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Category: Business

Newmont beats profit estimates on higher gold production
Business

Newmont beats profit estimates on higher gold production

(Reuters) -Newmont Corp beat Wall Street expectations for second-quarter profit on Wednesday, as the world’s biggest gold miner benefited from…

July 24, 2024July 24, 2024
NBA signs broadcasting deal with Disney, Amazon, Comcast
Business

NBA signs broadcasting deal with Disney, Amazon, Comcast

(Reuters) -Walt Disney’s ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association games in a…

July 24, 2024July 24, 2024
Ford profit disappoints, stock falls 12% as quality issues dog automaker
Business

Ford profit disappoints, stock falls 12% as quality issues dog automaker

By Nora Eckert and Nathan Gomes (Reuters) -Ford Motor reported a dip in second-quarter adjusted profit on Wednesday as the…

July 24, 2024July 24, 2024
Boeing exec says fair to say planemaker failed commitments to suppliers
Business

Boeing exec says fair to say planemaker failed commitments to suppliers

By Allison Lampert FARNBOROUGH, (Reuters) – A top Boeing supply chain executive said on Tuesday suppliers and airlines had the…

July 23, 2024
Visa prevented $40 billion worth of fraudulent transactions in 2023- official
Business

Visa prevented $40 billion worth of fraudulent transactions in 2023- official

JOHANNESBURG (Reuters) – Visa prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology…

July 23, 2024
Business

Theater chain AMC reaches new debt restructuring deal, shares surge

(Reuters) -AMC Entertainment Holdings has reached an agreement with creditors to extend the maturity of up to $2.45 billion of…

July 22, 2024July 22, 2024
Porsche could take stake in battery maker Varta as part of major overhaul
Business

Porsche could take stake in battery maker Varta as part of major overhaul

By Alexander Hübner MUNICH (Reuters) -German battery maker Varta on Sunday said it is discussing two restructuring scenarios that could…

July 21, 2024
Airbus says pressure on airline yields not yet impacting jet demand
Business

Airbus says pressure on airline yields not yet impacting jet demand

LONDON (Reuters) – There are some signs of a decline in airline yields but this is not yet affecting demand…

July 21, 2024
Boeing ‘fighting through challenges’ in building new Air Force One planes
Business

Boeing ‘fighting through challenges’ in building new Air Force One planes

By David Shepardson LONDON (Reuters) – The head of Boeing’s defense unit said Sunday the planemaker is still “fighting through…

July 21, 2024July 21, 2024
Boeing projects 3% hike in global airplane deliveries over next 20 years
Business

Boeing projects 3% hike in global airplane deliveries over next 20 years

By David Shepardson (Reuters) – U.S. planemaker Boeing raised its industry-wide annual 20-year forecast for new jetliner deliveries by 3%…

July 20, 2024July 20, 2024

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