News & Analytic Centre

Air Canada announces share buybacks Carrier reports quarterly earnings ahead of expectations Air Canada raises core profit forecast Nov 1 Reuters Air Canada on Friday raised its annual core profit forecast and announced share buybacks, as the country39;s largest carrier benefits from strong demand for international travel, sending its shares up over 10 in morning Toronto […]

Nov 1 Reuters Cboe Global Markets reported better than expected thirdquarter profit on Friday, helped by strong options trading as investors actively hedged against geopolitical and economic uncertainties. A robust equities market, shifts in the U.S. Federal Reserve39;s key policy rates and the potential economic fallout from the Middle East conflict have investors and portfolio managers […]

PepsiCo was accused of polluting Buffalo39;s water supply Judge criticizes Attorney General Letitia James for suing James disappointed with decision, reviewing options PepsiCo emphasizes commitment to plastics reduction NEW YORK, Nov 1 Reuters PepsiCo won the dismissal of New York39;s lawsuit accusing the beverage and snackfood company of polluting the environment with singleuse plastic packaging, as […]

Nov 4 Reuters Southwest Airlines on Monday named aviation industry veteran Rakesh Gangwal as the independent chair to its board, days after the budget carrier settled its feud with activist investor Elliott. The airline brought in the cofounder of India39;s largest carrier Indigo to its board in July despite criticism from Elliott Investment Management at the time. […]

Nov 4 Reuters UKbased Anglo American said on Monday that it will sell its minority stake in a joint venture that owns a 70 interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, for A1.6 billion about 1.1 billion. The company, which owns 33.3 of Jellinbah Group the operator of the Queenslandbased […]

COPENHAGEN, Nov 4 Reuters Volvo Cars39; sales rose 3 yearonyear in October to 61,686 cars driven primarily by an increase in sales of fully electric and plugin hybrid models in Europe, the Swedenbased automaker said on Monday. Volvo Cars, which is majorityowned by China39;s Geely Holding, said in a statement that sales in Europe, its biggest […]

BEIJING, Nov 4 Reuters U.S. automaker Tesla sold 68,280 Chinamade electric vehicles in October, down 5.3 from a year earlier, data from the China Passenger Car Association CPCA showed on Monday. Deliveries of Chinamade Model 3 and Model Y vehicles fell 22.7 from the previous month. Chinese rival BYD, with its Dynasty and Ocean series of […]

Blackstone39;s global wealth assets have grown to 250 billion Private equity firm appoints COO in Europe to help drive growth Wealthy have been leaving UK since Brexit executive LONDON, Nov 4 Reuters Blackstone39;s private wealth business plans to enter at least two new European markets next year to tap growing demand among the welloff, two executives […]