Author: IA PressRoom

© Reuters. FILE PHOTO: An employee of Azul Brazilian Airlines checks the Embraer 190 plane at International Airport in Guarulhos, Brazil July 11, 2018. REUTERS/Leonardo Benassatto By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Azul is ready to raise additional capital, its chief executive said in an interview, after reaching deals with lessors and bondholders to postpone debts maturing in the near term under a broad restructuring plan. John Rodgerson told Reuters the additional cash would help Azul to “grow again” as it plans to open new routes this year. Azul launched on Tuesday exchange offers aimed at pushing…

Source: Adobe / peterschreiber.mediaDespite the US Securities and Exchange Commission (SEC)’s crackdown against the biggest companies in crypto, one Bitcoin diehard isn’t breaking a sweat.Adam Back – CEO of Blockstream and popular cypherpunk – believes the crypto industry will simply adapt and relocate if it can’t find a home within the United States. “It’s a market and there’s a demand,” Back said to Decrypt during the BTC Prague conference last weekend. “Once an exchange shuts down or stops servicing one market, people will just move to another exchange, or move to an international exchange.”The SEC filed back-to-back lawsuits against both Binance…

RKLB and ADES among industrial movers

New England Aquarium scientists photographed four orcas near Nantucket on Sunday. Orcas have been behind a spate of recent boat attacks near Spain. It’s rare for killer whales to venture into North Atlantic waters. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Scientists from the New England Aquarium photographed four orcas swimming 40 miles off the coast of Nantucket, Massachusetts, on Sunday.They said in a press release that it’s “unusual” to see killer whales in the North Atlantic as their population is very small…

Georgia Gov. Brian Kemp was elected to chair the influential Southern Regional Education Board, a 16-state body that gives policy advice to states from Delaware to Texas.The Republican Kemp was elected Sunday to lead the body for the next 12 months. He addressed the group Monday at its annual meeting in Atlanta, saying that Georgia and other southern states are “leading the great American comeback” in terms of recovering from missed learning during COVID-19.The board, which researches education issues, has historically been prominent in improving education in the South. West Virginia Gov. Jim Justice was chair from 2022 to 2023.US…

Investor sentiment on Germany’s current economic climate has worsened at the fastest pace since the pandemic hit over three years ago, according to a closely watched survey.Sluggish manufacturing output, slowing consumer spending and weak export growth have combined with high inflation and rising borrowing costs to cause the German economy to shrink in the past two quarters.The Leibniz Centre for European Economic Research, or ZEW, said the downturn triggered a sharp fall in its gauge of investor sentiment on the eurozone’s largest economy. The gauge dropped 21.7 points to minus 56.5 when it was published on Tuesday, marking the biggest monthly…

© Reuters. FILE PHOTO: A realtor’s sign stands outside a house for sale in Toronto, Ontario, Canada May 20, 2021. REUTERS/Chris Helgren ?/File Photo TORONTO (Reuters) – Canada’s finiancial regulator is urging lenders to tackle risks from mortgage extensions at the “earliest opportunity” as many borrowers try to navigate higher mortgage costs after the Bank of Canada’s surprise rate hike last week. The Office of the Superintendent of Financial Institutions’ (OSFI) urgency underscores the concern about the risk accumulating in Canadian lenders’ books as the central bank has resumed interest rate hike after a four-month pause. Canada’s central bank has…

© Reuters. France stocks higher at close of trade; CAC 40 up 0.56% Investing.com – France stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher. At the close in Paris, the rose 0.56%, while the index gained 0.54%. The best performers of the session on the were Teleperformance SE (EPA:), which rose 3.81% or 5.75 points to trade at 156.70 at the close. Meanwhile, Compagnie de Saint Gobain SA (EPA:) added 3.11% or 1.71 points to end at 56.67 and Legrand SA (EPA:) was up 2.09% or 1.90 points to 92.88…

Source: Santo Spirit WebsiteCelebrity chef Guy Fieri and Rock and Roll Hall of Famer Sammy Hagar are getting into non-fungible tokens through a new loyalty program launched by a tequila company they co-founded.Through the tequila brand Santo Spirits, the pair announced a new Web3 loyalty program called the Santos Spirits Club, which will offer rewards and special offers, such as a virtual tasting of a soon to be released Santo Añejo Tequila with both Fieri and Hagar, autographed guitars, among other rewards. “Since way back in the early 80s when I first experienced pure 100% agave tequila I’ve been on a…

An “egg-cellent” piece of news for egg lovers: egg prices are finally easing. Egg prices fell 13.8% from April to May, according to inflation data released by the Department of Labor Tuesday. Egg prices were 0.4% lower in May than a year ago — the first time that egg prices posted an annual drop in the last year. A dozen grade-A large eggs cost $2.67 in May, compared to a peak of $4.82 in January, and $2.86 a year ago, according to the Bureau of Labor Statistics.  Egg prices surged over the last year due to avian influenza. The flu…