 | | | | Airbus has revoked its entire outstanding order from Qatar Airways for A350 jets, severing all remaining new jetliner business with the Gulf carrier in a dramatic new twist to a safety and contractual dispute, two industry sources said. | | | | | | Missouri Attorney General Eric Schmitt has launched an investigation into whether Morningstar Inc violated a state consumer-protection law through its evaluations of environmental, social and governance (ESG) issues, his office told Reuters. | | | | | | U.S. stock index futures edged higher on Wednesday, with focus on services activity data due later in the day after a report earlier this week amplified economic slowdown worries, while PayPal gained on raising its profit forecast. | | | | | | Futures for Canada's main stock index steadied on Wednesday after U.S. House Speaker Nancy Pelosi left Taiwan, following a visit which heightened Sino-U.S. tensions, while higher gold prices were set to buoy miners. | | | | | | Moderna Inc on Wednesday retained its full-year sales outlook for COVID-19 shot at $21 billion due to decreasing orders from low- and middle-income countries through the COVAX international vaccine-sharing program. | | | | | | Under Armour Inc said surging raw material costs and higher promotions to shore up waning demand were eating into its margins, prompting the sportswear maker to lower its annual profit forecast. | | | | | | KFC parent Yum Brands Inc's quarterly same-store sales met estimates on Wednesday, as demand for its tacos, pizzas and fried chicken held steady with people stepping out more often. | | | | | | The New York Times Co forecast a drop in advertising revenue for the third quarter on Wednesday, as brands cut back on ad spending in the face of global economic challenges. | | | | | | The West's energy giants are set to return a record $30 billion to investors after reporting bumper profits in the second quarter of the year following a surge in energy prices. | | | | | | The Italian parliament has given its final approval to a highly contested bill to promote competition in product and services markets, required to help secure a new tranche worth 19 billion euros ($19.4 billion) of post-pandemic European funds. | | | | | |
