Daimler Truck sales rise 1% in 2023
(Reuters) -Daimler Truck group sales grew by 1% in 2023 to 526,053 units, the German truck maker said on Monday,…
Category: Business
Goldman Sachs raises 2024 GDP growth forecast to 2.3%
(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier. “We expect much…
China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT
(Reuters) – Chinese electric car-maker BYD has held talks with Brazil’s Sigma Lithium over a possible supply agreement, joint venture…
Alaska Airlines begins preliminary inspections on up to 20 Boeing 737-9 MAX
(Reuters) – Alaska Airlines has begun preliminary inspections on some of its Boeing 737-9 MAX aircrafts this weekend, adding that…
US FAA extends Boeing MAX 9 grounding for new safety checks
By David Shepardson and Allison Lampert WASHINGTON (Reuters) – The U.S. aviation regulator on Friday extended the grounding of Boeing…
US power and natgas prices soar as extreme freeze hits natgas supplies
By Scott DiSavino (Reuters) -U.S. natural gas and power prices hit multi-year highs on Friday ahead of extreme cold that…
Microsoft edges out Apple as world’s most valuable company
By Noel Randewich (Reuters) – Microsoft’s stock market value ended a trading session higher than Apple’s for the first time…
JPMorgan’s annual profit surges to record even as quarterly net income dips
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income…
Citi to cut 20,000 jobs, posts $1.8 billion loss in ‘disappointing’ quarter
By Tatiana Bautzer and Manya Saini -Citigroup said it would cut 20,000 jobs over the next two years, acknowledging a…
Delta cuts 2024 profit outlook on higher costs, economic risks; shares fall
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Friday scaled down its profit outlook for the current year,…