By Niket Nishant and Akash Sriram (Reuters) – Companies that have been spending actively in pursuit of growth opportunities will…
Struggling aerospace suppliers may not be able to support jet output hikes – survey
(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk”…
Germany dashes hopes for new EU common borrowing
By Maria Martinez and Jan Strupczewski BERLIN (Reuters) – Hopes for new joint European Union borrowing to support Europe’s green…
Bank of America plans job cuts in its investment bank – Bloomberg News
(Reuters) -Bank of America is planning to cut jobs in its investment bank, Bloomberg News reported on Thursday, which would…
Lufthansa cancels more than 1,300 flights on Friday due to strikes
BERLIN (Reuters) – Lufthansa has cancelled more than 1,300 flights on Friday, including all flights at the Frankfurt and Munich…
Hasbro forecasts gloomy 2023 as inflation pummels toy demand
By Deborah Mary Sophia (Reuters) -Hasbro Inc forecast annual sales and profit below Wall Street estimates on Thursday, hammered by…
U.S. household debt jumps to $16.90 trillion
By Lindsay Dunsmuir (Reuters) – U.S. household debt jumped to a record $16.90 trillion from October through December last year,…
Garuda Indonesia wins lawsuit in Paris court against lessors
JAKARTA (Reuters) – State flag carrier Garuda Indonesia said in a statement on Thursday it had won a lawsuit in…
Renault restores dividends on improving outlook
By Gilles Guillaume and Ingrid Melander BOULOGNE-BILLANCOURT, France (Reuters) – French carmaker Renault announced a dividend for the first time…
WeWork issues glum revenue forecast as tech layoffs hurt
By Kannaki Deka (Reuters) – WeWork Inc on Thursday forecast lower-than-expected revenue for the current quarter, signaling that its business…