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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.+2
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.+2
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Jul. 28—VALDOSTA — South Georgia can expect another week of thunderstorm activity, according to forecasters. The daytime storm chances for Valdosta range from 40-60% through the weekend, thanks to "plenty of moisture" plus a high-pressure system in the area, said Wright Dobbs, a meteorologist with the National Weather Service's Tallahassee, Fla., office. John Ferrick, senior meteorologist with ...
Sterling held firm near a 13-day high against the dollar on Wednesday as a fall in UK COVID-19 infections raised investor hopes that the Bank of England could be less dovish than expected when it meets next week.
(Bloomberg) -- Citizens Financial Group Inc. agreed to buy Investors Bancorp Inc. in a $3.5 billion deal that will give it a bigger presence in New York City and Philadelphia.The cash and stock transaction is expected to be completed in the first half of next year, the banks said in a statement Wednesday. The purchase will give Citizens roughly $27 billion of assets, bringing its total above $200 billion.Citizens, based in Providence, Rhode Island, is already among the 20 biggest U.S. banks and