The world’s two largest commercial jet makers struck deals to sell billions of dollars worth of planes at this week’s airshow in Singapore, but supply chain disruptions mean they may struggle to deliver on time. Meeting delivery targets is crucial for cash
The world’s two largest commercial jet makers struck deals to sell billions of dollars worth of planes at this week’s airshow in Singapore, but supply chain disruptions mean they may struggle to deliver on time. Meeting delivery targets is crucial for cash
Sweden’s Ericsson said on Wednesday that it partnered with Deutsche Telekom to offer software tools for developers and business customers, allowing telecom operators to get more revenue from 5G. The new software will help developers create utterly new use cases based on
China’s central bank has asked some of the country’s biggest lenders to refrain from immediately squaring their foreign exchange positions in the market and to run open positions for a while to alleviate downside pressure on the yuan. According to two sources
Dutch brewer Heineken on Friday announced it was pulling out of Russia after selling its operations there to the Arnest Group, the largest Russian manufacturer of cosmetics, household goods, and metal packaging. Heineken said it would incur a total loss of about
You may be surprised if you plan to purchase a Ford Mustang GT. The automaker has just pulled the wraps off a limited-edition version of its pony car, poised to turn heads with a staggering 800 horsepower and a $300,000 sticker. The
Shares in Dutch payments processor Adyens fell by over a quarter on Thursday after its first-half earnings missed analysts’ estimates and the company’s medium-term targets. It cited slower growth in North America, ongoing hiring costs, and rising inflation and interest rates, which
TOKYO (Reuters) – Toyota (7203.T) on Wednesday unveiled the first hybrid version of its Land Cruiser that it will bring to North America and other key markets as it seeks to put a high-margin and iconic sports utility vehicle back on the
The Russian state has taken control of French yogurt maker Danone’s (DANO.PA) Russian subsidiary along with beer company Carlsberg’s (CARLb.CO) stake in a local brewer, according to a decree signed by President Vladimir Putin on Sunday. The decree said that foreign-owned stakes
The world’s major accounting firms are investing in new Indian facilities away from bigger cities as global demand for cheaper back office operations grows and smaller towns move up the economic value chain. Traditionally, large multinational corporations have rushed to India’s biggest
On Tuesday, oil prices were little changed as traders weighed supply cuts by the world’s biggest oil exporters against a sluggish global economic outlook. Brent crude futures were up 2 cents to $77.71 a barrel by 0945 GMT, while U.S. West Texas
