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January 28, 2022

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America Movil dips on pay TV permit snag, minor impact seen

Reuters
The logo of America Movil is pictured on the wall at a reception area in the company’s corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf/File Photo Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Jan 27 (Reuters) – Shares of Mexican telecoms giant America......

Visa profit beats quarterly estimates on higher spending

Reuters
A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, Jan 27 (Reuters) – Visa Inc (V.N) beat Wall Street quarterly estimates on Thursday as improving consumer sentiment, online......

Textron sees higher corporate jet production, reports 4th quarter sales drop

Reuters
Cessna employee Dwight Bennett works inside of a jet during a tour of the Cessna business jet assembly line at their manufacturing plant in Wichita, Kansas August 14, 2012. One of Cessna Aircraft Company CEO and president Scott Ernes’ first moves after joining in May 2011 was to carve Cessna......

Stellantis eyes greater stake of GAC JV in Chinese overhaul

Reuters
The logo of Stellantis is seen in this image provided on November 9, 2020. Communication FCA /Handout via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register Stellantis says stake in JV would increase to 75% GAC says no formal agreement agreement signed JV produces Jeep-branded vehicle in......

Shipper MSC wants lead role in deal for ITA Airways – papers

Reuters
The MSC logo is pictured on working helmet during a press visit of the MSC Meraviglia class ship at the STX Les Chantiers de l’Atlantique shipyard site in Saint-Nazaire, France, September 2, 2016. REUTERS/Stephane Mahe Register now for FREE unlimited access to Reuters.com Register ROME, Jan 27 (Reuters) – Shipping......

Exports booming, Taiwan’s China Airlines orders 4 more Boeing freighters

Reuters
Passenger jets of Taiwan’s China Airlines at Taipei Songshan Airport in Taipei, Taiwan, June 8, 2020.REUTERS/Ann Wang Register now for FREE unlimited access to Reuters.com Register TAIPEI, Jan 27 (Reuters) – Taiwan’s China Airlines Ltd said on Thursday its board had approved the purchase of four more Boeing Co (BA.N)......

Expats head for the exit as ‘easy’ Singapore’s COVID controls bite

Reuters
SINGAPORE, Jan 27 (Reuters) – Atar Sandler arrived in Singapore in 2019, seizing the opportunity to live in a buzzing global city that is also a convenient base to jet off to more exotic locales nearby. But after two years of mask-wearing, socialising in small groups and travel restrictions to......

Top U.S. oil states vie for carbon capture oversight to speed up permits

Reuters
Jan 26 (Reuters) – Top U.S. oil-producing states are trying to wrest oversight of carbon capture wells from federal regulators, hoping to speed the oil industry’s preferred approach to combating climate warming amid calls for limits on fossil fuel production. Companies are proposing carbon capture and storage (CCS) hubs to......

Samsung Elec sees tech device recovery in 2022, more supply chain challenges

Reuters
The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, Jan 27 (Reuters) – Samsung Electronics Co Ltd (005930.KS) on Thursday forecast a recovery in global tech device......

Tesla sees Cybertruck production delayed to 2023

Reuters
Tesla’s Cybertruck is displayed at Manhattan’s Meatpacking District in New York City, U.S., May 8, 2021. REUTERS/Jeenah Moon Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Tesla Inc (TSLA.O) will delay production of its much-awaited Cybertruck, aiming to start in 2023, the company said on......

Intel posts record fourth-quarter revenue, misses on earnings forecast

Reuters
The Intel Corporation logo is seen on a display in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Chipmaker Intel Corp posted record fourth-quarter revenue, but forecast first-quarter earnings short of......

Tesla sees supply chain issues throughout 2022 after record earnings

Reuters
SAN FRANCISCO, Jan 26 (Reuters) – Tesla Inc (TSLA.O) on Wednesday expected supply chain issues to continue through this year, after posting record quarterly revenue that beat Wall Street estimates. The stock fell 2.7% in after-hours trading. Revenue rose to $17.72 billion in the fourth quarter, from $10.74 billion a......

Blinken says U.S. responds to Russia’s demands, seeks dialogue

Reuters
U.S. ambassador delivers reply to Russian Foreign Ministry Kremlin: personal sanctions on Putin would not harm him Russia keeps up pressure with land and sea exercises Four-way talks on east Ukraine drag on in Paris MOSCOW/WASHINGTON, Jan 26 (Reuters) – The United States delivered written replies on Wednesday to sweeping......

Boeing posts loss as 787 jet deliveries stall with ‘no firm end in sight’

Reuters
A Boeing 777X airplane taxis during an attempted first test flight from the company’s plant in Everett, Washington, U.S. January 24, 2020. REUTERS/Lindsey Wasson/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Boeing Co (BA.N) said on Wednesday it incurred $4.5 billion charges in......

Wizz Air warns of more losses before recovery takes off

Reuters
A Wizz Air Airbus A320 from Sofia, Bulgaria taxis to a gate after landing at Luton Airport after Wizz Air resumed flights today on some routes, following the outbreak of the coronavirus disease (COVID-19), Luton, Britain, May 1, 2020. REUTERS/Andrew Boyers/File Photo Register now for FREE unlimited access to Reuters.com......

Nidec posts lower quarterly profit as costs rise

Reuters
Nidec Corp’s logo is pictured at an earnings results news conference in Tokyo, Japan, July 25, 2018. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Jan 26 (Reuters) – Nidec Corp (6594.T), a Japanese maker of electric motors, on Wednesday said third-quarter operating profit dipped as......

Wall Street ends down as markets whipsaw ahead of Fed meeting

Reuters
Microsoft gains in after-hours trading after results American Express, IBM rise on strong earnings Indexes down: Dow 0.19%, S&P 1.22%, Nasdaq 2.28% NEW YORK, Jan 25 (Reuters) – U.S. stocks gyrated in afternoon trading to close lower with interest rate sensitive tech stocks weighing most heavily as uncertainties surrounding an......

China’s Realme eyes Europe’s high-end smartphone market with new launch

Reuters
To start selling premium GT 2 Pro phone across Europe in Feb GT 2 Pro priced at $792-$905, in line with other high-end phones SHENZHEN, China, Jan 26 (Reuters) – China’s Realme will enter Europe’s high-end handset market next month with its priciest ever device, its CEO told Reuters, as......

Exclusive: SoftBank-backed Gopuff hires banks for IPO

Reuters
Jan 25 (Reuters) – Gopuff, the SoftBank Group Corp-backed delivery startup that was valued at about $15 billion last year, has tapped banks to lead preparations for a U.S. initial public offering (IPO), people familiar with the matter said on Tuesday. U.S.-based Gopuff, which operates in 1,000 cities in the......

U.S. business borrowing for equipment fell 3% in December – ELFA

Reuters
A U.S. one dollar banknote is seen in this illustration taken November 23, 2021. REUTERS/Murad Sezer/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 25 (Reuters) – U.S. companies borrowed 3% less in December to finance their investments in equipment, the Equipment Leasing and Finance Association (ELFA)......

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