Reuters USA

(Reuters) -Canadian business jet maker Bombardier Inc on Tuesday raised its 2022 forecast for revenue and free cash flow above analysts’ expectations, helped by robust demand for private planes. Montreal-based Bombardier, which also took steps to reduce the cost of its debt, now expects full-year revenue to come in at about $6.9 billion, up from …

Bombardier raises 2022 revenue and free cash flow outlook, shares rise Read More »

By Saeed Azhar NEW YORK (Reuters) – Morgan Stanley is comfortable with its headcount after recent action to reduce jobs in December, Chief Financial Officer Sharon Yeshaya told Reuters on Tuesday. “We’re comfortable with where we are,” she said when asked if more job cuts were being considered after a 2% reduction late last year. …

Morgan Stanley comfortable on headcount, takes mark-to-market losses on Twitter Read More »

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate eased more than expected in December as gas prices came down but core measures remained little changed from the previous month, Statistics Canada said on Tuesday, making another interest rate hike this month likely. Inflation slowed to 6.3% in December from 6.8% in …

Canada’s inflation eases in December but another rate hike still likely Read More »

DAVOS, Switzerland (Reuters) -Brazil’s Environment Minister, Marina Silva, said on Tuesday that international investments have not materialized as contributions to help her country reduce deforestation in the Amazon and contribute to fighting global climate change. She said Brazil has regained the trust of the European Parliament with regards to resistance to the EU trade deal …

Davos 2023: Brazil lacking world aid to fight climate change-Silva Read More »

By Hilary Russ NEW YORK (Reuters) – Starbucks Corp expanded its U.S. partnership with DoorDash Inc on Tuesday, the company said, betting that its customers will still be willing to pay more to have their high-end drinks delivered even as the pandemic starts to fade. Coffee drinkers in Northern California, Texas, Georgia, Florida and some …

Starbucks to expand U.S. delivery via DoorDash nationwide by March Read More »

WASHINGTON (Reuters) – The New York Federal Reserve said on Tuesday its barometer on business activity in New York state fell in January to the lowest level since mid-2020 as orders plunged and employment growth stalled. The regional Fed’s “Empire State” index on current business conditions plummeted to -32.9 this month from -11.2 in December. …

New York state manufacturing collapses – monthly survey Read More »

By Holger Hansen BERLIN (Reuters) -Germany’s government named Boris Pistorius as defence minister on Tuesday at a time of mounting pressure on Berlin from Western allies to allow Ukraine to use German-made tanks in the war with Russia. Following several missteps, Christine Lambrecht resigned as defence minister on Monday, ahead of a conference on Friday …

Germany names new defence minister, will face pressure to send tanks to Ukraine Read More »

MADRID (Reuters) – Revenue from tourism companies in Spain is likely to be 4.7% higher this year than in 2019, before the COVID-19 pandemic ravaged the sector, industry group Exceltur said on Tuesday. Even with uncertainties over the war in Ukraine and inflation, that is the first time Spain’s hotels, resorts, transport companies, car rentals …

Spain’s 2023 tourism revenue seen 5% higher than before pandemic Read More »

By Ted Hesson and Mica Rosenberg The United States announced on Thursday it will extend COVID-19 pandemic-era restrictions nL1N33Q1F2, known as Title 42, to expel migrants from Nicaragua, Cuba and Haiti caught crossing the U.S.-Mexico border back to Mexico, a move would block more nationalities from seeking asylum in the United States. At the same …

What is the U.S. ‘Title 42’ immigration policy and why is it expanding? Read More »