By Joanna Plucinska LONDON (Reuters) -Air France-KLM said on Friday its 2023 bookings were almost back to pre-pandemic levels as it reported a better-than expected fourth-quarter operating profit with[...]
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February 17, 2023
Brazil’s Embraer delivers 159 jets in 2022, just short of forecast
SAO PAULO (Reuters) – Brazilian planemaker Embraer SA met its 2022 forecast for executive jet deliveries but fell just short of reaching previous guidance for commercial aircraft, after another[...]
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Tech giants from Google to TikTok face tougher EU rules
By Foo Yun Chee BRUSSELS (Reuters) -Tech giants including Facebook, Google, Twitter and TikTok face stricter online content rules in the European Union due to their huge number of users. The new rules[...]
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AutoNation beats profit estimates as new-vehicle demand improves
By Joseph White and Priyamvada C (Reuters) -Top U.S. auto retailer AutoNation Inc reported a better-than-expected quarterly profit on Friday as demand for new vehicles, spare parts and services offset[...]
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Safran CEO says supply chain will drive jet output hike
PARIS (Reuters) – French jet engine maker Safran on Friday backed plans by Airbus to raise its core single-aisle production above 65 jets a month, but warned that fragile global supply chains wo[...]
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Investors pull cash from classic risk plays as Fed rate picture shifts
LONDON (Reuters) – Investors turned more cautious in the week to Wednesday, according to data from Bank of America, as a run of data prompted many to raise their forecasts for how high the U.S.[...]
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Germans worry about inflation, say it causes financial pain – survey
BERLIN (Reuters) – Most Germans are worried about high inflation, and more than half of them report that rising prices are making them struggle financially, an international survey by Dynata sho[...]
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Mercedes-Benz eyes more direct sales amid earnings pressure
By Victoria Waldersee STUTTGART (Reuters) -Mercedes-Benz Group on Friday warned of lower earnings this year amid economic uncertainty, and said it would look to sell more vehicles directly in major ma[...]
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U.S. bond funds see first weekly outflow in six weeks on rate hike concerns
(Reuters) – U.S. bond funds witnessed their first weekly net selling in six weeks in the seven days to Feb. 15 as bond yields climbed on concerns over more Federal Reserve tightening after data[...]
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