Supply Disruptions Cloud Aerospace Outlook After Solid First Half
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.
Royal Caribbean's Loss Narrows As Customers Splurge Onboard
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.
Mastercard Warns Of Inflation Pinch After Solid Quarter For Card Issuers
Mastercard Inc warned on Thursday that runaway inflation was sapping spending from lower-income customers, after rounding out a strong quarter for card issuers.
Ukraine Appoints Anti-corruption Prosecutor, Vows To Meet EU Entry Demands
Ukraine appointed experienced investigator Oleksandr Klymenko as the head of its Specialised Anti-Corruption Prosecutor's Office on Thursday, answering a European Union request as it seeks EU membership.
Ukraine Appoints Anti-corruption Prosecutor, Answering EU Request
Ukraine confirmed experienced investigator Oleksandr Klymenko as the head of its Specialised Anti-Corruption Prosecutor's Office on Thursday, responding to a European Union request as it seeks EU membership.
BlackRock's Li Says Market Too Optimistic On European Earnings
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.
India Says It Will Protect Its Interests As Chinese Boat Heads To Sri Lanka
India, which is trying to expand its influence in crisis-hit Sri Lanka after China made deep inroads there, said on Thursday it was aware of reports about the planned visit of a Chinese vessel to a Sri Lankan port built with money from Beijing.
India On Chinese Vessel's Planned Visit To Sri Lanka: Will Safeguard Interests
India, which is trying to expand its influence in Sri Lanka amid the island's economic troubles and is worried that China is also making inroads, said on Thursday it was aware of reports about the planned visit of a Chinese vessel to Sri Lanka's Hambantota port, which was built with money from Beijing.
Biden, Xi Agree To Hold Face-to-face Summit
Biden, Xi agree to hold face-to-face summit
Macron Hosts Saudi Crown Prince With Oil, Iran, Rights On Agenda
French President Emmanuel Macron was hosting Saudi Crown Prince Mohammed bin Salman on Thursday as part of increased Western efforts to court the major oil-producing state amid the war in Ukraine and faltering talks to revive a nuclear deal with Iran.
TSX Notches 6-week High As Investors Position For Rebound
Canada's main stock index rose on Thursday to its highest level in more than six weeks as investors cheered corporate earnings results, shrugging off data that showed the U.S.
Toronto Stocks Slip As Mixed Earnings, Bausch Health Weigh
Canada's main stock index slipped on Thursday following a mixed bag of results, while gloomy forecasts by U.S.
Germany Set To Impose Gas Levy On Consumers To Support Ailing Importers
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.
Accor's Soft Outlook Offsets Revenue Jump, Shares Sink 9%
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.
Hotel Group Accor's Soft Outlook Offsets Revenue Jump, Shares Drop
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.
Wall St Gains On Hopes Of Smaller Rate Hikes As Economy Shrinks Again
Wall Street's major indexes reversed course to gain in early afternoon trading on Thursday, as a contraction in the U.S.
Wall Street Drops As Shrinking Economy Brings Recession Closer
U.S. stock indexes fell on Thursday weighed down by gloomy forecasts from Meta and Qualcomm, while an early reading showed the U.S.
Wall St Set To Open Lower After GDP Data, Meta Forecast
Wall Street's main indexes were set to open lower on Thursday following gloomy forecasts from Meta and Qualcomm, while an early reading which showed the U.S.
Harley Earnings Beat Estimates Aided By Strong Leisure Demand; Shares Soar
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 Earnings Beat Estimates Aided By Strong Leisure Demand; Shares Rise
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 Keeps Full-year Outlook As Shutdown Hits Sales
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.
The Global Recession Drum Beat Is Getting Louder
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.
Anger Grows In Haiti Over Weapons Trafficking From U.S. After Guns Shipped As Church Donations
A string of recent arms-trafficking scandals in Haiti, including the discovery of weapons in a shipping container labeled as church donations, has ignited anger over a steady flow of U.S.
Comcast Slides On Flat Q2 Subscriber Numbers In Streaming, Broadband
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 Slides On Flat Q2 Subscriber Growth In Streaming, Broadband
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 Revenue Tops Estimates As Streaming And Broadband Subscriber Growth Remain Flat
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.
Fear And Suspicion As Ukraine Hunts For Traitors In The East
As Ukraine hunts for traitors, the fear of Russian infiltration extends east, far from the capital.
Barclays Latest Global Bank Ensnared In U.S. 'Whatsapp' Probes
Barclays joined a host of European banks feeling the pinch of a U.S.
Pope Seeks Forgiveness For Sexual Abuse At Canadian Residential Schools
Pope Francis on Thursday asked for forgiveness for sexual abuse at Canadian schools for indigenous children run by Catholic orders, addressing a deep wound that many survivors wanted him to acknowledge during his apology tour in Canada.
Pope: Church Feels "burden Of Failure" Over Indigenous Schools
Pope Francis on Thursday said the Catholic Church felt "the burden of failure" for its role in running government-backed residential schools that tried to wipe out indigenous cultures and became places of abuse.