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Revenue rose 3% to €10 billion, but operating costs increased 10% to €7.69 billion as the price of the 20% of jet fuel that was unhedged roughly doubled.
We haven't written up this one. The Olive Press has the full story — the link below goes straight to it.
Cost discipline is turning cyclical weakness into structural advantage, positioning the business to capture upside when demand recovers.
(RTTNews) - Baker Hughes (BKR), an energy technology company, on Monday, announced the successful sale of its Waygate Technologies business, valued at approximately $1.45 billion, to Hexagon.
Key PointsGreg Abel wasted little time overhauling Berkshire’s portfolio following Warren Buffett’s retirement as CEO at the end of last year.
Robinhood and Nu are reshaping financial services in different markets, but their contrasting valuations could make one a more attractive investment.
The rupee closed at 94.90 per dollar, little changed from its close at 94.95 in the previous session
Hyperscalers and growth plays have underperformed amid a sharp rotation
