Boeing said on Wednesday it was ramping up production of its bestselling 737 MAX narrowbody jet to 38 per month from 31, a sign the planemaker was recovering from a supplier error that had scuttled its plans for an early ramp up.
CME Group Inc reported a rise in its second-quarter profit on Wednesday, as traders turned to the exchange operator’s products to hedge against market volatility triggered by recession fears.
Liftmaker Otis Worldwide posted second-quarter revenue and profit above analysts’ estimates on Wednesday, fueled by sustained demand for escalators and elevators in residential and commercial projects.
Europe’s major banks, including Deutsche Bank and Lloyds Banking Group , on Wednesday pointed to the rising risk of bad loans as the global economy struggles with slow growth and high inflation.
Gulfstream jet maker General Dynamics Corp on Wednesday reported a jump in its second-quarter revenue, helped by robust demand for business jets and military equipment.
Samsung Electronics unveiled its latest foldable smartphones on Wednesday, keeping prices around the same level three years in a row as it seeks to challenge Apple’s dominance in the premium market.
