Airbus faces record fourth-quarter delivery task to hit goal
Airbus shares rose on Tuesday as investors bet a 13.5% rise in nine-month deliveries put it within reach of a full-year goal despite factory snags, while the cancellation of five jets from struggling Norwegian Air took the edge off 41 new orders.
Wall Street tumbles as concerns over trade talks mount
U.S. stocks fell more than 1% on Tuesday as sentiment soured ahead of high-level trade talks after a report the Trump administration was moving ahead with efforts to limit capital flows into China and the inclusion of more Chinese firms in a blacklist….
IKEA to open first store in Slovenia in 2020
IKEA will start building its first store in Slovenia in October with construction expected to be completed in about 12 months, the Swedish furniture retailer said on Tuesday.
Netflix signs deal with Mediaset to co-finance Italian films
Netflix has struck a deal with Italy’s top commercial broadcaster Mediaset to produce films in the country, the two companies said on Tuesday, as they step up efforts to boost viewers amid tough competition.
Netflix CEO says plans to open offices, pay tax in Italy
Netflix Inc plans to open offices and start paying tax in Italy, Reed Hastings, chief executive of the U.S. video streaming service said on Tuesday after launching a production partnership agreement with Mediaset .
Oil falls on concerns over U.S.-China talks, weak economic data
Oil prices fell on Tuesday as Washington’s blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, though unrest in Iraq and Ecuador lent some support to crude prices.
Rent the Runway back up after operational glitch
U.S. clothing rental service Rent the Runway said on Tuesday its business was back online after an operational snag caused the company to cancel several customer orders and hold off on new sign-ups.
Nissan pins hopes on surprise CEO choice to lead revival
Nissan Motor Co named a relative outsider who joined the automaker mid-career as its next CEO on Tuesday, picking Makoto Uchida in a surprise move that was immediately seen as positive for its strained ties with top shareholder Renault.
Weak U.S. producer prices support another Fed interest rate cut
U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, which could give the Federal Reserve room to cut interest rates again later this month.
Vodafone to close 15% of European stores
Vodafone will shut 15% of stores in Europe and upgrade some of the remaining outlets as customers buy online and change their expectations of in-store shopping, chief executive Nick Read said on Tuesday.
