawneh, Khasawneh, Suleiman Al, Khalidi, Jonathan Oatis Organizations: Jordanian, REUTERS, Rights, West Bank, Hamas, Thomson Locations: Beirut, Lebanon, Rights AMMAN, Israel, Gaza, Jordan, Palestine, Egypt, Washington
Nov 20 (Reuters) - The United Auto Workers (UAW) said Monday that 64% of workers at the Detroit Three automakers voted to ratify new record contracts after a six-week targeted strike, as the union turns its attention to organizing foreign-owned and Tesla auto plants. The UAW for decades has unsuccessfully sought to organize auto factories operated by foreign automakers. In recent weeks, Hyundai Motor (005380.KS), Toyota Motor (7203.T) and Honda Motor (7267.T) have all announced they would hike U.S. factory wages after the UAW contract. Fain told Reuters last week that the UAW was getting expressions of interest in organizing from many Tesla (TSLA.O) workers. Automakers, looking to trim costs as they make the shift to electric vehicles, face higher hourly labor costs.
Persons: Shawn Fain, Fain, Joe Biden, Biden, , Jim Farley, Farley, Mary Barra, Gerald Johnson, Mark Stewart, David Shepardson, Chizu Nomiyama, Sriraj Kalluvila, Jonathan Oatis, Aurora Ellis Organizations: United Auto Workers, UAW, Detroit Three, Hyundai Motor, Toyota, Honda, Reuters, , Tesla, Ford, General Motors, Thomson Locations: U.S, Washington
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. Markets have priced out any additional Fed rate hikes, as recent data has shown a slowing of the economy and inflation pressures - but not enough to increase fears a sharp recession is looming. "The market is convinced, both credit, equities and currencies that the Fed has finished raising rates, but the Fed is not willing to say so. "So you're getting a gradual weakening in the dollar, simply because the Fed is doing its best to prop up rates, not necessarily the dollar, but to prop up rates." Against the yen the dollar was last traded at 148.36 yen , down 0.84%.
Persons: Dado Ruvic, CME's, we've, Joseph Trevisani, Thomas Barkin, Moody's, Sterling, Chuck Mikolajczak, Jonathan Oatis Organizations: REUTERS, U.S . Federal Reserve, Conference, Fed, Richmond Federal, Central Bank, Thomson Locations: U.S
[1/2] An Airbus A220-300 is seen at the Airbus facility in Mirabel, Quebec, Canada February 20, 2020. Quebec holds a 25% stake in the jet, which has faced scrutiny as Airbus struggles to contain costs on parts. Airbus has also faced delays in ramping up production toward its latest target of 14 planes per month by 2026. Airbus has said it plans to raise Mirabel production to 10 A220s a month, with four jets a month in Mobile. The planemaker created the Mobile production line for U.S. customers to avoid a trade dispute with Boeing (BA.N) when it took over the plane from Canada's Bombardier in 2018.
Persons: Christinne, Pierre Fitzgibbon, Fitzgibbon, we're, Allison Lampert, Jonathan Oatis Organizations: Airbus, REUTERS, Rights, Reuters, Quebec, Aerospace, Bombardier, Mirabel, Boeing, Mobile, Thomson Locations: Mirabel, Quebec, Canada, Airbus's, Mobile , Alabama, Mobile
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