(Reuters) -Hotel operator Hilton Worldwide ( HLT ) raised its forecast for 2024 profit on Wednesday, banking on international travel demand to remain strong and offset losses from normalizing domestic travel in the U.S. It expects a full-year profit between $6.93 and $7.03 per share, compared with its previous forecast of $6.89 to $7.03. Travel companies have been benefiting from...

06:22 AM EDT, 08/07/2024 (MT Newswires) -- Organigram Holdings ( OGI ) , a licensed producer of cannabis, released the preliminary results of a clinical pharmacokinetic (PK) study conducted via the Product Development Collaboration (PDC) on its latest innovation, nanoemulsion technology. A statement said this patent-pending technology, branded FASTTM (Fast Acting Soluble Technology), will be the first innovation to be...

Aug 7 (Reuters) - Air Canada ( ACDVF ) reported a lower second-quarter profit on Wednesday, as excess capacity in certain markets and stiff competition on international routes hurt its pricing power. The carrier's profit fell to C$410 million ($298.23 million) or C$1.04 per share, from C$838 million, or C$2.34 per share, a year earlier. ($1 = 1.3748 Canadian dollars)...

LUSAKA, Aug 7 (Reuters) - Zambia's proposed minerals regulation law could deter investment and deliver a fatal blow to plans to raise annual copper output to 3 million tons, two mining bodies said on Wednesday. Zambia's government has proposed a new Minerals Regulation Commission Bill, which seeks to regulate and monitor the development and management of mineral resources in Africa's...