Новости за 01.03.2024

Millions are expected to boycott Friday’s parliamentary election in protest of government crackdowns and a worsening economy.

Kuehne + Nagel shares fell sharply after it reported below-forecast fourth-quarter earnings, with one analyst noting the company’s consensus estimates for 2024 could be downgraded by 10%.

Ryanair said it would make schedule cuts for the summer season after confirming it expected Boeing to deliver only 40 of the 57 aircraft it had ordered, resulting in a roughly 5 million reduction in passenger numbers in 2025.

Kuehne + Nagel shares fell sharply after it reported a steep drop in fourth-quarter earnings as logistics markets normalized, with one analyst noting the company’s volumes were lagging expectations.

The dollar is expected to stay strong during spring as expectations for a soft landing—where inflation slows without economic recession—fuel a narrative of U.S. economic outperformance, SEB Research said.

Daimler Truck said it expected flat earnings this year after revenue improved in the fourth quarter and as underlying profits topped forecasts in 2023..

Pearson reported higher operating profits for 2023 that came within its guidance range but were short of analysts’ expectations. as sales fell, and it said it would extend its share buyback by $253 million.

ITV has sold its stake in digital subscription streaming service BritBox for $322 million and will return the proceeds to shareholders through a share buyback.

China’s “Two Sessions” policy meetings kick off next week and the markets are watching to see what Beijing does to kick-start the world’s second-largest economy.

Bond investors should consider buying into dips [in prices] ahead of the ECB’s March 7 monetary policy meeting, Commerzbank Research said.

Tesla is rolling out more incentives to boost demand for its electric cars in China, the latest salvo in an ongoing price war in the world’s largest EV market.

The Nikkei Stock Average closed 1.9% higher at a new record of 39910.82, led by electronics and financial stocks.

The owner of Paytm, India’s largest mobile-payment company, said the move would reduce dependencies and allow Paytm Payments Bank’s governance to be independent of its shareholders.

Facebook owner Meta said it won’t enter into new deals with traditional news publishers in Australia and the U.S., saying the number of people in those countries using a dedicated tab for news on Facebook dropped more than 80% last year.

A letter purportedly about Iran’s police turned out to be an account of a Chinese interrogation, and it eluded Beijing’s internet censors for weeks.

Challenges are multiplying after the country’s years of rapid growth.

The pop star’s performances in the city-state have stirred some jealousy in the region.

IAG said sustained strong travel demand helped to boost its net profit and the British Airways parent projected capacity growth of about 7% this year.

China’s manufacturing sector remained in contraction for a fifth consecutive month in February, underscoring the difficulties facing the country’s leadership as it seeks to support a faltering economy.

Air France-KLM’s fourth-quarter losses were worse than analysts expected after the Israel-Hamas war disrupted travel to the Middle East and the carrier’s expenses continued to rise.

The country’s economy is sputtering and geopolitical tensions are rising, but Chinese shoppers are the growth engine for the maker of Louis Vuitton, Dior and Hennessy.

Israeli troops opened fire on Palestinian civilians as a chaotic series of events unfolded involving a convoy of aid trucks in the Gaza Strip, the Israeli military and Gaza health officials said, prompting Hamas to pause delicate cease-fire negotiations.

Biden and Trump made dueling visits to the U.S.-Mexico border, as the two likely election opponents used Texas towns 300 miles apart to push for tougher border policies while blaming the other’s party for failing to fix the migrant crisis.

A federal judge temporarily blocked a new Texas law that would allow the state to deport migrants, declaring the measure unconstitutional and an infringement on federal prerogative.

The Commerce Department is opening an investigation into foreign-made software in cars, citing Chinese technology as a potential national-security risk.