World Extends Run of Heat Records for an 11th Month in a Row
April was the Earth’s 11th consecutive month of record-breaking heat, with warmer weather already sweeping across Asia and a hotter-than-usual summer expected in Europe.
April was the Earth’s 11th consecutive month of record-breaking heat, with warmer weather already sweeping across Asia and a hotter-than-usual summer expected in Europe.
Alstom SA shares soared after the troubled train maker outlined a capital increase of about €1 billion ($1.1 billion) to shore up its balance sheet after project delays and ongoing struggles from the acquisition of a Canadian rival.
BMW AG’s earnings fell in the first quarter after rising manufacturing costs weighed on the luxury-car maker’s profitability.
European stocks ticked higher on a clutch of strong company reports as traders sought firm evidence of an earnings recovery before taking this month’s rally further. The dollar gained.
Toyota Motor Corp. gave a weak profit outlook as recent scandals forced it to trim production, overshadowing strong hybrid vehicle sales.
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