Business
Feb 27, 2024
US court gets 12 preliminary bids in Citgo share auction

By Marianna Parraga and Tom Hals HOUSTON/WILMINGTON (Reuters) -A U.S. court is weighing 12 initial bids from private investment funds and companies participating in an auction of shares of refiner Citgo Petroleum's parent, a court officer said on Tuesday, a…

Business
Feb 27, 2024
Norwegian Cruise forecasts upbeat Q1 profit on record demand

By Doyinsola Oladipo and Ananya Mariam Rajesh (Reuters) - Norwegian Cruise Line Holdings forecast a first-quarter profit above Wall Street estimates on Tuesday, as it controls costs and benefits from higher ticket prices and steady demand for cruises globally, sending…