Eli Lilly Earnings Show 9% Sales Drop on Covid-19 Treatment Decline

Business revenue Strong dollar, low realized prices also weigh on top line

Rising Jet-Fuel Costs Threaten to Send Airfares Higher

Prices have skyrocketed, partly due to increased travel demand as China eases its Covid restrictions.

OPEC+ Ministers Stick to Cutting Plan Amid Oil-Demand Uncertainty

A panel of energy ministers said a group of petrostates would continue to cut oil production…

Pfizer Bids Adieu to Covid Boom Years

Market heard on the street COVID-19 fades financial gains, putting pressure on management to deliver new…

Pfizer Expects Drop in Revenue as Covid Vaccine Demand Wanes

Business Health care Health Drugmaker says in earnings report it expects return to development of Covid-products…

China’s Consumers Drive Rebound in Economic Activity

Economists say the depth and duration of the country’s recovery from Covid-19 continues to pose challenges.

Eurozone’s Economy Outpaced China and U.S. in 2022

economy Currency-sector grew faster than its global peers, reversing traditional positions

Don’t Blame Covid for the Worker Shortage

The American workforce is shrinking—often because older people are out of the workforce, or never entered…

Airbus to Hire 13,000 Workers as Delivery Delays Rise

The European aircraft manufacturer plans to increase its workforce by up to 10% to meet growing…

Chinese Consumers Embrace Life Free From Zero-Covid Controls

Chinese travelers filled tourist hotspots at home and booked trips abroad halfway through the first long…