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Embraer Delivers 32 Jets In Q2
(RTTNews) - Brazilian aerospace company Embraer (ERJ) announced Monday that it has delivered 32 jets in the second quarter of 2022, of which 11 were commercial aircraft and 21 were executive jets, including 12 light and 9 large.
The Company delivered a total of 46 jets in first half of 2022, comprised of 17 commercial aircraft and 29 executive jets.
As at the end of the second quarter, the firm order backlog totaled $17.8 billion, the highest level since 2Q18, up 12 percent from $15.9 billion in the same period last year.
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FTSE 100 Falls Amidst Israel-Iran Conflict
Renewed geopolitical tensions from the Israel-Iran conflict weighed on sentiment for the FTSE 100 benchmark as it shed more than a quarter percent in Friday's trade.
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Eurozone Trade Surplus Declines To 3-Month Low
Eurozone trade surplus declined to a three month low in April as demand from the US softened following tariff hikes, official data revealed on Friday. The trade surplus declined to EUR 9.9 billion in April from EUR 37.3 billion in March, Eurostat reported. This was the lowest surplus since January. In the same period last year, the surplus totalled EUR 13.6 billion.
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Geopolitical Tensions Drag Down CAC 40
An escalation in geopolitical tensions in the Middle East triggered by the Israel-Iran conflict weighed on market sentiment dragging down the CAC 40. Concerns about the trade dispute between the U.S. also weighed on sentiment.
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Adobe Lifts FY25 Outlook After Higher Q2; But Stock Down
Software major Adobe Inc. issued third-quarter outlook and raised its fiscal 2025 earnings and revenue targets after reporting higher second-quarter profit, above market estimates, amid strong growth in the adoption of AI-powered and creative solutions. Meanwhile, the shares were down nearly 2 in the extended trading on Thursday, and are currently losing in the pre-market activity on the NYSE.
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Sensex, Nifty Follow Global Peers Lower Amid Middle East Tensions
Indian shares fell sharply on Friday, tracking weak cues from global markets after Israel launched strikes against Iran, targeting nuclear facilities and ballistic missile factories as part of efforts "to damage Iran's nuclear infrastructure, its ballistic missile factories and military capabilities."
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Eurozone Industrial Output Falls For First Time In Four Months
Eurozone industrial production declined for the first time in four months in April as the positive impulse from frontloading of orders from the US faded, official data revealed Friday. Industrial output registered a monthly fall of 2.4 percent in April, offsetting March's 2.4 percent increase, Eurostat said. Production was forecast to drop 1.6 percent.
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DAX Drops Amid Middle East Tensions
The DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange slipped more than a percent on Friday as the sharp escalation in the Middle East conflict rattled global markets.
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European Shares Decline Amid Israel-Iran Tensions
European shares drifted lower on Friday as heightened Middle East tensions offset encouraging inflation data from Germany and France.
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