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FILE PHOTO:Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022.

U.S. Chip Industry Split Over CHIPS Act Benefits To Intel -sources

Several U.S. semiconductor firms are deliberating whether to oppose a package of chip industry subsidies if the final language of the legislation awaiting a vote in the Senate disproportionately benefits manufacturers like Intel Corp, sources familiar with the matter told Reuters.
Signage for Boeing is seen on a trade pavilion at Farnborough International Airshow in Farnborough, Britain, July 17, 2018.

Air Industry Braves Record UK Heat As Farnborough Returns

Aviation bosses gathered for the return of the Farnborough Airshow on Monday, aiming for a display of confidence after the devastation of COVID-19, even though the only records likely to be broken at the event are for sweltering temperatures.
Signage for Boeing is seen on a trade pavilion at Farnborough International Airshow in Farnborough, Britain, July 17, 2018.

Air Industry Braves Blistering Heat As Farnborough Returns

Aviation bosses gathered for the return of the Farnborough Airshow on Monday, aiming for a display of confidence after the devastation of COVID-19, even though the only records likely to be broken at the event are for sweltering temperatures.
The logo of H&M is seen at a closed store in Moscow, Russia, March 3, 2022.

Fashion Retailer H&M Joins TJX, Others In Exiting Russia

H&M, the world's second-biggest fashion retailer, said on Monday it will wind down its business in Russia, a move that will cost almost $200 million and affect 6,000 staff as it joins a growing number of companies fully exiting the country.
SAS flights listed at Copenhagen airport, July 3, 2022.

SAS And Pilots Unions Reach Deal To End Strike

SAS and pilots unions reached a wage deal on Monday, ending a strike over a new collective bargaining agreement that has grounded hundreds of flights and thrown the airline's future into doubt.
At Farnborough, US titan Boeing and its European arch-rival Airbus will battle for supremacy as they declare their latest multi-billion-dollar jet orders

Farnborough Airshow Opens Amid Heatwave

Global aviation's Farnborough airshow opens Monday amid a sweltering heatwave, with the sector aided by a modest recovery in air traffic and with Ukraine boosting defence budgets.
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022.

Dollar Retreats As Rate Hike Bets Ease

The U.S. dollar eased against a basket of currencies on Monday, retreating from the two-decade high hit last week, as traders pared bets on how aggressive the Federal Reserve will be in raising rates at its meeting later this month.
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022.

Dollar Prowls Just Below Highs As Euro Gasps For Gas

The dollar began the week nudging down from multi-year highs, with a hotter-than-forecast inflation reading in New Zealand lending modest support to the kiwi, though fears about Europe's gas supply put a cap on dollar selling.
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022.

Dollar Lurks Below Highs As Euro Gasps For Gas

The dollar began the week nudging down from multi-year highs, with a hotter-than-forecast inflation reading in New Zealand lending modest support to the kiwi, though fears about Europe's gas supply put a cap on dollar selling.

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