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American Airlines shares sink as it lowers demand outlook
American Airlines shares sink as it lowers demand outlook
Economy
by  AFP

Shares of American Airlines dove Wednesday after it lowered its profit outlook, citing weaker demand and a troubled booking system upgrade. American lowered its second-quarter profit margin outlook and now sees earnings per share of between $1.00 to $1.15.

Rich nations met $100 bn climate finance goal two years late: OECD
Rich nations met $100 bn climate finance goal two years late: OECD
Economy
by  AFP

Wealthy countries met their target of providing $100 billion in annual climate aid to poorer nations for the first time in 2022, two years later than promised, the OECD said Wednesday. More than a decade later this target was finally met for the first time in 2022 with $115.9 billion raised, the Organisation for Economic Co-operation and Development said.