MADRID (Reuters) – Amazon and German car maker BMW have won a lawsuit in Spain against four sellers of counterfeit BMW merchandise, the U.S. online retailer said in a statement on its website on[...]
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February 8, 2024
Spirit Airlines calls speculation about its future ‘misguided narrative’
By Rajesh Kumar Singh and Shivansh Tiwary (Reuters) -Spirit Airlines on Thursday dismissed speculation about its future as a “misguided narrative,” saying the ultra-low-cost carrier has bo[...]
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Prosecutors to appeal after Samsung chief Lee cleared over 2015 merger case
SEOUL (Reuters) – South Korean prosecutors will appeal a court decision to clear Samsung Electronics Chairman Jay Y. Lee of charges including accounting fraud and stock manipulation in a case re[...]
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Harley-Davidson forecasts 2024 motorcycle revenue below estimates
By Kannaki Deka (Reuters) -Harley-Davidson on Thursday forecast full-year revenue for its motorcycle segment to be flat to down 9% from a year earlier, largely below analysts’ expectations, as a[...]
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Arm shares soar as AI-fueled boom brightens growth prospects
By Samrhitha A (Reuters) -Arm Holdings shares surged more than 55% on Thursday, on track for their best day since a blockbuster market debut in September, powered by strong forecasts on demand for its[...]
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L’Oreal Q4 sales up 6.9% despite decline in North Asia
By Mimosa Spencer PARIS (Reuters) – Cosmetics group L’Oreal reported a 6.9% rise in fourth quarter sales, slower growth than in the previous quarter, as its travel retail business continued to f[...]
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Bombardier free cash flow forecast short of expectations, shares fall
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Canada’s Bombardier on Thursday forecast 2024 free cash flow, a metric watched closely by investors, that was below analysts’ estimat[...]
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US FAA to investigate collision between two JetBlue planes
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it will investigate the collision between two JetBlue Airways planes on the tarmac at Boston Lo[...]
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Weak IQOS shipments drive Philip Morris’ Q4 disappointment
By Granth Vanaik and Emma Rumney (Reuters) -Philip Morris International on Thursday missed estimates for fourth quarter profit and forecasts for 2024, with slowing sales of its flagship heated tobacco[...]
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