Boeing reported its first quarterly profit since 2019 and revenue topped expectations, as the giant aircraft maker tries to dig out from the most difficult stretch in its history. Boeing said Wednesday that it earned $567 million in the second quarter, compared with a $2.4 billion loss a year ago. The company delivered 79 commercial planes in the quarter, compared with 20 a year earlier.

Brazilian industry in July operated at its hottest level in almost seven years as it continued to recover from the worst of the COVID-19 pandemic, a survey showed on Wednesday, while confidence in the sector hit a six-month high. Capacity utilization rose 0.7 percentage points in the month to 80.1%, according to the think tank Fundacao Getulio Vargas. A high capacity utilization rate often signals rising inflationary pressures too.