07:38 AM EST, 12/12/2024 (MT Newswires) -- Transat (TRZ.TO) on Thursday reported higher fourth-quarter earnings and revenue. Net income for the three months ended Oct. 31 jumped to $41.2 million, or $1.05 per share, from $3.2 million, or $0.08 per share. Revenue roes 3.2% on the quarter to $788.8 million. The increase is due to a 2.7% increase in traffic,...

07:39 AM EST, 12/12/2024 (MT Newswires) -- Alphabet (GOOG, GOOGL) and Meta Platforms ( META ) , along with other tech giants, are set to face new regulations in Australia that would require them to partner with local media and pay for news shared on their respective platforms, according to reports published Thursday. The companies could be charged taxes or...

Shares of Adobe Inc ( ADBE ) experienced a significant decline in pre-market trading on Thursday, following the company’s release of a revenue forecast that fell short of expectations. The Photoshop maker saw its shares drop by 11.75% during pre-market hours on Thursday, according to Benzinga Pro. This decline followed a lackluster full-year revenue forecast, raising concerns about the timeline for returns on AI investments....

07:41 AM EST, 12/12/2024 (MT Newswires) -- Rio Tinto (RIO) said Thursday it will invest $2.5 billion to expand capacity at its Rincon lithium project in Argentina to 60,000 tonnes of battery grade lithium carbonate annually. The company said it expects to begin construction of the expansion plant, which will have a capacity of 57,000 tonnes, in mid-2025, with first...