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- BusinessReuters
Analysis-Aircraft shortages turn into cash bonanza for some airlines
Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at much higher prices than they paid. Carriers such as Denver-based Frontier Airlines and Hungary's Wizz Air have reported gains up to hundreds of millions of dollars through selling planes after taking delivery and renting them back for their own use. The tight airliner market has made these deals far more attractive, with U.S. airlines this year a
4 min read - WorldAssociated Press Finance
European election tests an unpopular government and a scandal-hit far-right party in Germany
A strong far-right party that has been embarrassed by its leading candidate and alienated its European allies. German politics are in a disgruntled, volatile state as the country's voters prepare to fill 96 of the 720 seats at the European Parliament on June 9, the biggest single national contingent in the 27-nation European Union. It's the first nationwide vote since center-left Chancellor Olaf Scholz took power in late 2021, ending the 16-year reign of center-right predecessor Angela Merkel.
5 min read - BusinessTipRanks
ZTS, SYK, LLY: Which Healthcare Stock Is the Best Buy?
The following healthcare picks —ZTS, SYK, LLY— have solid fundamentals and resilient enough growth profiles to be worthy of consideration, even as the rest of the market hits the panic button over the possibility that rates could stay elevated for another quarter. As high rates derail the stock market rally, don’t overlook these resilient healthcare firms, which boast low betas (indicating less correlation to the rest of the stock market), carve out a path higher. Therefore, let’s check with Tip
5 min read - WorldReuters
Russian forces firm control of offensive line near Kharkiv, Russia-installed officials say
"The control of strategic hills nearby the settlement of Lyptsi allows our troops to keep under fire control the immediately adjacent defence line to the city of Kharkiv, and control all supply routes," Vitaly Ganchev, a Russian-installed official in Kharkiv told Russia's RIA state news agency. That includes the Strilecha-Lyptsi area between two small villages and the vicinity of the border town of Vovchansk where there has been street fighting.
1 min read - WorldAFP
US, Chinese defence chiefs set to meet in Singapore
The US and Chinese defence chiefs will hold rare direct talks in Singapore on Friday, offering hopes for more military dialogue that could help prevent disputes over Taiwan and other flashpoint issues from spinning out of control.The highly anticipated meeting between Austin and Dong follows a phone call between the pair in April, and offers hope of further military talks to cool tensions.
3 min read - WorldAFP
US says Russia using N. Korea missiles in Ukraine
Russia is using North Korean ballistic missiles in Ukraine, a new Pentagon report says, citing debris analysis to confirm long-standing allegations that Pyongyang has been sending weapons to Moscow."Analysis confirms that Russia used ballistic missiles produced in North Korea in its war against Ukraine," the DIA said in a statement released with the report on Wednesday.
3 min read - BusinessSimply Wall St.
ASX Growth Companies With Insider Ownership As High As 28%
Following a week of mixed performances, the ASX200 is poised for a modest uptick, reflecting broader market reactions to global economic signals and specific updates from key sectors. In this context, understanding the significance of insider ownership in growth companies becomes particularly relevant, as it often indicates confidence in long-term prospects amidst fluctuating market conditions.
4 min read
