Rachna Uppal

1 week ago | gurutrade.com | Corina Pons |Inti Landauro |Charlie Devereux |Rachna Uppal

MADRID, June 18 (Reuters) - Iberia expects to increase its fleet of long-haul aircraft to 70 planes from 45 by the middle of the next decade, the Spanish airline said in a strategic plan released on Wednesday. Owned by International Consolidated Airlines, Iberia plans to invest 6 billion euros ($6.90 billion) as part of the plan. Iberia CEO Marco Sansavini told reporters that 70% of the investment needed for the fleet expansion will come mainly from its own cash flow.

1 week ago | gurutrade.com | Anushree Mukherjee |Kate Mayberry |Rachna Uppal

G7 leaders to discuss Israel-Iran conflict in Canada No sign of panic among investors over Middle East escalation Fed policy decision due on Wednesday June 16 (Reuters) - Gold fell on Monday as investors weighed the impact of the ongoing Israel-Iran conflict, while also focusing on the Group of Seven (G7) leaders meeting and the U.S. Federal Reserve policy decision later this week.

2 weeks ago | cp24.com | Aditya Kalra |Munsif Vengattil |Kate Mayberry |Rachna Uppal

NEW DELHI - Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50 per cent and a clear sign of Apple's efforts to bypass high U.S. tariffs imposed on China.

4 weeks ago | gurutrade.com | Simon Johnson |Terje Solsvik |Rachna Uppal

STOCKHOLM, May 30 (Reuters) - Sweden's economy contracted in the first quarter compared to the previous three months, government data showed on Friday, increasing the likelihood of an interest rate cut by the central bank over the coming months. Global trade frictions had cast a pall over the economy and increased uncertainty about the outlook, the government said earlier this month, as it trimmed its forecast for GDP growth this year and next.

4 weeks ago | gurutrade.com | Johann M Cherian |Sonali Paul |Rachna Uppal

Upbeat Tokyo core inflation underpins yen Fed's preferred PCE inflation data awaited Dollar index set for fifth-straight monthly decline SINGAPORE May 30 (Reuters) - The U.S. dollar wobbled on Friday, heading for its fifth-straight monthly decline as traders braced for further uncertainty around trade policy and U.S. fiscal health while awaiting pivotal inflation reports later in the day.