By Federica Mileo (Reuters) – Air France-KLM on Friday reported a steeper than expected operating loss for the first quarter and trimmed its capacity outlook for 2023 despite strong summer booki[...]
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May 5, 2023
France’s financial prosecution office probing Thales – source
PARIS (Reuters) – France’s financial prosecution office is investigating arms maker Thales, a source close to the matter told Reuters, after a radio station earlier reported on a probe int[...]
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Warner Bros Discovery’s surprise loss clouds strong streaming unit show
(Reuters) -Warner Bros Discovery Inc posted a quarterly loss on Friday on costs tied to its 2022 merger, taking the shine off the first profit for its streaming business and sending the company’[...]
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US equity funds record biggest weekly outflow in five weeks
(Reuters) – U.S. equity funds witnessed massive outflows in the week to May 3, undermined by uncertainty over U.S. debt ceiling, caution about the Federal Reserve’s policy meeting and a se[...]
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Global equity funds see biggest weekly outflow in five weeks
(Reuters) – Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and worries over a recession as investors were fretted about the likelihood of interest[...]
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PBF Energy beats quarterly profit estimates on strong margins, boosts buyback plan
(Reuters) -U.S. refiner PBF Energy Inc beat estimates for first-quarter profit on Friday, aided by higher margins amid tight supplies and strong demand for fuel, as well as boosted its share buyback a[...]
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As sales decline, Adidas faces pressure to find Yeezy fix
By Helen Reid LONDON (Reuters) – Adidas is set to update investors on Friday about the unsold Yeezy shoes that have put the German sportswear giant in a predicament since it cut ties with Kanye[...]
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European airlines see strong summer bookings, hope to avert chaos
By Sarah Young and Federica Mileo LONDON/PARIS (Reuters) – British Airways-owner IAG and Air France-KLM reported bumper summer bookings as travellers pressed ahead with holiday plans despite a c[...]
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Chinese courier giant SF aims to raise up to $3 billion in Hong Kong listing – sources
By Julie Zhu and Scott Murdoch HONG KONG/SYDNEY (Reuters) – China’s largest express delivery company SF Holding Co Ltd plans to raise up to $3 billion in a second listing in Hong Kong as s[...]
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