Tuesday 19 April 2022

Reuters Business: Brazil's Embraer delivers 14 jets in Q1, order backlog hits $17.3 bln

Brazil's Embraer delivers 14 jets in Q1, order backlog hits $17.3 bln

Brazilian planemaker Embraer SA said on Tuesday it has delivered 14 jets in the first quarter of 2022, including six commercial and eight executive planes, and that its firm order backlog hit $17.3 billion on March 31.

Deliveroo fined by French court for abusing freelance status of its riders

Deliveroo was fined the maximum penalty of 375,000 euros ($404,625) for abusing the freelance status of its riders, a Paris court ruled on Tuesday, in a blow to the British takeaway delivery platform. ($1 = 0.9268 euros)

Lockheed quarterly profit falls 5.7% on supply chain snags

U.S. weapons maker Lockheed Martin Corp reported a 5.7% fall in quarterly profit on Tuesday, hurt by supply chain snags triggered by the COVID-19 pandemic.

Futures slip as bond yields hit new highs

U.S. stock index futures dipped on Tuesday as Treasury yields hit new highs on expectations of aggressive interest rate hikes, while investors awaited more earnings reports to assess the impact of soaring inflation and the Ukraine war.

Mercedes-Benz launches second all-electric SUV

Mercedes-Benz unveiled its EQS sport utility vehicle (SUV) on Tuesday, a 660 km (410-mile) range car that will be made in America and go on sale by autumn.

Blackstone to buy American Campus Communities in $12.8 bln deal - WSJ

Asset manager Blackstone Inc has agreed to buy student-housing owner American Campus Communities Inc for about $12.8 billion including debt, the Wall Street Journal reported on Tuesday. (https://on.wsj.com/3EsXV8P)

Uber scraps mask requirement for riders, drivers as COVID cases fall

Uber Technologies has scrapped mandatory face masks for its riders and drivers in the United States, the ride-hailing company said on Tuesday, adding that riders have the option to cancel their trip if they feel uncomfortable with its move.

Tesla earnings under pressure from Shanghai factory halt

Tesla investors on Wednesday will be keeping an eye on whether the electric car company maintains its ambitious 2022 delivery target as the biggest factory, Shanghai, grapples with a COVID-19 shutdown and new plants slowly ramp up output.

U.S. insurer Travelers' profit beats on lower catastrophe losses

Property and casualty insurer Travelers Companies Inc reported a 48% jump in quarterly profit that beat analysts' estimates on Tuesday, as lower catastrophe-related claims cushioned a hit from investment losses.

Halliburton profit nearly doubles as oil price surge boosts drilling activity

Oilfield services firm Halliburton Co posted an 85% rise in first-quarter adjusted profit on Tuesday as a rally in crude prices boosted demand for its services and equipment.

Related Videos

Stellantis suspends production in Russia

Musk taunts Twitter days after buyout offer

Bank of America profit falls but beats estimates