Air India seeks more wide-body jets, sees profitability 'very soon,' CEO says - Reuters

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  Industry representatives have convened to directly address the urgent modernization of maritime defence capabilities across the continent. This collaborative gathering responds to an expanding spectrum of security challenges requiring immediate adjustments to existing naval vessels. Strengthening operational readiness remains a critical priority as regional forces work to ensure maritime protection against evolving challenges.

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• Thousands of Disney job cuts may be coming. Investors are asking what comes next.

  The entertainment giant is poised to reduce its workforce by thousands of employees as its share price continues to struggle. However, news of the potential cutbacks failed to lift the company's languishing stock on Tuesday. The muted market reaction suggests that broader strategic changes will be needed to restore business momentum.

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• Apple expects Q1 revenue to rise 7%-10% YoY, above 6% est., and gross margins of 45%-46%, below 47% est., as John Ternus says memory costs are "unprecedented" (Michael Acton/Financial Times)

  Executive leadership has identified severe component pricing headwinds as a major drag on the company's profitability targets for the upcoming quarter. Despite anticipating faster top-line growth than Wall Street projected, the tech giant is contending with elevated hardware expenses that are weighing on bottom-line returns.

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