American Airlines Group Inc said on Wednesday the carrier expects to report first-quarter adjusted profit between $0.01 per share and $0.05 per share, compared with its prior outlook of about break-even.
A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd $406.2 million after being declared in default on leases for three Boeing 747-8 freighters following Russia’s invasion of Ukraine.
Global aesthetics device company Cutera Inc said on Wednesday it has terminated CEO David Mowry and Executive Chairman Daniel Plants following recommendations from a special committee.
Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated specialty gas plant in Hometown, Pennsylvania, to support development of its semiconductor business.
U.S. stock index futures edged higher on Wednesday as investors awaited inflation data and minutes from the Federal Reserve’s policy meeting for clues on whether U.S. interest rates are near their peak.
The Bank of Canada on Wednesday is expected to keep rates on hold as inflation cools and because of stress in the global banking system, despite the fact that growth accelerated in the first quarter, analysts said.
U.S. Treasury Secretary Janet Yellen will call on Wednesday for the World Bank to undertake additional reforms this year to expand its ability to help developing countries meet global challenges such as climate change.
Detailed minutes of the U.S. Federal Reserve’s meeting last month due out Wednesday may show just how close the central bank came to postponing further interest rate increases following the failure of two U.S. banks in the days leading up to the session.
