United Airlines reported higher quarterly profits Wednesday but announced it would trim US capacity later this year as the industry contends with a seat glut that has pressured fares.
The German ex-defense minister has led the European Commission since 2019, the first woman in the role. She has weathered several crises like the Covid pandemic and the war in Ukraine -- and also faced many controversies.
Featuring workers in costumes from the parks' "Indiana Jones" and "Star Wars" themed rides, among others, the rally was organized by unions representing some 14,000 Disneyland employees, from rollercoaster operators to candy makers.
Asian markets sank with Wall Street on Thursday after a warning from the White House that it would target firms supplying China with key semiconductor technology, and Donald Trump's comments on crucial chip supplier Taiwan.
Keeping with HSBC tradition of promoting from within for the top job, the new boss will take the helm on September 2 as the lender looks to push on with a transformation undertaken by current CEO Noel Quinn, who in April announced his surprise retirement.
The local represents nearly 32,000 people in the Seattle, Washington, region, with about 30,000 at Boeing plants in nearby Renton, where the US aerospace giant's 737 is assembled, and in Everett, where the 777 is put together. A strike would freeze activity at both factories.
World eyewear leader EssilorLuxottica has agreed to buy Supreme, an American fashion and lifestyle brand focused on streetwear, by the end of the year, it said Wednesday.
A landmark European Union law known as the Digital Markets Act (DMA) entered into force in March, and regulators believe it will create a fairer market.
While the central bank has focused largely on inflation -- which surged in the wake of the pandemic -- it is now also closely monitoring its mandate of promoting maximum employment, Powell added.
Chinese authorities on Monday said the country's economy had expanded by just 4.7 percent in the second quarter, some of its slowest progress in years and a sign that official efforts to revive growth were not working.
The Swiss luxury group said overall sales dipped one percent to 5.27 billion euros ($5.74 billion) in its first quarter that ended June 30, with growth seen in the Americas, Japan and Europe.
Known for its brightly colored plastic watches, Swatch also owns a number of luxury brands including Longines, Omega and Tissot, and said it was a drop in demand for upscale products that hurt its performance.
The world's second-largest economy is grappling with a real estate debt crisis, weakening consumption, and an ageing population.
EU regulators are unhappy with the blue badge system under Musk's ownership since anyone can now obtain it with a premium subscription, whereas before it was reserved for verified accounts including leaders, companies and journalists, after approval.
Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.
Musk and members of the Neuralink team fielded questions during an update streamed on X, formerly Twitter, discussing where it is on the path to making its brain implants commonplace.
A jury in New York convicted South Korean-born Hwang on 10 of the 11 charges he faced, according to US media. He could spend the rest of his life in prison.
The Paris-based body that advises industrial nations on energy policy said oil demand increased by just 710,000 barrels per day in the second quarter, the slowest rate in over a year.
The case dates back to 2022 when Brussels first accused Apple of blocking rivals from its popular iPhone tap payment system in a breach of EU competition law.
A regulatory filing showed shareholders overwhelmingly voted to approve the deal, which caps a tumultuous year for the British firm, including a bidding war that followed investor concerns over the fund's tumbling share price.
The strike is the biggest labor action in the tech giant's history and steps up pressure on the chipmaker's management, who last week predicted a huge second-quarter operating profit increase.
Microsoft's $13-billion tie-up with OpenAI has raised concerns on both sides of the Atlantic about just how much influence it has over its smaller partner.
More than 5,000 members of the National Samsung Electronic Union stopped working Monday, the organization said, as part of a long-running battle over pay and benefits.
The US central bank has held interest rates at the highest levels in more than two decades to bring inflation down to its long-term two percent target without doing too much damage to either the labor market or the broader economy.
The announcement came little more than two weeks after the maker of the fruit drink Robinsons squash rejected a takeover approach worth GBP3.1 billion from Carlsberg, arguing that it significantly undervalued the firm.
The agreement comes after prosecutors concluded Boeing flouted an earlier settlement addressing the disasters, in which 346 people were killed in Ethiopia and Indonesia more than five years ago.
Samsung Electronics is the world's largest memory chip maker and accounts for a significant chunk of global output of the high-end chips.
In France, the left was set to emerge as the biggest group in a new parliament, beating out a resurgent far right in a vote called by President Emmanuel Macron three years ahead of schedule..
The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates that dominate business in Asia's fourth-largest economy.
Brussels launched an investigation last year into Chinese electric vehicle manufacturers to probe whether state subsidies were unfairly undercutting European automakers.
