(Reuters) – American Airlines Group on Wednesday cut its third-quarter adjusted profit forecast, to account for higher fuel costs and expenses related to its new collective bargaining agreement[...]
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September 13, 2023
Corporate defaults jump, highest August monthly tally since 2009 – S&P
LONDON (Reuters) – The number of new corporate defaults globally reached 16 in August, the highest August monthly number since 2009, S&P said in a report released on Wednesday, the latest si[...]
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Dollarama raises annual sales forecast as demand for essentials thrives
(Reuters) -Dollarama raised annual sales forecast on Wednesday after topping quarterly sales estimates, as Canadians lapped up the discount retailer’s cheaper offerings in response to higher pri[...]
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Tesla plans to nearly double India component sourcing to $1.9 billion – minister
NEW DELHI (Reuters) -Tesla Inc plans to source components worth $1.7-$1.9 billion from India this year, the commerce minister said on Wednesday, amid plans by the electric vehicle maker to set up a fa[...]
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BofA Global Research expects hit to U.S. GDP growth from auto workers’ strike
(Reuters) – BofA Global Research warned a full strike by United Auto Workers (UAW) would likely have an about 0.1 to 0.2 percentage points impact per week on U.S. gross domestic product (GDP) gr[...]
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Country Garden gets another debt reprieve as some offshore creditors weigh options
By Jing Bian, Xie Yu and Carolina Mandl BEIJING/HONG KONG/NEW YORK (Reuters) -Country Garden has won approval from its creditors to extend the maturity of one more onshore bond, two sources said, as t[...]
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Analysis-Peru clings to copper No. 2 spot but investment pipeline stalls
By Marco Aquino LIMA (Reuters) – Peru is clinging to its spot as the world’s No. 2 copper producer and supplier, with a bounce in mining activity helping the Andean country stay just ahead[...]
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Marketmind: CPI to set the tone
A look at the day ahead in U.S. and global markets by Samuel Indyk Even with a looming policy decision from the European Central Bank on Thursday, Wednesday’s U.S. inflation data are likely to b[...]
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Money, work, success: The secret to finding your enough
By Chris Taylor NEW YORK (Reuters) – How much is enough? Be it about money or other measures of success, that is the question Manisha Thakor faced as she approached her 50th birthday. The person[...]
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