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Singapore Airlines roars back to quarterly profit on travel jump

  Bloomberg Singapore Airlines Ltd swung back to quarterly profit for the first time since the onset of the pandemic, helped by strong cargo demand and the island city’s sustained efforts to revive international travel. The carrier reported net income of S$85 million ($63 million) for the third quarter ended on December 31 versus a loss of S$142 million the ...

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Lowe’s shares rise on sales beat, increase in full-year outlook

  Bloomberg Lowe’s Cos beat Wall Street’s sales expectations and raised its full-year outlook as professional contractors increasingly turn to the home-improvement retailer for their materials. The company now predicts comparable sales will rise as much as 1% this year, according to a statement, compared with an earlier forecast calling for at best no change from the prior year. Gross ...

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Delta Air suspends marketing alliance with Russia’s Aeroflot

  Bloomberg Delta Air Lines Inc suspended a marketing agreement with Aeroflot, Russia’s national airline, after the country invaded Ukraine. Withdrawal of the code-sharing accord, an industry practice that enables passengers to book a multicarrier trip through one airline, is effective immediately, Delta said. The suspension means Delta will no longer book passengers flying through Los Angeles and New York ...

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