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Toyota’s Strong Hybrid Demand Drives Profits and Raises Outlook
In a notable turn of events, Toyota Motor Corporation has reported that its quarterly profits more than doubled from the previous year, attributing the surge to the robust global demand for its hybrid vehicles and favourable exchange-rate movements. “Toyota for years resisted making big investments in purely electric vehicles, repeatedly saying that it felt its…
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Delta Air Lines Reports Stellar Summer Results Amid Fuel Price Challenges
Delta Air Lines, a major player in the aviation sector, has recently shared its financial achievements and forecasts in light of the summer’s strong travel demand, and the third quarter showcased an impressive jump in the airline’s profit, nearly 60%, primarily driven by a surge in international trips. While the industry battled fluctuating fuel prices,…