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Delta seeks new Seattle flight as airlines jockey over DC slots Jun 6, 2024 07:05AM

By David Shepardson

WASHINGTON (Reuters) - Delta Air Lines plans to announce on Thursday it will apply for a new flight between Seattle and Washington Reagan National Airport as airlines battle over five new daily flights.

On May 16, U.S. President Joe Biden signed legislation creating the new flights at the busy airport in Arlington, Virginia. The law requires the U.S. Transportation Department to award the new flights by mid-July.

... (continue reading...)
Bolivian scientists to track glacial changes at high speed with new equipment Jun 6, 2024 07:08AM

LA PAZ (Reuters) - Scientists in Bolivia are hoping to track glacial changes at lightning speed.

New scientific equipment being installed at the country's Huayna Potosi mountain peak will provide real-time measurements of glaciers' mass compared to much slower older methods.

Edson Ramirez, a glaciologist at Bolivia's Higher University of San Andres, said the equipment could make hourly measurements of glacial mass compared to classic... (continue reading...)


Robinhood bets big on crypto with $200 million deal for Bitstamp Jun 6, 2024 07:01AM

By Manya Saini

(Reuters) - Trading platform Robinhood Markets said on Thursday it has agreed to buy cryptocurrency exchange Bitstamp for around $200 million in cash, speeding up a broader push into digital assets with its biggest ever deal.

The 11-year old trading app, popular among retail traders, has been looking to expand its product offerings to mature into a full-fledged financial services provider.

The acquisition of... (continue reading...)


MNC Capital raises offer to acquire Vista Outdoor to over $3 billion Jun 6, 2024 06:56AM

(Reuters) - Investment firm MNC Capital has raised its offer to acquire sporting and outdoor goods company Vista Outdoor to $39.50 per share, or over $3 billion, the investment firm said on Thursday.

Shares of Vista Outdoor rose 8.4% to $37.34 in premarket trading.

Vista Outdoor had rejected MNC Capital's proposal in May, despite engaging with the investment firm to increase its bid of $37.50 per share, saying it undervalued the... (continue reading...)


As ties thaw with Saudi Arabia, thousands of Syrians fly there for haj Jun 6, 2024 06:55AM

DAMASCUS (Reuters) - For the first time in more than a decade, thousands of Syrians are travelling directly from government-held parts of Syria to Saudi Arabia for the Haj rituals, a signal of Syrian President Bashar al-Assad's gradual reintegration into the Arab fold.

After Syria's conflict erupted in 2011, Saudi Arabia cut ties with Assad and backed figures opposed to him - including by granting Syria's opposition thousands of visas to be distributed... (continue reading...)


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