Delta forecasts weak first-quarter profit on higher costs

By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines Inc on Friday forecast first-quarter profit below Wall Street’s estimates due to higher non-fuel operating costs, but said “healthy” consumer demand would result in “significant” earnings and free cash flow growth this year. The company’s shares were down 3.8% at $38.10 in morning trade. Delta …

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Cricket-Rohit, Kohli to miss T20s v NZ, Suryakumar, Kishan in test squad

(Reuters) – Indian captain Rohit Sharma and batsman Virat Kohli will play in a one-day international (ODI) series against New Zealand this month but will not feature in the following Twenty20 series, the Board of Control for Cricket in India (BCCI) said on Friday. India will play three one-day internationals and three Twenty20 matches against …

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Gucci presenta colección mientras el mundo de la moda espera a su nuevo diseñador

Por Mimosa Spencer y Elisa Anzolin PARÍS/MILÁN, 13 ene (Reuters) – Gucci dio inicio el viernes a la semana de la moda de Milán con un desfile masculino de estilo andrógino y desgarbado, un avance de su más reciente colección mientras la industria espera que su propietario, Kering, nombre a un nuevo diseñador para la …

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U.S. near-term consumer inflation expectations lowest in nearly two years

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumers are becoming more confident that price pressures will ease considerably over the next 12 months, with a survey on Friday showing their one-year inflation expectations falling in January to the lowest level since the spring of 2021. But the road to low inflation will be bumpy as …

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Bank of America profit tops estimates as higher rates boost income

By Manya Saini and Lananh Nguyen (Reuters) -Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net interest income as the U.S. Federal Reserve raised rates through most of last year. The ‘higher-for-longer’ rate environment to battle decades-high inflation has underpinned profits at consumer banks, with analysts expecting …

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Las bolsas suben por sexta sesión consecutiva, el yen trepa por especulaciones sobre el BOJ

Por Chuck Mikolajczak NUEVA YORK, 13 ene (Reuters) -Un índice de acciones mundiales avanzaba el viernes por sexta sesión consecutiva, mientras los inversores evaluaban el inicio de la temporada de resultados en Estados Unidos. El yen, por su parte, alcanzaba máximos de siete meses, ante la posibilidad de que el Banco de Japón modifique su …

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Sequoia Capital cuts fees for new funds amid VC slowdown

By Krystal Hu (Reuters) -Sequoia Capital has lowered management fees in its two recently-launched venture funds as it braces for a slower investment environment, partner Alfred Lin said on Thursday. The changes in fee structure, communicated to investors in December, allow limited partners (LPs) who committed capital to Sequoia’s crypto and ecosystem funds launched early …

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UnitedHealth brushes off hit from ‘tripledemic’ of respiratory diseases

By Leroy Leo and Khushi Mandowara (Reuters) – UnitedHealth Group Inc said on Friday the so-called “tripledemic” of respiratory diseases in the winter had not substantially driven up medical costs at its health insurance business in the fourth quarter. Medical costs of the industry bellwether, the first health insurer to report its fourth-quarter earnings, were …

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