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Target gets top post-earnings pop since 2020 on forecast

Bloomberg Target Corp soared after unveiling a forecast for new profit gains on top of the pandemic-related boom that has already sparked robust growth. Operating profit will post a percentage increase in the low single digits this year, the retailer said, bucking Wall Street’s expectations that the closely watched number would decline. Target also predicted steady financial gains beyond 2022 ...

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United Airlines avoids using Russian airspace

Bloomberg United Airlines Holdings Inc will stop flying over Russia for its daily flights to India, becoming the last major US passenger carrier to withdraw from the airspace following the invasion of Ukraine. The airline expects short-term disruptions as it reroutes flights to Mumbai and New Delhi from its hubs in Chicago, Newark and San Francisco, spokeswoman Leslie Scott said. ...

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Ryanair seeks to squeeze rivals as Ukraine war lifts fuel prices

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said fuel hedging and cost curbs will help it put the squeeze on rivals this summer as the Ukraine invasion adds to a slew of challenges facing airlines. While Ryanair saw bookings drop 20% after Russia launched its attack, sales have already begun to recover and Europe’s biggest discount carrier still ...

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