Tag: travel

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Thermo Fisher Beats Estimates, Biotech Spending Concerns Ease

Thermo Fisher beats Wall Street estimates for Q4 on improved demand, revenue rises 5% to $11.4 billion

ECB Set to Cut Rates Again as Inflation Nears Target

The European Central Bank is expected to lower interest rates again Thursday, as inflation nears the target 2% and as political friction unsettles businesses in the euro zone's two biggest member-states.

Mulberry Reorients Focus on UK and US to Restore Profitability

Mulberry to focus on British luxury identity, reduce China exposure, and cut costs amid global luxury slowdown.

Meta's Metaverse Losses Continue Despite VR/AR Market Dominance

Meta's Reality Labs division continues to lose billions as Zuckerberg doubles down on the metaverse.

BOJ’s Himino Affirms Hawkish Outlook, Boosting Yen

Yen rises as BOJ Deputy Governor's comments reinforce rate hike expectations, fueling speculation of policy normalization.

BOJ's Himino Hints at Further Rate Hikes if Economic Outlook Holds

BOJ to Keep Hiking Rates If Economic Outlook is Realized, Deputy Governor Himino Says

American Airlines Flight Involved in Mid-Air Collision

American Airlines flight collided with a helicopter near Reagan Washington National Airport; the FAA and NTSB are investigating.

Rakuten to Deepen Partnership With Mizuho, Scraps IPO Plan

Rakuten scraps IPO plans for securities arm, to focus on partnership with Mizuho Securities.

Fed Holds Rates, Sees Inflation Elevated as Powell Declines Comment on Trump

The Fed left interest rates unchanged as expected and indicated inflation remains "elevated."

Tesla Stock Rises on Promise of Growth Return in 2025

Tesla (TSLA) Stock Rises on Growth Pledge, Adjusted EPS Misses Forecast