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Month: August 2024

Sierra Leone court sentences soldiers to long jail terms for failed coup

Posted on August 10, 2024 by Financial Edge Daily

By Umaru Fofana FREETOWN (Reuters) – A military court in Sierra Leone has sentenced 24 soldiers to lengthy prison terms for their roles in a failed attempt to overthrow the government of…

Russian in prisoner swap ends US hack-and-trade conviction appeal

Posted on August 9, 2024 by Financial Edge Daily

By Nate Raymond (Reuters) – A Russian businessman released as part of last week’s prisoner swap between Russia and the West is dropping his appeal of his U.S. conviction for engaging in…

Stellantis to lay off up to 2,450 factory workers as classic Ram production ends

Posted on August 9, 2024 by Financial Edge Daily

By Nora Eckert DETROIT (Reuters) -Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the…

Panama offers safe passage to Venezuela’s Maduro to allow for transition

Posted on August 9, 2024 by Financial Edge Daily

PANAMA CITY (Reuters) -Panama’s President Jose Raul Mulino told broadcaster CNN on Friday he would give Venezuelan President Nicolas Maduro safe passage to act as a “bridge” to a third country in…

Israeli strike kills senior Hamas figure in south Lebanon

Posted on August 9, 2024 by Financial Edge Daily

BEIRUT (Reuters) – An Israeli airstrike on a car deep inside Lebanon killed a senior figure from Palestinian armed group Hamas on Friday evening, a Hamas source and two other security sources…

Nicaragua to expel Brazil’s ambassador as relations deteriorate

Posted on August 8, 2024 by Financial Edge Daily

By Lisandra Paraguassu BRASILIA (Reuters) – Brazil expects Nicaragua to expel its ambassador on Thursday and the Brazilian government was considering retaliating in kind, an official at Brazil’s foreign ministry said, as…

Lazard hires Guggenheim banker Haydon for private equity dealmaking, source says

Posted on August 8, 2024 by Financial Edge Daily

By David French (Reuters) – Investment bank Lazard has hired Courtney Haydon from Guggenheim Securities as a managing director to help drive dealmaking involving private equity firms and alternative asset managers, a…

Frontier beats quarterly profit estimates, defers jet deliveries

Posted on August 8, 2024 by Financial Edge Daily

(Reuters) – Frontier Group, the parent of budget carrier Frontier Airlines, beat Wall Street estimates for second-quarter profit on Thursday, and said it will defer taking deliveries of 54 Airbus jets. Airlines…

Global stock index rises with dollar, yields as data calms nerves

Posted on August 8, 2024 by Financial Edge Daily

By SinĂ©ad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -A global equities gauge was up more than 1% on Thursday after lower-than-expected U.S. unemployment claims calmed recession fears and Treasury yields rose…

NASA says Starliner astronauts could return on SpaceX in Feb 2025 if needed

Posted on August 7, 2024 by Financial Edge Daily

WASHINGTON (Reuters) – NASA said on Wednesday that astronauts delivered to the International Space Station by Boeing’s Starliner could return on SpaceX’s Crew Dragon in February 2025 if Starliner is still deemed…

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