MUMBAI, Feb 14 Reuters India39;s Adani Green Energy is likely to raise 500 million by issuing dollar bonds in March, two officials aware of the plans said, making it the first Adani group company to return to the overseas bond market in a year. The company is doing the groundwork and talking to investors to get […]

Reuters MGM Resorts International beat market expectations for fourthquarter on Tuesday, as its China business benefited from th removal of certain pandemicrelated restrictions in gambling hub Macau. Travel rebound in China and Macau has been a tailwind for casino operators such as MGM and Wynn Resorts. Premium positioning and offerings in Las Vegas enable us to […]

Shortterm rental company Airbnb forecast firstquarter revenue above Wall Street estimates on Tuesday, as it expects a boost from strong crossborder travel and longerduration bookings. International travel demand is expected to remain strong this year as global air connectivity increases and travelers flock to Asian and Latin American countries, while domestic travel demand plateaus in North […]

Reuters Lyft beat estimates for quarterly profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as it cut costs and became more competitive with larger rideshare rival Uber. Shares were up 17 in late afterhours trade, despite a major gaffe Lyft39;s said incorrectly in a statement that […]

Reuters Performers of Disney39;s cartoon characters such as Mickey, Donald and Goofy at its Disneyland theme park are looking to join Actors39; Equity Association, a labor union representing those who work in live theatrical performance. The union said on Tuesday it would seek voluntary recognition from Disney Resort Entertainment when a majority of the workers have […]

Feb 13 Reuters VF Corp, the owner of the North Face, Vans and Timberland brands, said on Tuesday it will appoint one new board member and select a second with input from activist investor Engaged Capital. Engaged, which has a 1.3 stake in VF, has been pushing for board representation and further restructuring since disclosing […]

Feb 14 Reuters China39;s BYD Co Ltd will set up a new electric vehicle EV factory in Mexico, Nikkei reported on Wednesday, citing the company39;s Mexico head, as the EV maker aims to establish an export hub to the United States. BYD, known for its cheaper models and a more varied lineup, recently overtook its […]

TOKYO, Feb 14 Reuters Japan39;s Rakuten Group reported on Wednesday a smaller fourthquarter loss, helped by a stronger performance by its ecommerce and fintech businesses but the result fell short of expectations. The operating loss of 33.3 billion yen 221 million was an improvement on a 54 billion yen loss in the third quarter and less […]