Category Archives:
Textron posts quarterly revenue beat on strong business jet demand
(Reuters) - Cessna jet maker Textron Inc reported a better-than-expected revenue on Wednesday, as a pandemic-driven demand for private jets shows little signs of cooling. The spread of the COVID-19 pa...
Jan 25, 2023
Factbox-When might the U.S. default? Timeline of key events in debt limit battle
By Gram Slattery and Karen Brettell (Reuters) - Just days into a new sitting of the U.S. Congress, lawmakers are confronting what will be perhaps the most pivotal legislative issue of 2023: the nation...
Jan 25, 2023
Top container shippers Maersk, MSC to end alliance from 2025
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Denmark's Maersk and Swiss-based MSC, the world's largest container shipping companies, said on Wednesday they had agreed to end a vessel sharing alli...
Jan 25, 2023
General Dynamics beats profit estimates on strong demand for business jets
(Reuters) - Gulfstream jet maker General Dynamics Corp on Wednesday beat Wall Street estimates for fourth-quarter profit on strong demand for business jets. Net earnings rose to $992 million, or $3.58...
Jan 25, 2023
Italy supreme court upholds nullity of ruling over Vivendi’s control of TIM
MILAN (Reuters) - Italy's supreme court upheld a ruling which had annulled a market regulator's resolution indicating French media group Vivendi was exercising 'de facto control' of Telecom Italia (TI...
Jan 25, 2023
Shah Rukh Khan’s spy film sees bumper Bollywood opening despite protests
By Shilpa Jamkhandikar MUMBAI (Reuters) - Shah Rukh Khan's Hindi spy thriller opened to packed movie theatres in India on Wednesday in one of Bollywood's top openings on record, despite protests from ...
Jan 25, 2023
Italy’s Lottomatica eyes IPO as Q4 core profit rises at least 7%
By Elisa Anzolin MILAN (Reuters) -Italian gaming company Lottomatica said it was considering a potential public listing among strategic options to support growth, as it reported a rise of at least 7% ...
Jan 25, 2023
Brazil’s economy to stay weak amid doubts over Lula’s spending push: Reuters poll
By Gabriel Burin and Valentine Hilaire BUENOS AIRES/MEXICO CITY (Reuters) - Brazil's slowing economy will likely remain weak in 2023 as a planned spending drive by newly-elected President Luiz Inacio ...
Jan 25, 2023
U.S. business equipment borrowings grow 9% in December – ELFA
(This Jan. 24 story has been corrected to say cumulative borrowings were up, not borrowings, in the second paragraph) (Reuters) - U.S. companies borrowed 9% more in December to finance equipment inves...
Jan 25, 2023
Airbus Helicopters boosts deliveries, pledges UK investment
LONDON (Reuters) - Airbus Helicopters on Wednesday posted a 2% rise in deliveries last year to 344 units, cementing its position as the world's largest commercial helicopter maker as it booked a net t...
Jan 25, 2023
Peoria, IL, USA
56 °F Partly cloudy
