Boeing CEO presses turnaround as loss balloons to $6 billion
(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a “fundamental culture change” at the struggling planemaker…
Analysis-Retro bonds return from the ’80s to speed up debt reworks, but at a cost
By Karin Strohecker and Libby George WASHINGTON/LONDON (Reuters) – The recent cascade of countries defaulting on their debt has brought back into…
IMF urges Turkey to avoid repeat of bumper minimum wage hike
By Karin Strohecker WASHINGTON (Reuters) – Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise…
CME Group profit jumps on record trading strength
(Reuters) -CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around the U.S. monetary policy path led investors to…
ECB starting to debate if rates must fall below neutral level – Reuters
Investing.com — European Central Bank officials have begun to debate whether the time has come to start lowering interest rates to a level…
Merck buys cancer therapy developer Modifi Biosciences for up to $1.3 billion
(Reuters) – Merck has acquired Modifi Biosciences for as much as $1.3 billion, gaining access to its experimental cancer therapies, the privately…
Iberdrola gives upbeat outlook as strategy pays off
By Pietro Lombardi MADRID (Reuters) -The chief of Europe’s largest utility Iberdrola (OTC:IBDRY) gave a bullish outlook for the coming years on…
Earnings call: Cadence Bank reports steady Q3 growth, eyes future momentum
Cadence Bank (CADE) reported a solid performance in its third-quarter 2024 earnings call on October 30, 2024, with GAAP net income reaching…
Earnings call: CN reports steady growth despite macro challenges
In the third quarter of 2024, CN (Canadian National Railway (TSX:CNR) Company, ticker: CNR) reported modest financial growth and operational improvements amidst…
Earnings call: Lockheed Martin reports strong demand in Q3 2024
Lockheed Martin (NYSE: NYSE:LMT) has revealed a robust third-quarter performance for 2024, marked by a record-breaking backlog and a slight sales increase….
