NEW DELHI, June 7 (Reuters) - India's airport industry is likely to report a 35% rise in pre-tax profit for fiscal year 2025, helped by sustained robust demand for air travel, aviation consultancy CAPA India estimated on Friday. Airports' pre-tax profit will rise to 103.7 billion rupees ($1.24 billion) from 76.8 billion rupees a year ago, CAPA India Vice President...

WASHINGTON (Reuters) - Global insurers plan to invest further in the coming years in the growing but opaque private credit market, according to a new report by Moody's Ratings. In a survey this week of the world's largest insurers, Moody's found that nearly 80% of respondents planned to increase their holdings in at least one class of private credit. Deemed...

MILAN/LONDON (Reuters) - Investors in European equities are stepping up their search for stocks that are likely to benefit from lower borrowing costs, after the European Central Bank's (ECB) first interest-rate cut in almost five years. While the cut was expected, analysts see the move as a potential turning point for beaten-down sectors like utilities and small caps, and even...

June 7 (Reuters) - Investors are scouring U.S. credit card spending patterns to size up which, if any, trends could give specialty retailers a boost in the summer months. Recent quarterly results from retailers show shoppers are selectively buying non-essential, nice-to-have products - forgoing electronics, but not being shy about plunking down cash on those wide-legged jeans they've been coveting....