Wizz Lowers Profit Outlook on Economic, Security Concerns
Wizz Air Holdings Plc lowered its profit outlook for fiscal 2024 as aircraft engine issues, along with growing
2023-11-09 16:50
Japan’s ANA Will Cut Flights to Inspect Pratt Engines on 33 Airbus Jets
ANA Holdings Inc. said it will need to inspect Pratt & Whitney engines on 33 of its Airbus
2023-10-31 16:19
High-Grade Bond Market Kicks Off Busy Sales Day
US blue-chip companies unleashed a wave of bond sales on Monday as borrowers look to sell new debt
2023-10-31 03:48
RTX swings to loss on Pratt engines issues, approves $10 billion share buyback program
RTX reported a near billion dollar quarterly loss on Tuesday, as the aerospace supplier took a hit due
2023-10-24 19:25
US Syria Base Attacked as Destroyer Stops Missiles From Yemen
The US is seeing stepped-up drone attacks in Iraq and Syria, the Pentagon said Thursday, while an American
2023-10-20 09:47
War Adds Risks to Indebted, Expensive and Fractured World
A world economy struggling with record debt, expensive credit and increasingly dysfunctional or inadequate institutions now faces new
2023-10-15 22:27
Bristol Myers to Buy Mirati Therapeutics for $4.8 Billion
Bristol-Myers Squibb Co. has agreed to buy cancer drugmaker Mirati Therapeutics Inc. for $4.8 billion as the company
2023-10-09 09:26
Sanofi to Explore Acquisition of Cancer Drugmaker Mirati
French pharmaceutical giant Sanofi is exploring a potential acquisition of cancer drugmaker Mirati Therapeutics Inc., according to people
2023-10-06 03:27
US Government Shutdown’s Economic Risks Grow the Longer It Lasts
A US government shutdown would have a cascading economic effect, beginning mildly and deepening over time as millions
2023-09-27 17:49
Airlines, suppliers warn of hit from RTX engine snag
Several airlines and aerospace suppliers warned of a hit from U.S. firm RTX's disclosure of a rare manufacturing
2023-09-12 20:54
Pratt Jet-Engine Checks Trigger Slump in Japan Machinery Stocks
Japanese heavy machinery firms plunged after aerospace giant RTX Corp. cut its full-year sales outlook and said it
2023-09-12 13:51
RTX warns of profit hit as 600-700 GTF engines to be removed for quality checks
Aerospace supplier RTX said on Monday 600 to 700 geared turbofan engines (GTF) will have to be removed
2023-09-11 19:47