Airbus executive says considering cuts to A380 production, still undecided
SINGAPORE (Reuters) – Airbus SE is considering cutting production of its A380 superjumbo to six or seven planes a year, but has made no final decision on the matter, a top executive said on Thursday amid growing question marks over the future of the d…
Airbus executive says considering cuts to A380 production, no decision yet
SINGAPORE (Reuters) – Airbus SE is considering a reduction in A380 superjumbo production to six or seven a year but the company had not made a final decision yet, a top executive said on Thursday.
Asia stocks edge higher after Fed meeting; dollar, U.S. yields sag
TOKYO (Reuters) – Asian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike but flagged caution about inflation, tempering expectations for future tightening, which weighed on the dollar and Treasur…
Fox’s Star to bring Disney cash and cricket in India
(Reuters) – Walt Disney Co’s expected deal with Twenty-First Century Fox Inc would give the world’s best-known entertainment company new advantages in India, such as cricket rights and local-language TV shows for the fast-growing media market.
Republicans forge tax deal, final votes seen next week
WASHINGTON (Reuters) – Congressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that would slash the U.S. corporate tax rate to 21 percent and cut taxes for wealthy American…
Bumper crop of new drugs fails to lift big pharma R&D returns
LONDON (Reuters) – It is shaping up to be a bumper year for drug approvals, with U.S. officials clearing twice as many novel medicines as in 2016, yet returns on research investment at leading pharmaceutical companies are down.
Disney deal set to value Fox at more than $75 billion: source
(Reuters) – Walt Disney Co’s deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said.
Dutch-Belgian supermarket to battle Amazon on two fronts
ZAANDAM, Netherlands (Reuters) – Unlike investors who sold off rival food retail stocks in response to Amazon’s plan to buy Whole Foods, Ahold Delhaize boss Dick Boer took the news in stride.
U.S. Republicans craft tax deal, final votes seen next week
WASHINGTON (Reuters) – Congressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that would slash the U.S. corporate tax rate to 21 percent and cut taxes for wealthy American…
Ford to shift midsize sedan production out of Mexico: sources
(Reuters) – Ford Motor Co has told suppliers it plans to shift production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and move it to China, three sources said on Wednesday.
