Category Archives:
Analysis-Foreign pilots rush in as U.S. carriers struggle to staff up
By Rajesh Kumar Singh and Allison Lampert (Reuters) - Pilots are back in demand in the United States. But carriers cannot find enough of them, so foreign pilots are rushing to fill the empty cockpits....
May 03, 2022
Estee Lauder cuts annual sales forecast on China COVID curbs, Ukraine crisis
(Reuters) -Estee Lauder Cos Inc cut its full-year sales forecast on Tuesday, as fresh COVID-19 restrictions in China and Russia's invasion of Ukraine dampen demand for the cosmetics maker's luxury pro...
May 03, 2022
Pfizer keeps sales forecast for COVID antiviral pill unchanged
(Reuters) -Pfizer Inc on Tuesday stuck to its annual sales forecasts for its COVID-19 antiviral pill Paxlovid and its vaccines as it faces tepid demand. The company said it expects $22 billion in Paxl...
May 03, 2022
Marathon Petroleum posts profit as fuel demand nears pre-COVID levels
(Reuters) - U.S. refiner Marathon Petroleum Corp posted a first-quarter profit on Tuesday, compared with a loss a year earlier, as demand for fuel and refined products recovered to near pre-pandemic l...
May 03, 2022
Thomson Reuters reports higher first-quarter revenues and operating profit
NEW YORK (Reuters) - Thomson Reuters Corp on Tuesday reported higher revenues and operating profit in the first quarter and raised its full-year revenue forecast. It reported adjusted earnings of 66 c...
May 03, 2022
Burger King parent Restaurant Brands tops quarterly sales estimates
(Reuters) - Restaurant Brands International Inc, beat estimates for quarterly revenue on Tuesday, boosted by higher prices and increased traffic at the Burger King parent's restaurant chains as more c...
May 03, 2022
Lessor Avolon records $304 million impairment over Russian aircraft
DUBLIN (Reuters) - Major aircraft lessor Avolon recorded a first-quarter impairment of $304 million to cover the full financial impact of having 10 jets stuck in Russia following European Union sancti...
May 03, 2022
DuPont profit falls on higher material costs
(Reuters) - Industrial materials maker DuPont de Nemours reported a fall in first-quarter profit on Tuesday, hurt by headwinds related to raw material and logistic costs. The profit declined despite t...
May 03, 2022
Hilton posts profit as travel demand rebounds
(Corrects paragraph 2 to remove extraneous word) (Reuters) -Hilton Worldwide Holdings Inc reported a quarterly profit on Tuesday, compared with a year-earlier loss, following a rebound in travel deman...
May 03, 2022
Russian retailers in talks to import goods via Kazakhstan -report
ALMATY (Reuters) - Russian retailers Magnit and Lenta are in talks with their suppliers and other parties about importing goods via Kazakhstan, Russia's southern neighbour and close partner, a Kazakh ...
May 03, 2022
Wed May 13
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