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FAA allows United Airlines to restart certification activities May 16, 2024 09:39AM

(Reuters) - United Airlines said on Thursday the U.S. Federal Aviation Administration has permitted the carrier to restart its certification activities, including new aircraft and routes.

The airline's certification activities were suspended after the FAA said in March it was increasing its oversight of United following recent safety incidents. The aviation regulator said it would initiate a formal evaluation to ensure the Chicago-based carrier was... (continue reading...)


US single-family housing starts, permits fall in April May 16, 2024 09:22AM

WASHINGTON (Reuters) - U.S. single-family homebuilding and permits fell in April amid a resurgence in mortgage rates, but new construction remains supported by an acute shortage of houses for sale.

Single-family housing starts, which account for the bulk of homebuilding, slipped 0.4% to a seasonally adjusted annual rate of 1.031 million units last month, the Commerce Department's Census Bureau said on Thursday.

Data for March was revised... (continue reading...)


Exclusive-Turkish vice president Yilmaz sees inflation reprieve, with full Erdogan backing May 16, 2024 09:21AM

By Nevzat Devranoglu, Birsen Altayli and Jonathan Spicer

ANKARA (Reuters) - Turkish Vice President Cevdet Yilmaz expects savings from the government's new efficiency plan to outstrip estimates as it continues the fight against inflation this summer with the full backing of President Tayyip Erdogan, he told Reuters on Thursday.

Yilmaz said he expects an international crime watchdog to remove Turkey's "grey-listing" next month. Not... (continue reading...)


Emirates to resume Nigeria flights after nearly two years May 16, 2024 09:17AM

By Ope Adetayo

ABUJA (Reuters) - Dubai's Emirates airline will resume flight schedules to Nigeria from Oct. 1, it said on Thursday, ending a close to two-year halt to flights.

The United Arab Emirates (UAE) stopped issuing visas to Nigerians in 2022 after Emirates suspended flights between the nations because of an inability to repatriate funds from Nigeria.

"We are excited to resume our services to Nigeria. We thank the... (continue reading...)


Georgia's central bank spends $60 million to support lari amid political crisis May 16, 2024 09:10AM

By Felix Light and Gleb Stolyarov

TBILISI (Reuters) - Georgia's central bank said on Thursday it had spent $60 million in reserves to support the lari after a surge in demand for foreign currency, its largest such intervention since May 2021.

Georgia has been mired in a political crisis over a bill on "foreign agents" passed by parliament on Tuesday, which critics say is authoritarian and Kremlin-inspired. A senior U.S. diplomat suggested... (continue reading...)


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