PARIS (Reuters) - Airbus delivered 53 aircraft in May, down 16% from the same month last year and bringing the number of airplanes handed over to customers since Jan. 1 to 256, the planemaker said on Thursday.
It is targeting 800 deliveries for the year.
Demand for aircraft is strong because air travel is staging a strong recovery at the same time as supplies of new airplanes are tight, notably at U.S. planemaker Boeing.
... (continue reading...)By Danielle Broadway
LOS ANGELES (Reuters) - Netflix on Thursday shared new details about upcoming animated films “Spellbound” and “Pookoo,” which were made in partnership with Skydance Animation.
“Spellbound” is about Ellian, the young daughter of the rulers of Lumbria, and she has a secret…a mysterious spell has turned her parents into monsters,” said “The Lion King” actor Nathan Lane during the streaming... (continue reading...)
By Promit Mukherjee
OTTAWA (Reuters) - The Bank of Canada will need to play very safe in its easing cycle, despite widespread expectations of an immediate July rate cut, and take a much slower path due to the high risks from persistent inflationary pressures, economists said.
Canada's currency depends heavily on trade with the United States, high housing demand poses a constant threat of a surge in house prices and the country's wage... (continue reading...)
By Jamie McGeever
(Reuters) - A look at the day ahead in Asian markets.
An interest rate decision in India and Chinese trade figures are the main events for investors in Asia on Friday, rounding off a tumultuous week globally that saw an explosion of political volatility in the emerging world, heightened worries over U.S. growth and world stocks hitting new highs.
Asian markets go into Friday mostly on the front foot - the... (continue reading...)
(Reuters) - Rental car firm Hertz is weighing a sale of at least $700 million in secured debt and a convertible notes offering, as it looks to shore up its balance sheet, Bloomberg News reported on Thursday, citing people with knowledge of the matter.
Shares of the company plunged as much as 12.6% to a record low of $3.47 after the report and closed down about 5%.
Hertz did not immediately respond to a Reuters request for comment.
... (continue reading...)More Reuters
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