Tuesday , 16 December 2025

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United sees profit on horizon despite renewed virus fear

Bloomberg United Airlines Holdings Inc. is confident that a domestic travel resurgence will continue despite rising coronavirus infections, leading the carrier to forecast profits for the rest of this year “We don’t just see the light at the end of the tunnel, we’re exiting the tunnel,” Chief Executive Officer Scott Kirby said on an earnings call, citing robust demand. “It’s …

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Uber ramps up on-demand grocery in US 

Bloomberg Uber Technologies, Inc is accelerating its on-demand grocery delivery service in the US, more than doubling the cities where it’s available and partnering with a major grocer as the pandemic-fueled delivery competition heats up. After launching its grocery delivery service last July, Uber said on Monday that it can now be used in more than 400 locations in the …

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ECB to lift ban on eurozone banks’ dividends as economy rebounds

Bloomberg The European Central Bank (ECB) said it will lift a cap on how much lenders can return to shareholders with dividends and share buybacks, while urging them to remain cautious given uncertainty in pandemic. The ECB “decided not to extend beyond September 2021 its recommendation that all banks limit dividends,” the central bank said in a statement. “Instead, supervisors …

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