(Reuters) - Brazilian planemaker Embraer is exploring options for a new narrowbody jet model to challenge the market dominance of Boeing and Airbus, the Wall Street Journal reported on Wednesday.
Internal studies conducted by Embraer have determined that the company has the technological know-how and manufacturing capability to develop a next-generation narrowbody aircraft, which would be its first in that segment, the report said, citing people... (continue reading...)
LONDON (Reuters) - British authorities have detained the first migrants set to be removed to Rwanda under Prime Minister Rishi Sunak's flagship illegal migration policy, the government said on Wednesday.
(Reporting by Sachin Ravikumar; editing by Sarah Young)
(Reuters) -Pfizer lifted its annual profit forecast on Wednesday, banking on cost cuts and better-than-expected demand for its COVID antiviral treatment and vaccine.
The U.S. drugmaker's shares rose nearly 3% before the bell after the company said it expects adjusted earnings per share of $2.15 to $2.35 in 2024 compared with a prior forecast of $2.05 to $2.25.
Pfizer's shares have lost 11% of their value so far this year amid growing... (continue reading...)
(Reuters) -Estee Lauder raised its annual profit forecast and beat Wall Street targets for third-quarter sales on Wednesday, as demand for the MAC lipstick maker's higher-priced skincare and fragrances rebounded in the U.S. and Asia Pacific markets.
Shares of the New York-based company were up 3.8% in premarket trading.
The results hint at a recovery in demand for beauty and cosmetic products in the U.S. after a long bout of inflation had... (continue reading...)
(Reuters) -CVS Health Corp slashed its annual profit forecast and missed Wall Street estimates for first-quarter earnings on Wednesday, as elevated demand for non-urgent procedures increased medical costs at its health insurance business.
The U.S. healthcare giant cut its per-share adjusted earnings forecast for 2024 to at least $7.00 from at least $8.30, adding it anticipates the surge in medical procedures at its unit that houses health insurer Aetna to... (continue reading...)
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