American Air 737 MAX declared emergency after engine shutdown, lands safely

FILE PHOTO: American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, lands at LaGuardia airport in New York, U.S. December 29, 2020. REUTERS/Eduardo Munoz(Reuters) – American Airlines Co said on Friday that a Boeing 737 MAX bound for New Jersey’s Newark Liberty International Airport declared an emergency after the […]

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Ten-Year Yield Closes Nearly Flat After Spiking Above 1.6%

After moving sharply lower early in the session, treasuries regained ground over the course of the trading day on Friday. Bond prices climbed well off their early lows to end the day nearly unchanged. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 1.554 percent. Before […]

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WHO says report on China mission on COVID-19 origins due in mid-March

GENEVA (Reuters) – The findings of a WHO-led mission to Wuhan, China to investigate the origins of the virus that causes COVID-19 are expected in mid-March, the World Health Organization (WHO) said on Friday.FILE PHOTO: A logo is pictured outside a building of the World Health Organization (WHO) during an executive board meeting on update on the coronavirus outbreak, in […]

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EU regulator advises on use of Lilly's COVID-19 antibody cocktail

FILE PHOTO: The logo of Lilly is seen on a wall of the Lilly France company unit, part of the Eli Lilly and Co drugmaker, in Fegersheim near Strasbourg, France, February 1, 2018. REUTERS/Vincent Kessler(Reuters) – Europe’s medicines regulator said on Friday Eli Lilly and Co’s antibody drug combination can be used to treat COVID-19 patients who do not require […]

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Graphic prints at Versace in off-calendar fashion presentation

MILAN (Reuters) – Italian fashion house Versace splashed graphic prints all over its designs for its fall line on Friday, unveiling the collection on its own time days after Milan Fashion Week wrapped.Models present creations from the Versace Fall/Winter 2021/2022 collection at the Milan Fashion Week, in Milan, Italy, in this picture released on March 5, 2021. Versace/Handout via REUTERSDesigner […]

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U.S. job growth likely regained steam in February

WASHINGTON (Reuters) – U.S. job growth likely accelerated in February as more services businesses reopened amid falling new COVID-19 cases, quickening vaccination rates and additional pandemic relief money from the government, putting the labor market recovery back on firmer footing and on course for further gains in the months ahead.FILE PHOTO: Construction workers wait in line to do a temperature […]

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Credit Suisse winds down $10 billion Greensill-linked funds

ZURICH (Reuters) – Credit Suisse said on Friday it is winding down its $10 billion supply chain finance funds, which were mostly invested in notes backed by speciality finance firm Greensill.FILE PHOTO: The Greensill Bank is pictured in downtown Bremen, Germany, July 3, 2019. REUTERS/Fabian BimmerLondon-based Greensill group is preparing to file for insolvency and is in talks to sell […]

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