American Airlines said on Tuesday it expects its first-quarter revenue to plunge about 62% compared with the same period in 2019, and to post a loss of about $2.7 billion to $2.8 billion, excluding the gains from a payroll support program.
MADRID - European Union recovery funds to be transferred to Spain will boost economic growth by two percentage points annually in the coming years, Prime Minister Pedro Sanchez said on Tuesday.
ZURICH - Proxy adviser Glass Lewis urged Credit Suisse (SIX:CSGN) shareholders to oppose board member Andreas Gottschling's re-election, on grounds that as risk committee chairman he should be held accountable for problems tied to Greensill and Archegos.
Johnson & Johnson (NYSE:JNJ) stock was trading weaker in Tuesday’s premarket, after cases of adverse reaction in patients who had been administered the company’s Covid-19 jab emerged, forcing the U.S. authorities to pause the vaccination at various sites.
LONDON - The dollar edged higher on Tuesday, helped by a pick-up in U.S. Treasury yields, while riskier currencies dipped, as markets waited for inflation data in the United States.