Airbus defense division plans to cut more than 2,300 jobs
The defense business of Airbus on Wednesday laid out plans to cut more than 2,300 jobs, citing a flat space market and postponed defense contracts....
Exclusive: ‘Made in Russia’ passenger jet finds a single buyer, Aeroflot
Russia’s main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond...
Business jet deliveries hit decade high in 2019, helped by new models
Business jet deliveries across the globe hit a decade high in 2019, the General Aviation Manufacturers Association (GAMA) said on Wednesday, helped by strong market...
S&P 500, Nasdaq reach new heights on China stimulus hopes
The S&P 500 and the Nasdaq hit all-time highs on Wednesday as hopes that China would take more measures to prop up its economy eased...
This revamp will be different, says HSBC boss; staff not so sure
Noel Quinn, the interim chief executive of HSBC , says this time things are going to be different....
Oil up 2.5% on slowing pace of coronavirus, U.S. move on Venezuela
Oil prices rose 2.5% on Wednesday as demand worries eased with a slowing of new coronavirus cases in China and supply curtailed by a U.S....
French prosecutors step up Ghosn probe over palace party, Oman dealings
French prosecutors said on Wednesday they had assigned a judge to formally investigate various allegedly suspect financial dealings linked to Renault , which a judicial...
S&P 500, Nasdaq scale new highs on China stimulus hopes, drop in new virus cases
The S&P 500 and the Nasdaq hit fresh highs on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures...
U.S. housing starts drop; building permits near 13-year high
U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help...
Boeing heads to court amid fight over release of 737 MAX documents
Boeing Co heads to court on Wednesday to dispute a request from lawyers representing victims of a 737 MAX crash for documents related to the...