Coronavirus

Wizz Air sees summer capacity close to pre-pandemic levels

Wizz Air (WIZZ.L) expects capacity to ramp up to between 90% and 100% of pre-pandemic levels in July and August…

4 years ago

Microsoft sees steady cloud growth after record quarterly profit

Microsoft Corp (MSFT.O) posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC…

4 years ago

EXCLUSIVE Rivian ready to invest $5 billion in second U.S. assembly plant -document

Amazon.com Inc (AMZN.O)-backed Rivian plans to invest $5 billion initially in its second U.S. electric vehicle assembly plant, according to…

4 years ago

BASF reports second-quarter beat, says no Delta impact so far

The world's largest chemical producer BASF (BASFn.DE) reported a better-than-expected second-quarter net profit on Wednesday, saying the spread of Delta…

4 years ago

Australian CPI blows hot in Q2, core inflation far cooler

Australia's consumer prices rose at the fastest annual pace in almost 13 years last quarter as petrol jumped and government…

4 years ago

Asia shares sit at 2021 lows ahead of Fed verdict

Asian shares stayed stuck at seven-month lows on Wednesday, as markets continued to digest a storm in Chinese equity markets,…

4 years ago

Oreo maker sweetens sales outlook as emerging markets bounce back

Mondelez International Inc (MDLZ.O) raised its full-year organic revenue forecast on Tuesday, as more consumers snacked on the food giant's…

4 years ago

Visa gets vaccine boost as domestic spending back near pre-COVID levels

Visa Inc (V.N) beat estimates for quarterly profit on Tuesday, with domestic spending almost back to pre-pandemic levels and international…

4 years ago

Mattel expects strong holiday season as Barbie demand swells

Mattel Inc (MAT.O) raised its full-year sales forecast on Tuesday, expecting sustained robust demand for its Barbie and Hot Wheels…

4 years ago

Analysis: Ten-year Treasuries at 2%? Bring it on, investors say

A bet on 10-year U.S. bond yields rising to 2% was meant to be the slam-dunk trade of 2021. It…

4 years ago