CCL Products (India) Ltd reported a 62% surge in quarterly profit on Tuesday, beating analysts’ estimates, boosted by rising sale of its instant coffee.
Pilots at India’s Go First face delays getting paid due to the airline’s bankruptcy process and want the government to allow them to take up new jobs without serving long notice periods, a group representing the pilots said in a letter seen by Reuters.
Democratic President Joe Biden and top congressional Republican Kevin McCarthy will sit down on Tuesday to try to make progress on a deal to raise the U.S. government’s $31.4 trillion debt ceiling and avert an economically catastrophic default.
Chrysler-parent Stellantis said Tuesday it is recalling just over 132,000 Jeep Cherokee SUVs in the United States for fire risks and warning owners to park outside until repairs are made.
AstraZeneca has decided to leave the main U.S. drug lobby group, the Pharmaceutical Research and Manufacturers of America (PhRMA), and pursue other ways of engaging in advocacy at the state and federal level, the company said.
Struggling British online fashion retailer Boohoo said this year’s opening of a first distribution centre in the United States has the potential to transform its fortunes in that market as it will slash delivery times to American shoppers.
Tesla Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new models when he speaks at the electric-car maker’s annual shareholder meeting on Tuesday.
Large Asian hedge funds added Chinese education companies to their portfolios in the first quarter of 2023, and bought stocks in U.S. tech giants expected to benefit from ChatGPT and other artificial intelligence systems, regulatory filings showed.
Buying Teck Resources’ coal business as a standalone unit is a “distant second” for Glencore and Teck should not leave out the Swiss miner if it keeps pursuing its separation plan, boss Gary Nagle told the Bank of America conference in Barcelona on Tuesday.
