(Reuters) – United Airlines Holdings (UAL.O) on Wednesday forecast a bigger drop in third-quarter passenger revenue than its own expectations and said it would look…
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Macy's warns of up to $1 billion quarterly loss due to lockdowns
(Reuters) – Macy’s Inc (M.N) said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the…
View More Macy's warns of up to $1 billion quarterly loss due to lockdowns
Rathbone posts drop in funds under management at March 31; sees inflows picking up
(Reuters) – Rathbone Brothers (RAT.L) on Thursday posted a 15.4% slump in funds under management as of the end of March due to the coronavirus-led…
View More Rathbone posts drop in funds under management at March 31; sees inflows picking up
Delta predicts 2020 profit growth; CEO says more people turning to air travel
CHICAGO (Reuters) – Delta Air Lines Inc (DAL.N) sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian…
View More Delta predicts 2020 profit growth; CEO says more people turning to air travel
U.S.-China tariffs drag global growth to lowest in a decade: IMF
WASHINGTON (Reuters) – The U.S.-China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the International Monetary Fund…
View More U.S.-China tariffs drag global growth to lowest in a decade: IMF
China's 'Gen Z' shoppers fuelling luxury market momentum: Bain
PARIS (Reuters) – Chinese “Gen Z” shoppers in their early 20s are emerging as an increasingly powerful force in the luxury industry as brands try…
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Insurer Just Group shares tumble as first-quarter sales drop, shuts U.S. business
LONDON (Reuters) – Shares in specialist pension provider Just Group fell more than 7% on Thursday after it posted a 59% drop in first-quarter sales…
View More Insurer Just Group shares tumble as first-quarter sales drop, shuts U.S. business
Insurer Just Group shares tumble as first-quarter sales drop, shuts U.S. business
LONDON (Reuters) – Shares in specialist pension provider Just Group fell more than 7% on Thursday after it posted a 59% drop in first-quarter sales…
View More Insurer Just Group shares tumble as first-quarter sales drop, shuts U.S. business
Just Group to shut U.S. operations as first-quarter sales drop
LONDON (Reuters) – Specialist pension provider Just Group said on Thursday it would shut its loss-making U.S. operations as part of a cost-cutting program, as…
View More Just Group to shut U.S. operations as first-quarter sales drop
JPMorgan's Dimon says bad mortgage rules hindering growth of U.S. economy
(Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon said on Thursday bad mortgage rules were hindering the growth of the U.S. economy and…
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GE's CEO warns of negative industrial cash flow in 2019, shares drop
(Reuters) – General Electric Co’s chief executive surprised investors on Tuesday by forecasting a net cash outflow from the conglomerate’s industrial businesses this year, a…
View More GE's CEO warns of negative industrial cash flow in 2019, shares drop
JBS shares up on strong third-quarter results, U.S. listing plan reaffirmed
SAO PAULO (Reuters) – JBS SA (JBSS3.SA), the world’s largest meat company by sales, reported stronger than anticipated results on the strength of its Brazilian…
View More JBS shares up on strong third-quarter results, U.S. listing plan reaffirmed