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Finance
American shares drop 7% on weak profit forecast after backfired sales plan, industry oversupply
An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in San Diego, California. Kevin Carter | Getty…
Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue
Southwest Airlines airplanes are serviced at their gates at Fort Lauderdale-Hollywood International Airport on May 18, 2024, in Fort Lauderdale, Florida.Gary Hershorn | Corbis News…
Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays
Buy now, pay later firms like Klarna and Block's Afterpay could be about to face tougher rules in the U.K.Nikolas Kokovlis | Nurphoto | Getty ImagesBritain's new Labour government…
Unilever pops 6% on guidance raise, Ben & Jerry’s spinoff on track to complete by end of 2025
Tubs of Ben & Jerry's ice cream in a store freezer in London, UK, on Thursday, April 25, 2024. Unilever Plc said it wanted to shed its ice cream division, which generates…
Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
The Gucci store on Fifth Avenue is seen on March 20, 2024 in New York City.Michael M. Santiago | Getty Images News | Getty ImagesShares in Gucci-owner Kering fell on Thursday,…
Jeep, Dodge-maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership's lot on October 03, 2023 in Miami, Florida.Joe Raedle | Getty Images News | Getty ImagesAuto giant Stellantis on…
India is on alert after a fresh outbreak of the deadly Nipah virus. Here’s what you need to know
Fruit bats seen hanging on tree branches in daylight. Bats are believed to be one of the carriers of Nipah virus, a zoonotic disease that spreads from animals to humans.Eyepix…
World shatters heat record for the second time in just two days
A worker, called 'torchers', works in a charcoal production during scorching heat exceeding 40 degrees Celsius in Diyarbakir, Turkiye on July 18, 2024.Anadolu | Anadolu | Getty…
Chinese EV startups are spending more on research than Tesla is
Nio's second factory in the city of Hefei has around 2,000 human workers and 756 robots.CNBC | Evelyn ChengBEIJING – U.S.-listed Chinese electric car companies are spending more on…
Ford shares tumble 11% after massive earnings miss
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT — Ford Motor came in short of Wall Street's second-quarter earnings…