American Airlines loses $1.6 billion but sees better outlook
DALLAS (AP) — American Airlines lost $1.64 billion in the first quarter, a wider loss than a year ago, but…
April 21, 2022
American Airlines Forecasts Return To Profit As Bookings Rebound
CHICAGO (Reuters) – American Airlines Group Inc became the latest carrier on Thursday to offer an upbeat outlook on bookings,…
Factbox-Who’s Who In The Generali Drama
MILAN (Reuters) – Shareholders in Assicurazioni Generali will vote on April 29 to name a new chief executive and board…
Carlsberg Expects $1.4 Billion Russia Writedown And Lowers Profit Guidance
By Jacob Gronholt-Pedersen and Nikolaj Skydsgaard COPENHAGEN (Reuters) -Carlsberg, the Western brewer most exposed to the Russian market, expects its…
EXPLAINER: What’s the impact if Europe cuts off Russian oil?
Europe is struggling to find ways to stop paying Russia $850 million a day for energy and hit the Kremlin’s…
AT&T Posts 2.5% Rise In Quarterly Core Wireless Revenue
(Reuters) -AT&T Inc on Thursday posted a 2.5% rise in core wireless revenue for the first quarter, as the telecom…
Dow Profit Jumps 58% On Higher Prices, Strong Demand
(Reuters) -Chemicals maker Dow Inc on Thursday reported an over 58% surge in first-quarter profit, helped by stronger product prices…
LVMH Eying Metaverse, But Focus On “real Products”, Says CEO
PARIS (Reuters) -Bernard Arnault, the head of luxury giant LVMH said on Thursday his business empire was eying expanding into…
Russian Cenbank Eyes Rate Cut, Warns Of Structural Economic Changes
(Reuters) – The Russian central bank will consider cutting the key interest rate from 17% at upcoming board meetings, Governor…
Nestle Fends Off Cost Inflation, Helped By Higher Prices
By Silke Koltrowitz ZURICH (Reuters) – Nestle on Thursday confirmed it expects to grow sales around 5% and keep margins…