Rolls-Royce said Thursday it expects profits of over £4 billion ($5.42 billion) this year as the aero engine and power systems maker banks on another year of robust growth. The aerospace giant is targeting underlying operating profit of between £4 billion and £4.2 billion in 2026, above the midpoint of £3.65 billion as expected by…
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia CEO Jensen Huang said Wednesday markets have miscalculated the AI threat to software companies, hours after the chip behemoth issued an upbeat sales forecast on…
Novo Nordisk stock fell 13% Monday after it said its next-generation weight loss drug didn’t meet its key goal of showing that it wasn’t inferior to Eli Lilly’s rival drug. The drug, CagriSema, didn’t achieve its primary endpoint of demonstrating non-inferiority on weight loss when compared to Eli Lilly’s rival drug tirzepatide after 84 weeks,…
U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted spending and investment, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday. Gross domestic product rose at an annualized rate of just 1.4%, according to the Commerce Department,…
A Chinese flag flutters atop a China customs building, at a terminal of the Yantian port in Shenzhen, Guangdong province, China, Oct. 30, 2025. Tingshu Wang | Reuters The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged despite efforts by the Trump administration to close the…
SEOUL, SOUTH KOREA – APRIL 21: Former South Korean President Yoon Suk Yeol arrives for his criminal trial on insurrection charges at a courtroom of the Seoul Central District Court on April 21, 2025 in Seoul, South Korea. The second trial regarding former President Yoon Suk-yeol’s charge of leading a rebellion hold at the Seoul…
These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. Qantas Airbus said Thursday it expects to deliver 870 commercial aircraft in 2026, slightly fewer than the roughly 880 analysts had expected. It comes as pressure is building for the European planemaker, with U.S. rival Boeing showing signs of recovery after years…
Pedestrians stand in front of an electronic quotation board displaying the numbers of the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo on Feb. 3, 2026. Kazuhiro Nogi | Afp | Getty Images Japan’s economy grew 0.1% in the fourth quarter of 2025 compared with the previous three months, narrowly avoiding a technical…
Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement…
A shopper carries Target bags in San Francisco, California, US, on Thursday, Feb. 5, 2026. David Paul Morris | Bloomberg | Getty Images Consumers activity slowed sharply for the December holiday shopping season amid a spate of rough weather and persistently higher inflation, the Commerce Department reported Tuesday. Retail sales were flat on the month…
