MEXICO CITY, Nov 8 (Reuters) - Two of Latin America's top airlines - Chilean carrier LATAM and Mexico's Aeromexico - are considering alternatives to sustainable aviation fuel (SAF), which remains in short supply in the region, as a means to cut carbon emissions. WHY IT'S IMPORTANT Aviation is a heavily polluting industry due to the jet fuel used to power...

LONDON (Reuters) - Inter IKEA, the owner of the world's biggest furniture brand, reported higher profits for 2024 thanks to lower interest payments, despite a sharp decline in revenues after it cut prices across its range of products like BILLY bookcases. The price reductions are an attempt to boost IKEA's affordability after it hiked prices significantly in 2021-2022 when supply...

07:43 AM EST, 11/08/2024 (MT Newswires) -- CompoSecure ( CMPO ) reported Q3 adjusted net income Friday of $0.27 per diluted share, up from $0.24 a year earlier. Analysts polled by Capital IQ expected $0.29. Net sales for the quarter ended Sept. 30 were $107.1 million, up from $96.9 million a year earlier. Analysts surveyed by Capital IQ expected $105.5...

Sony Group Corp ( SONY ) reported fiscal second-quarter 2024 consolidated sales growth of 3% year-on-year to $19.44 billion (2.91 trillion Japanese yen), missing the analyst consensus estimate of $19.62 billion.  EPS of $0.37 (55.74 yen) beat the analyst consensus estimate of $0.27. Segments & Profits: Game & Network Services (G&NS) revenue increased 12% Y/Y to ¥1.07 trillion, and operating income climbed 184% Y/Y to ¥138.8 billion. Higher sales of non-first-party...