DUBLIN (Reuters) – Ryanair said on Thursday it plans to base up to 30 new Boeing 737 MAX aircraft at Ukraine’s three main airports and fly over five million passengers a year when fighting[...]
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TSMC flags 10% fall in 2023 sales as weak global outlook weighs
By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Taiwanese chipmaker TSMC forecast a drop of around 10% in 2023 sales on Thursday and flagged investment spending at the low end of estimates as global econo[...]
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As cell-cultivated meat hits menus, investors see scaling as next hurdle
By Leah Douglas WASHINGTON (Reuters) – Cell-cultivated meat companies could receive new investment since U.S. regulators cleared the product’s sale last month, but the sector must scale up[...]
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UK antitrust regulator: We await new Microsoft proposal on Activision deal
LONDON (Reuters) – Britain’s antitrust regulator is waiting for Microsoft to submit a modified deal structure to buy “Call of Duty” maker Activision Blizzard, its boss Sarah Ca[...]
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Philip Morris beats profit estimates on easing costs, smokeless products demand
(Reuters) -Philip Morris International beat analysts’ expectations for quarterly profit and raised the lower end of its annual earnings forecast, as tobacco and labor costs ease, and demand rema[...]
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Auto supplier Magna to invest $790 million to build three new facilities
(Reuters) – Canadian auto parts maker Magna International Inc said on Thursday it will invest $790 million to build three new supplier facilities, two of which will be housed at Ford Motor Co[...]
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KeyCorp second-quarter profit halves on higher loan loss provisions
(Reuters) – KeyCorp reported on Thursday a bigger-than-expected 50% fall in quarterly profit, as it set aside more rainy day funds amid growing economic uncertainties. Shares of the company fell[...]
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Fifth Third Bancorp tops profit estimates on strong interest income
(Reuters) – Fifth Third Bancorp on Thursday posted a better-than-expected second-quarter profit, as interest rate hikes by the U.S. central bank boosted its interest income. On an adjusted basis[...]
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D.R. Horton lifts annual revenue forecast on sturdy housing demand
(Reuters) – D.R. Horton Inc on Thursday raised its forecast for full-year revenue and homes closed, benefiting from strong demand and easing shortages of labor and construction supplies, sending[...]
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