Air Canada expects costs to rise

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Source: Dukascopy Bank SA
This week, Air Canada announced that it had suffered smaller than forecast quarterly losses. However, the company revealed that it expects its annual costs to increase.
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Wed, 03 Aug 2022 12:30:09 GMT

BP profits soar

BP second quarter earnings have surged, as profits have hit $8.45 billion, which is a 14-year-high level. The company has decided to increase its spending on production and boost dividend pay-out.

Wed, 03 Aug 2022 08:30:07 GMT

Caterpillar profits increase

The industrial company Caterpillar Inc revealed that it had beat second quarter profit estimates due to higher equipment prices decreasing the negative impact of increasing costs.

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