European stocks mixed; Trump speech, Puma earnings in focus
Investing.com – European stock markets traded in a mixed manner Thursday, helped by the announcement of more Chinese economic largesse ahead of an eagerly-awaited speech by President Donald Trump at the World Economic Forum later in the session. At 06:40 ET
GE Aerospace forecasts 2025 profit above estimates on robust aftermarket demand
(Reuters) – GE Aerospace on Thursday forecast profit for the current year above estimates, as persistent shortage of new aircraft forces airlines to fly older jets, creating strong demand for its high-margin parts and services. The company also announced plans to
General Aerospace reports above-consensus Q4 earnings and revenue; stock jumps
Investing.com — General Aerospace saw its shares surge 6% in premarket trading Thursday after the company reported Q4 earnings and revenue above analyst expectations. The aircraft engine supplier reported Q4 earnings per share (EPS) of $1.32, topping the consensus estimates of
WTO chief warns of catastrophic global growth consequences amid trade wars
Investing.com — The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, issued a stark warning against potential trade wars on Thursday. During a debate at the World Economic Forum in Davos, Okonjo-Iweala discussed the potential fallout from retaliatory trade
Indonesia plans spending cuts worth $18.84 billion, finance ministry says
JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto has instructed his government to cut spending by 306.7 trillion rupiah ($18.8 billion) this year, a finance ministry spokesperson told Reuters on Thursday. Prabowo has frequently highlighted the need for efficient spending under his