U.S. stock index futures edged higher on Thursday, as solid results from Microsoft, Lam Research and Tesla lifted sentiment following lackluster reports from big bellwether companies in the previous session.
American Airlines Group Inc beat Wall Street estimates for third quarter profit on Thursday as lower fuel costs boosted margins, but it raised its 2019 cost estimates related to the Boeing 737 MAX grounding to US$540 million.
Southwest Airlines Co reported a 7.2per cent rise in third-quarter profit on Thursday, driven by strong travel demand and higher fares following flight cancellations due to the grounding of its Boeing 737 MAX jets.
BANGKOK: Thailand's plans for a new US$7.4 billion high-speed rail that will connect three airports from Bangkok to the tourist town of Pattaya got the go-ahead on Thursday (Oct 24) after months of negotiations that spilled over into public acrimony. The Thai government said it had signed an ......
KUALA LUMPUR: Malaysian sovereign wealth fund Khazanah Nasional Bhd wants to quadruple its foreign investments to 60 per cent-70 per cent of its total portfolio over the next decade and beyond to reduce exposure to domestic risks, according to a parliamentary report. Khazanah's overseas investment ...
Singapore Exchange reported its biggest quarterly net profit in 12 years on Thursday (Oct 24), boosted by customers increasing the number of asset classes that they trade in.
Twitter Inc posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer.
US weapons maker Raytheon Company reported better-than-expected third-quarter profit on Thursday and raised its full-year earnings and sales outlook, helped by higher demand for weapons including missile warning systems.
3M Co , the maker of Scotch tape and Post-it notes, reported a 2 per cent fall in quarterly revenue and lowered its full-year earnings outlook, hurt by slowing demand for its products in key markets such as China.
Most Asian markets rose Thursday following a positive lead from Wall Street, while the pound was marginally higher as traders await the next Brexit move with the EU expected to extend Britain's divorce deadline yet again.
