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CORRECTED-UPDATE 3-Boeing recommends airlines suspend use of some 777s after United incident - Vimarsana News

CORRECTED-UPDATE 3-Boeing recommends airlines suspend use of some 777s after United incident

(Corrects number of Korean Air 777s in service and stored in paragraph 18) Feb 22 (Reuters) - Boeing Co said it recommended suspending the use of 777 jets with the same type of engine that shed debris over Denver at the weekend after U.S. regulators announced extra inspections and Japan suspended their use while considering further action. The moves involving Pratt & Whitney 4000 engines came after a United Airlines 777 landed safely at Denver International Airport on Saturday local time after its right engine failed. United said the next day it would voluntarily and temporarily remove its 24...

UPDATE 2-Sika names insider Hasler as new CEO, sees recovery from COVID-19 - Vimarsana News

UPDATE 2-Sika names insider Hasler as new CEO, sees recovery from COVID-19

* New CEO could accelerate emphasis on new product development

UPDATE 1-Sika names insider Hasler as new CEO, posts profit beat - Vimarsana News

UPDATE 1-Sika names insider Hasler as new CEO, posts profit beat

* New CEO could accelerate emphasis on new product development * Operating profit beats forecasts * Expects faster sales growth in 2021 than 2020 Feb 19 (Reuters) - Sika named company veteran Thomas Hasler as its next chief executive on Friday, as the Swiss construction chemicals maker beat estimates for annual operating profit and forecast stronger sales growth in 2021, sending its shares up 2.7% premarket. The 55-year-old Hasler, now head of Sika’s global business and industry division, will replace Paul Schuler who will retire at the end of April and join Sika’s board. Hasler’s appoi...

CORRECTED-UPDATE 3-Lyft says cost cuts, coming ride recovery could bring third-quarter profit - Vimarsana News

CORRECTED-UPDATE 3-Lyft says cost cuts, coming ride recovery could bring third-quarter profit

(Corrects name of CFO to Brian Roberts instead of Nelson Chai, paragraph 4) Feb 9 (Reuters) - Lyft Inc said on Tuesday it could become profitable on an adjusted basis by the third quarter of this year despite the pandemic, three months ahead of a previous target, forecasting a rebound in ride-hail demand beginning in the second quarter of 2021. Shares surged 9% to $58.65 in after-hours trading following the announcement. Lyft expects COVID-19 vaccine distribution to scale up in the second quarter, allowing more people to return to pre-pandemic normality, and said its own cost cuts were ahead ...

UPDATE 1-Euro zone bond yields inch higher ahead of ECB meeting - Vimarsana News

UPDATE 1-Euro zone bond yields inch higher ahead of ECB meeting

* Yields rise on chance PEPP won't be fully used in full: analysts