BRUSSELS (Reuters) -French jet engine maker Safran set out plans on Tuesday to invest more than 1 billion euros ($1.1 billion) and hire 4,000 people worldwide to radically scale up its maintenance network as the aviation industry tackles congested repair shops. The plan follows strong demand for LEAP jet engines that Safran co-produces for Airbus and Boeing with GE Aerospace...

(Reuters) -Australia's Woolworths Group ( WOLWF ) reported a 4.5% jump in first-quarter group sales on Wednesday, as lower food prices helped drive more sales volumes. Slowing inflation, combined with the government's tax cuts and electricity rebates in Australia have also helped to alleviate cost-of-living pressures to some extent. The country's top grocer logged total group sales of A$18 billion...

05:39 PM EDT, 10/29/2024 (MT Newswires) -- Michael A Boxer, SVP and General Counsel, on Oct. 25, sold 2,000 shares in Thermo Fisher Scientific ( TMO ) for $1,120,320. Following the Form 4 filing with the SEC, Boxer has control over a total of 12,736 shares of the company, with 12,736 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/97745/000112760224026058/xslF345X05/form4.xml Price: 549.00, Change:...

MEXICO CITY, Oct 29(Reuters) - Mexico's Grupo Financiero Banorte reported on Tuesday a 7% hike in its third-quarter net profit from the year-ago period, hitting 14.24 billion pesos. Revenue for the group, which owns one of the country's largest banks and pension funds, totaled 36.68 billion pesos in the quarter, up 9% from a year earlier. ...