* 2024 RevPAR growth of 3% beats expectations * Forecast higher-than-expected interest expenses * Shares down 1.3% (Rewrites, adds CEO comment, analyst, shares, peers; paragraphs 4,7,8) By Raechel Thankam Job and Yadarisa Shabong Feb 18 (Reuters) - Holiday Inn owner IHG is returning more than $1.1 billion to shareholders in 2025 and buying European urban hotel brand Ruby for $116...

03:44 AM EST, 02/18/2025 (MT Newswires) -- Southwest Airlines ( LUV ) said Monday it will reduce its workforce by 1,750 mosrly corporate and leadership employees inas part of a restructuring. The layoffs represent about 15% of corporate jobs and include senior leadership and director posts, including vice presidents, and will be mostly complete by H2 2025. The company said...

LONDON, Feb 18 (Reuters) - British startup Ionetic, which develops electric vehicle battery packs for low-volume automakers, has launched production at a UK pilot plant as it scales up for projects with manufacturers, the company said on Tuesday. The company's 5 million pound ($6.3 million) plant in Brackley, Northamptonshire comes as Ionetic is working on EV battery packs for a...

03:43 AM EST, 02/18/2025 (MT Newswires) -- Taiwan Semiconductor Manufacturing ( TSM ) and Broadcom ( AVGO ) are considering pitching deals to acquire separate pieces of Intel ( INTC ) , The Wall Street Journal reported late Friday, citing people familiar with the matter. Broadcom ( AVGO ) is interested in Intel's ( INTC ) chip-design and marketing business,...