Air Canada raises full-year core profit outlook on strong demand
(Reuters) -Air Canada on Thursday raised its full-year forecast for core profit, citing a stronger-than-anticipated demand environment and lower-than-expected fuel…
May 2023
Apple stakes future growth on emerging markets, starting with India
By Stephen Nellis (Reuters) -When Apple Inc surprised investors this week with a rise in iPhone sales despite a slump…
Spain gives Vivendi approval to raise stake in media group Prisa
MADRID (Reuters) – Spanish media company Prisa said on Friday its second-largest shareholder Vivendi, had obtained the Spanish government’s go-ahead…
After acrimonious resignation, Pope tells abuse commission to ‘move forward’
By Philip Pullella VATICAN CITY (Reuters) -Pope Francis on Friday praised the work of an international Vatican commission on sexual…
Cigna’s health insurance strength drives profit forecast raise
By Leroy Leo and Khushi Mandowara (Reuters) -Cigna Group on Friday raised its annual profit forecast after lower medical costs…
Brazil’s Haddad backs longer-term target for inflation, no talk of goal change
BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that he favored taking a long-term view of inflation…
Spain’s unions and employers agree to raise wages by 4% in 2023
MADRID (Reuters) – Spain’s main unions and representatives of employers reached a preliminary agreement on Friday to grant a 4%…
Carvana shares soar on upbeat forecast, short squeeze
By Kannaki Deka (Reuters) – Carvana Co’s shares soared as much as 55% on Friday after the struggling online used-car…
Canada’s jobs market stays resilient despite signs of cooling economy
By Ismail Shakil OTTAWA (Reuters) -Canada’s economy added far more jobs than expected in April and the jobless rate stayed…
US restaurants finally get labor relief with more workers seeking jobs
By Hilary Russ NEW YORK (Reuters) – More job seekers are filling out applications to sling Big Macs at McDonald’s,…