Heightened worries about the strength of consumers and the global economy have been put on hold — at least for now — after some of the world’s best known companies delivered a slew of better-than expected numbers.
Southwest Airlines Co. is ready to move on from the technology meltdown that upended operations back in December. That doesn’t mean its reputation has recovered.
Vodafone Group Plc has appointed Italian Margherita Della Valle as its chief executive officer, ending five months of uncertainty since the challenged British telecommunications giant ousted Nick Read in December.
Turkish President Recep Tayyip Erdogan made his first public appearance in two days on Thursday, easing speculation over his health after he became briefly ill on live TV.
The US economy was slowing even before the brunt of any credit crunch stemming from the recent bank failures, while inflation accelerated, highlighting the enormous challenge faced by the Federal Reserve.
Comcast Corp. shares jumped more than 6% after topping analysts’ estimates for profit even as the media and telecommunication conglomerate continues to lose cable TV subscribers and faces increasing competition in broadband services.
Mexico’s exports reached a record $53.6 billion in March, leading to an unexpected trade surplus, as the country continues to benefit from US demand for its manufactured products.
Turkey’s central bank has been selling off its gold reserves to meet local demand, which has surged as citizens seek to protect themselves against inflation or currency depreciation before elections next month.
UK regulators blocked Microsoft Corp.’s $69 billion purchase of Activision Blizzard Inc. over concerns it would harm competition in cloud gaming, a small but growing segment of the industry.
Two potential Republican presidential hopefuls stressed support for Taiwan during visits to Asia this week, part of a growing GOP focus on Taipei ahead of the 2024 elections.
