Author: franperez66q@protonmail.com

An American Airlines Airbus A321 taxis at San Diego International Airport as a United Airlines airplane departs on Aug. 24, 2024 in San Diego, California.Kevin Carter | Getty Images News | Getty ImagesThe head of American Airlines’ pilots union told members that United Airlines CEO Scott Kirby’s merger idea showed the kind of “bold vision” the carrier needs, even as the union stopped short of endorsing a tie-up between the two airlines.In an email to pilots on Monday, seen by Reuters, Allied Pilots Association President Nick Silva said Kirby’s vision could be “transformative” for passengers, communities and American Airlines pilots.Silva’s message shows how Kirby’s rejected proposal has become a new…

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Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesUniCredit CEO Andrea Orcel told CNBC Tuesday that he does not foresee a future where the Italian lender fully controls Commerzbank.Orcel’s comments came as the Italian lender’s tender offer to raise its stake in the German bank kicks off. “If we get to control, which is not the expected scenario at the moment, what we would do is very clear, and the returns on that would be … very positive for our shareholders, and also for the shareholders of Commerzbank, but…

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May 5 (Reuters) – European shares nudged lower on Tuesday, with investors on edge after the U.S. and Iran launched fresh attacks in Gulf waters, while global oil prices remained elevated. The pan-European STOXX 600 was down 0.1% at 604.68 points, as of 0704 GMT, after posting its biggest drop in a month on Monday. Major regional bourses were also trading lower, with London’s down 1%. The escalation in the Middle East conflict followed U.S. President Donald Trump’s attempt to get stranded vessels through the Strait of Hormuz, which connects the Gulf to wider markets and typically carries oil and…

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Surging demand for weight loss and diabetes drugs leaves the pharmaceutical sector at risk from a “bubble effect” as profitability soars, new research suggests. Demand for the likes of Wegovy and Zepbound has driven research and development returns to their highest level in years, but a report published by Deloitte on Monday suggests this is masking pressure facing the rest of the sector. Pharmaceutical R&D returns for the world’s top 20 pharma companies have improved for a third consecutive year to 7%, thanks almost entirely to a handful of high-forecast assets such as glucagon-like peptide receptor agonists, or GLP-1s.The report found…

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A trading floor manager works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty ImagesLONDON — European stocks are expected to open mostly lower on Tuesday as investors digest the latest developments in the Iran war.The U.K.’s FTSE index is seen opening flat, Germany’s DAX and France’s CAC 40 down 0.4%, respectively, and Italy’s FTSE MIB 0.1% lower, according to data from IG.Global markets were shaken Monday as a fragile ceasefire between the U.S. and Iran appeared to be close to…

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The construction of a violin. The construction of a violin. Credit: Sotakeit/CC BY-SA 3.0 Or perhaps it was the varnish Stradivari used: a cocktail of honey, egg whites, and gum arabic. A 2022 study involving nanoscale imaging of two such instruments revealed a protein-based layer at the interface of the wood and the varnish, which may influence the wood’s natural resonance. Biochemist Joseph Nagyvary has argued that it was the chemicals used to treat the wood that give Stradivari violins their unique sound, specifically salts of copper, iron, and chromium used to preserve the wood—all of which are excellent wood…

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Global economies could be “sleepwalking” into a “big recession”, as investors continue to underplay the impact of the oil price shock, Amrita Sen, founder and director, market intelligence at Energy Aspect, told CNBC’s “Squawk Box Europe” on Monday. The S&P 500 hit a new all-time intraday high last week, with the broad market index touching 7,230.12 on May 1. That’s despite a surge in the cost of energy caused by the war in the Middle East — with oil prices soaring more than 50% since the U.S.-Iran conflict began on Feb. 28. “This has been the biggest conundrum for us…

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