Delta Air Lines and Korean Air Lines will jointly acquire a 25% stake in Canada’s WestJet Airlines from Onex Corp. The purchase price is $550 million.…
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Hugo Boss, a German fashion group, reported better-than-expected quarterly revenue on Tuesday. They also maintained their full-year forecast despite increased macroeconomic uncertainties. The company posted first-quarter…
Ford Motor suspended its annual guidance due to uncertainty surrounding Donald Trump’s tariffs. The levies will cost the company about $1.5 billion in adjusted earnings before…
Audi maintained its full-year guidance on Monday. However, this doesn’t account for any potential impact from U.S. tariffs. First-quarter revenue increased by 12.4% due to higher…
Aston Martin will split the costs from U.S. tariffs with its customers. The company will also sell down its U.S. inventory while limiting shipments there. CEO…
Lufthansa confirmed its operating result forecast for 2025. Analysts deemed this assessment more positive than other airlines. However, Lufthansa warned that it was monitoring the impact…
Seven & I Holdings anticipates challenges due to U.S. tariffs. They expect these tariffs to impact U.S. consumers. Incoming CEO Stephen Dacus stated, “My assumption is…
Dubai’s Gold Souk, known as the “City of Gold”, traditionally features 22-karat gold jewellery. It is popular for weddings, religious events, and family investments. However, gold…
Boeing (BA.N) jet was heading back to the U.S. on Monday. The jet was intended for a Chinese airline. Flight tracking data showed this movement. It…
Hermes will fully shift the burden of U.S. tariffs to its wealthy clientele. The company announced this on Thursday, after it posted first-quarter sales that slightly…