(Reuters) -Corteva cut its annual sales and operating earnings forecasts on Wednesday as the U.S. agrichemicals maker faces declining prices at its crop protection unit, sending its shares down 5.7% i[...]
Read more
July 31, 2024
US carriers Delta and United to suspend flights to Tel Aviv
CHICAGO (Reuters) – U.S. legacy carriers United Airlines and Delta Air said on Wednesday they will suspend their flights to Tel Aviv, Israel due to security concerns. “We continue to close[...]
Read more
Tumbling lithium prices push Albemarle to fresh round of cost cuts
By Ernest Scheyder (Reuters) – Albemarle, the world’s largest lithium producer, said on Wednesday it would slash costs for the second time this year and that everything but its dividend co[...]
Read more
Apex Capital Trust submits bid to acquire Paramount Global for up to $43 billion
(Reuters) – (Reuters is withdrawing this story pending further investigation about the legitimacy of the bid. More reporting will follow.) July 31 (Reuters) – STORY_NUMBER: L4N3JN201 STORY[...]
Read more
US airlines jump on the premium-seat bandwagon
By Rajesh Kumar Singh CHICAGO (Reuters) – Demand for high-end travel is booming, and U.S. carriers are in a rush to seize on it. Airlines are adding more comfortable and bigger seats on their pl[...]
Read more
AIG misses profit estimates on lower underwriting income, catastrophe losses
(Reuters) – American International Group reported a smaller-than-expected rise in second-quarter profit on Wednesday, hurt by lower underwriting income in its general insurance unit tied to dive[...]
Read more
Italy’s Bending Spoons buys file sharing service WeTransfer
MILAN (Reuters) – Italian app developer Bending Spoons has bought file-sharing platform WeTransfer, the companies said in a joint statement on Wednesday, as the Milan-based tech company presses[...]
Read more
Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles
By Nicole Jao NEW YORK (Reuters) -Oil prices rose nearly 3% on Wednesday as investors worried the conflict in the Middle East could widen after the killing of a Hamas leader in Iran, and after a sharp[...]
Read more
Carvana forecasts 2024 core profit above Wall Street expectations
(Reuters) – Carvana forecast annual core profit above analysts’ expectations on Wednesday, driven by strong demand for its used vehicles and improved inventory management, which helped the[...]
Read more