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Category: Business

Business

Embraer sees return to positive cash flow, lifting shares

Brazilian planemaker Embraer SA(EMBR3.SA)on Friday forecast positive annual cash flow for the first time since 2017, lifting its shares despite a third-quarter loss. Embraer reported a net loss of $45 …

Business

Italy opens new probe into Boeing 787 parts supplier MPS

Prosecutors in southern Italy have opened an investigation into the supply of parts to Boeing (BA.N) by Manufacturing Process Specification (MPS), a company at the centre of latest snags on …

Business

Peloton shares sink as at-home exercise falls out of favor

Peloton Interactive Inc (PTON.O) on Thursday slashed its full-year sales forecast by up to $1 billion, saying demand for its exercise bikes and treadmills was slowing faster than expected as …

Business

Media mogul Byron Allen raises $10 billion for Tegna bid, debt refinancing

Media entrepreneur Byron Allen has raised $10 billion in preferred equity and debt for his bid for U.S. regional TV station operator Tegna Inc (TGNA.N), hoping to prevail over a …

Business

Amazon seeks U.S. approval to deploy 4,500 additional satellites for internet project

Amazon.com (AMZN.O) is seeking approval from U.S. communications regulators to deploy more than 4,500 additional satellites as part of the company’s effort to deliver broadband internet to areas around the …

Business

DraftKings called off Entain deal to focus on U.S.

Sports betting company DraftKings Inc (DKNG.O) shelved its $22 billion buyout of British rival Entain Plc (ENT.L) last month to focus on its core U.S. market, Chief Executive Officer Jason …

Business

Dollar in driver’s seat as payrolls loom; sterling battered

The dollar was on course for a second straight week of gains against major peers on Friday, ahead of a key U.S. jobs report that could sway the timing of …

Recent Posts

  • Australia thrash Bangladesh to stay in hunt for T20 World Cup semi-finals
  • Middlemen net more than half of insulin expenditures, study finds
  • Embraer sees return to positive cash flow, lifting shares
  • Apple is bringing car crash detection to the iPhone, says the Wall Street Journal
  • Dad super-glued son’s eye shut for FOUR DAYS after mistaking tube for medical drops

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