Futures roll higher, brushing aside inflation worries
(Reuters) – Wall Street was set to open higher on Thursday, reclaiming further ground ceded during last week’s sell-off, as investors brushed aside inflation data and preferred stocks over bonds for the fifth day in a row.
Virgin Money creates rare female top team with new hire
(Reuters) – Virgin Money on Thursday appointed former HSBC executive Irene Dorner as chairwoman, creating a rare female duo at the top of one of Britain’s FTSE 350 listed companies.
Avon Products revenue misses as fewer sales representatives sign up
(Reuters) – Avon Products Inc on Thursday reported quarterly sales that fell short of analysts’ estimates, as fewer shoppers purchased products from the cosmetic maker’s shrinking army of sales representatives.
Virgin Money picks Dorner to form rare female leadership team
(Reuters) – Virgin Money formed a rare female chair and chief executive team among Britain’s top 350 listed companies by hiring former HSBC executive Irene Dorner as chairwoman.
World stocks steam higher as inflation fears suddenly fizzle
LONDON (Reuters) – Stocks, bond yields and commodities steamed higher on Thursday while the dollar tumbled, as investors suddenly seemed to forget the inflation fears blamed for a brutal market sell-off in recent weeks.
Britain’s Burberry pairs up with Farfetch in online push
PARIS (Reuters) – Burberry will team up with online retailer Farfetch to make all of its products available to internet shoppers in 150 countries, the British fashion company said on Thursday.
Electric airplane start-up Eviation aims to enter service in 2021 after battery deal
SINGAPORE (Reuters) – Electric airplane start-up Eviation Aircraft Ltd is aiming for its 9-seat commuter aircraft to be flying passengers by 2021 after signing up South Korea’s Kokam as its battery supplier, the Israeli company’s chief executive said o…
Fresh A400M charge clouds strong Airbus 2017 profits
PARIS (Reuters) – Airbus took a 1.3 billion euro ($1.6 billion) hit on its delayed A400M military transport plane, lifting charges on Europe’s troubled defense project above 8 billion euros and clouding higher than expected underlying profits and cash…
Hong Kong Express expects six-month delay in Airbus A320neo delivery: source
SINGAPORE (Reuters) – Hong Kong Express expects at least a six-month delay in deliveries of new Airbus SE A320neo jets due to issues with engines made by Pratt & Whitney, a source with knowledge of the situation said on Thursday.
Airbus says U.S. seeks information on UK/French corruption case
PARIS (Reuters) – Airbus said on Thursday it had been asked to supply information to U.S. authorities about conduct at the center of a UK and French probe into the use of middlemen in jetliner sales, potentially drawing the United States into the corru…
