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Safran ups profit, cash forecasts on air traffic boost

French engine maker Safran forecasts higher profits in 2025 after 30% jump in 2024 income, driven by rising air traffic. The company predicts a 15-20% increase in deliveries of its best-selling LEAP engine and a strong performance in its Equipment and Defense division.

Richemont Announces Senior Management Changes

Swiss luxury company Richemont announces changes to its senior management, with the bosses of Cartier and Van Cleef joining its executive committee.

Xi to Chair Symposium to Boost Private Sector Amid Challenges

Chinese President Xi Jinping to chair symposium on private sector as economy sputters

Bain nears $4.2 billion deal for German facility manager Apleona

Bain Capital to Acquire Apleona Group for €4 Billion

Starbucks Plans Middle East Expansion After Boycott Headwinds

Starbucks expands in the Middle East with plans for 500 new stores and 5,000 jobs over the next five years, despite facing boycotts last year.

Biden Nominee Vows to Protect Popular Student Loan Forgiveness Program

Education Secretary Linda McMahon pledges to continue Public Service Loan Forgiveness program, despite pressure from Trump administration critics who argue it's too costly.

Airbnb Co-Founder Joe Gebbia Joins Elon Musk's Team

Airbnb co-founder Joe Gebbia joins Elon Musk's advisory team

JX Advanced Metals seeks $3 billion in biggest Japan IPO in seven years

JX Advanced Metals, a unit of Eneos Holdings, has won approval to list its shares in a $3 billion share offering, set to be the biggest IPO in Japan in seven years.

Japan’s JX Advanced Metals Sets Price for $3 Billion IPO

JX Advanced Metals sets indicative share price in potential $3 billion Japan IPO

Indonesia's Sovereign Wealth Fund to Launch Feb. 24 With $900B Target

Indonesia's new sovereign wealth fund, Danantara, launches on Feb. 24, aiming to invest in diverse industries and boost Indonesia's growth to 8%.