* Budget carriers struggle with profitability, cut schedules to protect margins * Full-service airlines benefit from loyalty programs and premium product offerings * Frontier CEO predicts recession will benefit low-cost carriers By Rajesh Kumar Singh CHICAGO, May 7 (Reuters) - A slump in travel demand due to President Donald Trump's trade war has left all U.S. airlines reeling, but the...

May 7 (Reuters) - Barrick Mining reported a first-quarter profit on Wednesday that beat analysts' estimates, driven by a surge in gold prices. On an adjusted basis, the company, previously known as Barrick Gold ( GOLD ), earned 35 cents per share in the quarter, compared with analysts' average expectation of 28 cents per share, according to data compiled by...

06:01 AM EDT, 05/07/2025 (MT Newswires) -- Alvotech ( ALVO ) said Wednesday that it expects potential US tariffs on imported pharmaceuticals to have little effect on its 2025 revenue. The company said its biosimilars, made in Iceland, would face a minimum tariff of 10%, translating to less than 1% of projected product revenue. Under contract terms, the company said...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...