BENGALURU (Reuters) – Sri Lankan shares closed higher on Thursday, driven by gains in financial and industrial stocks.* The CSE All Share index settled 1.4% higher at 12,075.98, gaining for three straight sessions.* LOLC Holdings and John Keells Holdings were the top gainers on the CSE All Share, rising 5.6%…

By Rajesh Kumar Singh and Shivansh Tiwary(Reuters) -Southwest Airlines on Thursday warned of higher costs and slower revenue growth this year after slashing its estimates for new aircraft deliveries from Boeing (NYSE:) by more than half, sending its shares lower.The Dallas-based airline said it will end operations at some airports,…

On Thursday, UBS provided insights into the recent dynamics of oil prices, noting that geopolitical tensions had initially prompted a surge in above $90 per barrel. This increase was linked to concerns about the potential for a broader regional conflict.However, the firm observed that the initial price spike due to…

POLITICS

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President Joe Biden’s reelection campaign is making a new digital ad buy in Pennsylvania aimed specifically at targeting Nikki Haley supporters, campaign officials told CNN, marking the latest sign of the Biden team’s growing efforts to try to woo would-be Republican voters who find Donald Trump unacceptable. The decision to direct additional resources – which the officials described as part of a “mid-six figures” ad buy – toward courting Haley backers in Pennsylvania was prompted by the state’s Republican primary contest on Tuesday. The president’s campaign saw those results as a serious warning sign for Trump – and an opportunity…

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Investing

Germany’s economy looks like it could expand, but don’t bet big on it. A rise in energy costs could easily torpedo any manufacturing rebound in a trice. Here’s what we know now. First, the German government revised its 2024 GDP growth forecast to 0.3% up from the previous projection of…