By Indradip Ghosh and Leika Kihara BENGALURU/TOKYO (Reuters) -Global factory activity offered signs of recovery last month as contraction slowed in the euro zone and manufacturing activity in most of[...]
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June 3, 2024
JetBlue forecasts improved second-quarter revenue on healthy travel demand
(Reuters) -JetBlue Airways on Monday forecast a smaller drop in second-quarter revenue than it had previously forecast due to healthy travel demand, sending its shares up about 5% in early trading. Ma[...]
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Spirit Airlines finance chief to join car rental firm Hertz
(Reuters) -Spirit Airlines CFO Scott Haralson is leaving the airline to join car rental company Hertz Global Holdings as its finance chief, the companies said on Monday. Shares of both Spirit and Hert[...]
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Brazil’s economy forecast to have picked up pace in first quarter
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is forecast to have picked up pace in the first quarter of the year, a Reuters poll showed, driven by an increase in federal outl[...]
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Global airlines raise 2024 profit outlook as travel soars
By Tim Hepher and Lisa Barrington DUBAI (Reuters) -Global airlines on Monday raised their profit forecast for 2024 and projected industry wide revenues just shy of $1 trillion as a record number of tr[...]
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Exclusive-Arm aims to capture 50% of PC market in five years, CEO says
By Max A. Cherney TAIPEI -Arm Holdings aims to gain more than 50% of the Windows PC market in five years, the chip designer’s CEO said, as Microsoft and its hardware partners prepare to launch a[...]
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Nvidia leads global market cap gainers in May with AI-driven rally
(Reuters) – Nvidia led global companies in market cap gains in May, buoyed by a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven surge in chip demand[...]
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Morning Bid: Wall St eyes election-strewn June, jobs week
A look at the day ahead in U.S. and global markets from Mike Dolan June kicks off with a series of big election results around the world – with big landslides unfolding for favoured candidates i[...]
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Ericsson says U.S. anti-corruption compliance monitoring has ended
COPENHAGEN (Reuters) – Sweden’s Ericsson said on Monday that a four-year programme to monitor the company’s compliance with a U.S. anti-corruption agreement had ended on June 2. The[...]
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