American Airlines forecasts weak 2025 profit on costly labor deals
By Shivansh Tiwary (Reuters) -American Airlines forecast 2025 profit below Wall Street expectations as the carrier braces for higher costs stemming from expensive labor contracts signed last year, sending its shares down 8% on Thursday. The airline also forecast a bigger first-quarter
Adidas plans to cut up to 500 jobs at German headquarters – report
Investing.com — Adidas (OTC:ADDYY), the world’s second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500 positions, Reuters reported, citing a source familiar with the matter. The source, who was present
Leading German chancellor candidate Merz vows more assertive global role
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – German opposition leader Friedrich Merz, tipped to become the next chancellor, said on Thursday he wanted to win back the lost trust of key allies and ensure Berlin is more assertive on
