Dollar Tree cuts annual profit forecast on slowing demand
(Reuters) – Dollar Tree Inc on Thursday cut its annual profit forecast as high inflation dampens demand for higher-margin items…
Lufthansa CEO heading to Rome to discuss ITA Airways deal -Ansa news agency
(Reuters) – Lufthansa CEO Carsten Spohr is heading to Rome to discuss taking a planned stake in ITA-Airways, Italian Economy…
Switzerland speeds up work on liquidity backstop after Credit Suisse crash
(Reuters) – The Swiss government on Thursday moved to speed up work on extending a public liquidity backstop Credit Suisse…
Stellantis invests in US start-up Lyten to develop lithium-sulfur batteries
(Reuters) – Stellantis has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight composites…
Medtronic forecasts annual profit below estimates
(Reuters) – Medtronic Plc on Thursday forecast annual profit below Wall Street estimates, as the medical device maker expects stronger…
Royal Bank of Canada, CIBC report fall in earnings on higher provisions
(Reuters) – Royal Bank of Canada and CIBC reported a drop in second-quarter profit on Thursday, as tough economic conditions…
Blockchain.com CEO says US default would hit crypto initially
(Reuters) – A U.S. government default would trigger an initial pull-back from crypto currencies followed by a “push upward” the…
Embraer backs jet engine maker Pratt & Whitney
(Reuters) – Brazil’s Embraer voiced “full support” for Pratt & Whitney as it battles durability problems on its latest jet…
Generali confirms strategic targets, Q1 net income rises sharply
Generali (BIT:GASI) (OTC:ARZGY) confirmed its strategic targets after reporting growth numbers in the first quarter. After starting positively, the stock…
Thailand air force says U.S. has denied request to buy F-35 jets
(Reuters) – The United States has declined to sell its F-35 stealth fighter jets to Thailand over issues with training…