RESF

US banks finally see upturn in credit-card borrowing

NEW YORK, June 10 (Reuters) – Big US banks including JPMorgan Chase & Co (JPM.N) and Citigroup (CN) appear set for some earnings boost from a pick-up in the battered credit-card business, but a possible recession would pull consumers back and bring losses on outstanding loans. Last week, JPMorgan Chairman and CEO Jamie Dimon warned …

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Japanese airlines stay hopeful on year helped by strong demand

Ground crew members work next to an All Nippon Airways (ANA) aircraft at the Tokyo International Airport, commonly known as Haneda Airport, in Tokyo, Japan October 27, 2020. REUTERS / Kim Kyung-Hoon / File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 1 (Reuters) – ANA Holdings (9202.T) and Japan Airline …

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Brazilian airline Gol reports Q2 net loss, but net revenue jumps

The logo of Brazilian airline Gol Linhas Aereas Inteligentes SA is seen inside an airplane at Augusto Severo International Airport in Natal, Brazil November 23, 2018. REUTERS / Paulo Whitaker / File Photo Register now for FREE unlimited access to Reuters.com Register SAO PAULO, July 28 (Reuters) – Brazilian airline Gol Linhas Aereas Inteligentes SA …

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High fares, rising economic worries could weigh on airline recovery

DOHA, June 20 (Reuters) – Pent-up demand from the pandemic means consumers are weathering high airfares, but as summer ends and inflation and interest rate rises begin to bite, there are growing questions over whether the appetite for travel is sustainable. Global airlines are now expected to post a $ 9.7 billion loss in 2022, …

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Royal Caribbean’s loss narrows as customers splurge onboard

Royal Caribbean logo is seen displayed in this illustration taken, May 3, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register July 28 (Reuters) – Cruise operator Royal Caribbean Group (RCL.N) on Thursday reported a smaller-than-expected quarterly loss as bookings rebounded and travelers splurged on cabanas, spa treatments …

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Hotel group Accor’s soft outlook offsets revenue jump, shares drop

The logo of French hotel operator AccorHotels is seen on top of the company’s headquarters in Issy-les-Moulineaux near Paris, France, February 17, 2021. REUTERS/Gonzalo Fuentes/File Photo Register now for FREE unlimited access to Reuters.com Register Expect full-year core profit of more than 550 million euros Q1 RevPAR exceeded pre-COVID levels for the first time China’s …

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New GSK takes flight with strong quarter, forecast boost

Q2 adjusted earnings, forecast beat GSK boosted by record shingles vaccine sales Haleon sees H1 revenue growth of over 13% LONDON, July 27 (Reuters) –Days after carving out its consumer health business, a slimmed down GSK (GSK.L) delivered a strong second-quarter performance on Wednesday, boosting its full-year forecast as demand for its blockbuster shingles vaccine …

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Brazil’s Embraer gets new orders from Porter Airlines, Alaska; shares laughed

SAO PAULO, July 19 (Reuters) – Brazilian planemaker Embraer SA (EMBR3.SA) on Tuesday announced new aircraft orders from Porter Airlines and Alaska Air Group Inc (ALK.N), sending its shares higher, as it reaped an upsurge linked to the Farnborough Airshow in Britain. Embraer said Canada-based Porter Airlines has ordered an additional 20 E195-E2 aircraft to …

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AmEx raises revenue forecast on surging travel spending

Credit cards of American Express are photographed in this illustration picture March 17, 2016. REUTERS / Kai Pfaffenbach / File Photo Register now for FREE unlimited access to Reuters.com Register July 22 (Reuters) – American Express Co’s (AXP.N) quarterly card spending soared to a record as pandemic-weary travelers shrugged off rising airfare to throng airports, …

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