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Whirlpool sells 24% stake in India unit for $468 million

Whirlpool said on Tuesday it has executed a sale of 24% of its stake in its India unit for about $468 million. Whirlpool conducted the sale through its subsidiary in Mauritius, reducing.

Shilpi majumdarShivansh tiwary

Air Canada reports smaller adjusted loss on resilient international demand

Air Canada reported a smaller adjusted loss on Friday, as Canada s largest carrier benefited from resilient demand for international travel after consumers choose experiences over spending on goods. .

Maju samuelShivansh tiwaryAir canada

Deere cuts 2024 profit view as high borrowing costs hurt farm equipment demand

Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment purchases due to high borrowing rates and falling crop prices, even as its first-quarter sales and profits topped Wall Street estimates. Shares of the world's largest farm equipment maker were down 3.3% in premarket trading. With farmers reassessing expenses, particularly for compact tractors, Deere said it now expects net income for fiscal 2024 in the range of $7.50 billion to $7.75 billion.

Arun koyyurShounak dasguptaShivansh tiwaryUs department of agricultureDeere coEquipment purchasesCrop pricesEpressed crop pricesFarm equipmentDeere coUs department of agriculture

Deere cuts 2024 profit forecast as high borrowing rates dent demand

Deere cuts 2024 profit forecast as high borrowing rates dent demand
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Shounak dasguptaShivansh tiwaryDeere co

JetBlue shares soar as Icahn discloses stake

Shares of low-cost carrier JetBlue Airways surged 15% in premarket trading on Tuesday after activist investor Carl Icahn disclosed an about 10% stake in the airline. The shares were.

Shivansh tiwaryCarl icahnSriraj kalluvilaJetblue airwaysSpirit airlines

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