Aug 29 (Reuters) - Canadian Imperial Bank of Commerce ( CM ) reported a rise in third-quarter profit on Thursday, as the lender set aside smaller funds to cover potential loan losses. The bank's adjusted net income rose to C$1.90 billion ($1.41 billion), or C$1.93 per share, in the three months ended July 31, from C$1.48 billion, or C$1.52 per...

KUALA LUMPUR, Aug 29 (Reuters) - Malaysia Aviation Group (MAG), the parent of national carrier Malaysia Airlines, said on Thursday it would reduce network capacity by 20% across its airlines this year amid a shortage of planes, labour and parts. The group, which also operates carrier Firefly and Muslim pilgrimage service provider Amal, said in a statement the reduction would...

05:48 AM EDT, 08/29/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) is pondering the construction of a large data center in Vietnam, Reuters reported Thursday, citing an unnamed person briefed on the plans. The company is considering building a hyperscale data center close to Ho Chi Minh City, the source told the news outlet. The size and...

05:53 AM EDT, 08/29/2024 (MT Newswires) -- Birkenstock Holding ( BIRK ) reported fiscal Q3 adjusted earnings Thursday of 0.49 euros ($1.11) per diluted share, up from 0.44 euros a year earlier. Analysts surveyed by Capital IQ expected 0.52 euros. Revenue for the quarter ended June 30 was 564.8 million euros, compared with 473.2 million euros a year earlier. Analysts...