InterGlobe Aviation likely to slip into red on higher costs, weak rupee
InterGlobe Aviation which operates India’s largest domestic airlines, IndiGo, is expected to swing to a loss in second quarter FY 2025 on flat yields, higher non-fuel costs and impacts of rupees depreciation. Estimates vary with with Prabhudas Lilladher Capital projecting ₹129 crore loss before tax and Motilal Oswal pegging the
Boeing Union Workers Reject Contract
The vote, hours after Boeing reported a $6.1 billion loss, will extend a monthlong strike at factories where the company makes its best-selling commercial plane. Source link
California Tribal Casinos May Sue to Curb City Card Rooms
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue. Source link
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth. Source link
Yellen Rebukes Chinese Lending Practices in Call for Debt Relief
In an interview, the Treasury secretary also highlighted progress at the World Bank and the International Monetary Fund ahead of annual meetings this week. Source link
The Best Books About the Economy to Read Before the 2024 Election
The brightest minds explore the issue at every level, from the levers that control inflation to the best way to achieve work-life balance. Source link