Airbus ready to phase out A380 if fails to win Emirates deal: sources
PARIS (Reuters) – Airbus is drawing up contingency plans to phase out production of the world’s largest jetliner, the A380 superjumbo, if it fails to win a key order from Dubai’s Emirates, three people familiar with the matter said.
Wall Street opens slightly higher
(Reuters) – Wall Street’s main indexes opened slightly higher on Wednesday, helped by gains in healthcare stocks and a slight rise in technology shares.
Tesla’s Model 3 deliveries point to slower ramp up: KeyBanc
(Reuters) – Tesla Inc is likely to deliver about 5,000 Model 3s in the fourth quarter, KeyBanc Capital Markets analysts said on Wednesday, far below the brokerage’s estimate of 15,000.
Airbus ready to axe A380 if fails to win Emirates deal: sources
PARIS (Reuters) – Airbus is drawing up contingency plans to phase out production of the world’s largest jetliner, the A380 superjumbo, if it fails to win a key order from Dubai’s Emirates, three people familiar with the matter said.
Huawei’s China smartphone sales chief detained for suspected bribe-taking
HONG KONG (Reuters) – Huawei Technologies , the world’s third-largest smartphone maker, said on Wednesday that Chinese police are conducting an investigation, after the China sales head of its smartphone unit was detained on suspicion of accepting brib…
Japan manufacturing scandals haven’t hurt image but have been powerful lessons: ministry official
TOKYO (Reuters) – A string of data-tampering scandals at Japanese manufacturers has not tarnished Japan’s image, though it has been a powerful reminder to avoid sacrificing quality when under cost or delivery pressure, a senior economic official said o…
Stock futures edge higher in quiet holiday trading
(Reuters) – U.S. stock futures edged higher on Wednesday, tracking global equities, which were buoyed by a surge in commodity prices.
In Pakistan, questions raised over GE’s flagship power turbines
ISLAMABAD/SINGAPORE (Reuters) – General Electric’s flagship gas turbines ran into problems in Pakistan earlier this year, leading to delays and lengthy outages at three newly built power stations, according to several senior Pakistani officials and pow…
Russia’s standards agency says Nissan to recall 106,340 cars
MOSCOW (Reuters) – Japanese automaker Nissan Motor Co Ltd will recall 106,340 Nissan cars in Russia, Russia’s technical safety watchdog Rosstandart said on Wednesday.
Barclays expects $1.3 billion writedown from U.S. tax reform
LONDON (Reuters) – Barclays expects to take a writedown of about 1 billion pounds ($1.34 billion) on its annual post-tax profit as a result of the U.S. tax overhaul, the bank said in a statement on Wednesday.
