(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

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

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

(Reuters) – Hong Kong-based property developer New World Development said on Thursday that it continues to carry on business as usual, following “media rumours” about its operations and financial obligations. Earlier this week, the company had issued a clarification that it

Investing.com — Forterra (LON:FORT) on Thursday provided a cautiously optimistic outlook for the year ended December 31, 2024, noting a “modest improvement” in trading conditions, particularly towards the end of the year. Despite the challenging economic conditions, the company maintained stable