Hilton posts profit as travel demand rebounds

(Reuters) -Hilton Worldwide Holdings Inc reported a quarterly profit on Tuesday, compared with a year-earlier loss, following a rebound in travel demand after a surge in COVID-19 cases early in the year due to the Omicron variant.

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03-05-2022

DuPont profit falls on higher material costs

Industrial materials maker DuPont de Nemours reported a fall in first-quarter profit on Tuesday, hurt by headwinds related to raw material and logistic costs.

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03-05-2022

Hilton posts first-quarter profit as travel demand rebounds

Hilton Worldwide Holdings Inc reported a quarterly profit on Tuesday, compared with a year-earlier loss, following a rebound in travel demand after a surge in COVID-19 cases early in the year due to the Omicron variant.

newspaper

03-05-2022

Stellantis buys car-sharing business as BMW, Mercedes take different route

Stellantis has agreed to buy the Share Now car sharing business from BMW and Mercedes-Benz as the two German groups focus more on the software part of their mobility alliance.

newspaper

03-05-2022

Russian retailers in talks to import goods via Kazakhstan -report

Russian retailers Magnit and Lenta are in talks with their suppliers and other parties about importing goods via Kazakhstan, Russia's southern neighbour and close partner, a Kazakh official was quoted as saying on Tuesday.

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03-05-2022

Portugal's Galp quarterly profit surges, but still misses forecast

LISBON (Reuters) -Portugal's Galp Energia on Tuesday reported a six-fold rise in adjusted first-quarter profit on soaring global crude prices and higher production, but its shares slipped as the result still fell short of market expectations.

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03-05-2022

Two warehouses, two outcomes for Amazon's union

Two warehouses facing another, each the length of four football fields, speed goods to Amazon customers in New York City and beyond from the western shore of Staten Island. They are part of the same operation, hire from the same communities and decided within 30 days of each other whether to join the same union.

newspaper

03-05-2022

Campari quarterly sales boosted by aperitif demand in Europe

MILAN (Reuters) -Italian drinks group Campari said on Tuesday sales in the first quarter jumped thanks to strong aperitif consumption as bars reopened in Europe, beating expectations.

newspaper

03-05-2022

Norway sovereign wealth fund CEO warns of rocky times

Norway's $1.2 trillion sovereign wealth fund, the world's largest, expects difficult market conditions in the time to come, affected by geopolitical events and inflation, its chief executive said on Tuesday.

newspaper

03-05-2022