Major aerospace companies are sounding the alarm on their supply chains as shortages ranging from raw materials to castings or semiconductor chips pressure earnings and crimp the industry's ability to capitalize on roaring travel demand.
Cruise operator Royal Caribbean Group on Thursday reported a smaller-than-expected quarterly loss as bookings rebounded and travelers splurged on cabanas, spa treatments and watches while onboard.
Financial markets are too optimistic on the outlook for European earnings, given growing recession risks exacerbated by an energy crisis, BlackRock Investment Institute's global chief investment strategist said on Thursday.
Rihanna has a net worth of $1.4 billion, while A$AP Rocky has a net worth of $10 million.
US airline JetBlue announces $3.8 bn acquisition of Spirit
Biden, Xi agree to hold face-to-face summit
Germany is set to impose a levy on all gas consumers from Oct. 1 aimed at helping suppliers struggling with soaring gas import prices, a draft law showed on Thursday.
Europe's biggest hotel group Accor's shares sank more than 9% on Thursday after giving a disappointing 2022 profit outlook that overshadowed a big jump in half-year revenue.
Europe's biggest hotel group Accor's shares shed 7% on Thursday after a disappointing 2022 profit outlook overshadowed a big jump in half-year revenue.
U.S. stocks rose sharply for a second day Thursday as data showing a contraction in the U.S.
Harley-Davidson Inc. reported a rise in profit in the second quarter on Thursday, beating analyst estimates and sending shares up nearly 7% despite a two-week production shutdown that suspended bike shipments in mid-May.
Harley-Davidson Inc reported a rise in profit in the second quarter on Thursday, beating analyst estimates and sending shares up 5% in pre-market trading, despite a two-week production shutdown that suspended bike shipments in mid-May.
Harley-Davidson Inc. posted a rise in profit and maintained its full-year revenue outlook on Thursday even as a two-week production shutdown hurt second-quarter sales.
Sharply higher interest rates, red-hot inflation and a prolonged energy crisis are leading to conviction that the world economy is headed inexorably towards recession.
Comcast Corp said on Thursday subscriber numbers in its broadband and streaming businesses in the second quarter remained steady, sending the shares of the media company down more than 9% in early trading.
Comcast Corp said on Thursday subscriber growth in its broadband and streaming businesses in the second quarter remained flat, sending the shares of the media company down about 6% in trading before the bell.
Comcast Corp's second quarter revenue beat Wall Street estimates on Thursday, lifted by the NBCUniversal media business and a continued recovery in theme park attendance and box office ticket sales.
Some of Rivian’s workforce departments grew too fast in the last year.
In energy-starved South Africa, whites-only town basks in solar power
China's industry minister faces corruption probe
Northrop Grumman Corp missed estimates for quarterly sales on Thursday, as sustained labor shortages and global supply chain issues dent deliveries for the U.S. weapons maker.
Northrop Grumman Corp reported a 3.8% fall in quarterly sales on Thursday, as sustained labor shortages and global supply chain issues dent deliveries for the U.S. weapons maker.
U.S. seniors tell pollsters that high inflation is one of their top worries - and that makes sense.
Private-equity firm Carlyle Group Inc said on Thursday its second-quarter distributable earnings rose 34%, driven by asset sales that were completed even as markets nosedived.
Three foreign climbers feared dead on Pakistani peaks
China lockdown, chip shortage hit Nissan profits
Retailer Casino said on Thursday it was confident it would execute its disposal plan to reduce debt as planned after sealing a deal to sell its majority stake in its renewable energy business GreenYellow.
Europe's biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices.
Asian tech firms from chipmaker Samsung to display panel maker LG Display warned of a sharp slowdown in demand for smartphones, TVs and gadgets as surging inflation and deepening concerns of a recession crimp consumer spending.
Taiwan's China Airlines Ltd is "actively" looking at options to replace its ageing fleet of 22 Airbus SE A330 widebodies and is also starting to examine next-generation freighter planes, the company's president told Reuters.
