(Reuters) -Boeing Co has started delivering reworked 737 jets to customers after a manufacturing snafu forced a brief halt but the top end of its full-year free cash flow forecast was a “bit pressured”, its finance chief said on Thursday. The resumption should help achieve the goal of 400-450 deliveries of the jet this year,…
By Raphael Satter and James Pearson LONDON (Reuters) – Researchers have discovered Israeli-made Pegasus phone hacking software deployed against targets across Armenia, including reporters at a U.S. government-funded news organization, a report released on Thursday found. A team of researchers from digital rights group Access Now, human rights organization Amnesty International, Canadian internet watchdog Citizen…
MILAN (Reuters) -Italy’s Armani Group said on Thursday its sales jumped 18% in the first quarter thanks to a rebound in Asia and more modest growth in the United States, where a slowdown is expected in the coming months. The privately-owned luxury group added that its 2022 full year revenues were up 16.5% to 2.35…
WASHINGTON (Reuters) – U.S. Representative Kevin Hern, who leads the largest Republican caucus, said on Thursday that he believed a deal to raise the nation’s debt-ceiling deal was “likely” by Friday afternoon. “We are inching closer to a deal. I think it’s some of the finer points they are working on right now,” Hern told…
By Deborah Mary Sophia (Reuters) -Ralph Lauren Corp beat profit estimates and reported a surprise rise in fourth-quarter revenue on Thursday as its new seasonal collections resonated with affluent shoppers at a time when luxury spending has cooled in the United States. The company’s shares rose nearly 8% after it also posted a more than…
(Reuters) -Nasdaq-listed Yandex on Thursday said it had received proposals from a number of investors for stakes in its Russia-based businesses, as it progresses a restructuring process that will see the company spin-off some assets. Since Moscow invaded Ukraine in February 2022, Yandex, while not itself under sanctions, has struggled to balance domestic pressure with…
By Andrew Mills DOHA (Reuters) – A U.S. government default would trigger an initial pull-back from crypto currencies followed by a “push upward” the CEO of London-based crypto firm Blockchain.com said on Thursday. The U.S. government could fall behind on its bills next month – and even default on its debt – if Congress does…
By Anait Miridzhanian, Bhargav Acharya and Kopano Gumbi PRETORIA (Reuters) -South Africa’s central bank raised its main interest rate on Thursday to a 14-year high, a move Governor Lesetja Kganyago described as “bitter medicine” needed to tame inflation. The bank lifted rates by 50 basis points to 8.25% as it raised its inflation forecasts for…
By Svea Herbst-Bayliss NEW YORK (Reuters) – The activist investor pushing for board seats at Freshpet Inc wants the pet food company to roll back a recent governance change and said it may take the matter to court unless the decision is reversed, according to a letter seen by Reuters. Jana Partners, Freshpet’s largest investor…
By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) -South Korea’s domestically made space rocket delivered a commercial grade satellite into orbit for the first time on Thursday, the country’s science minister said, a breakthrough in its ambitions to compete in a space race with its Asian neighbours. The Nuri rocket lifted off from Naro Space…
