PARIS (Reuters) – Airbus said on Wednesday its Airbus Helicopters unit had signed an order for six H135 military training helicopters from the Royal Thai Air Force. Airbus said in a statement the order would bring the Royal Thai Air Force’s Airbus fleet to 18 units. Source: Read Full Article
FRANKFURT/DUESSELDORF, Germany (Reuters) – Switzerland’s Schindler (SCHP.S) will embark on an all-out legal antitrust offensive if Thyssenkrupp (TKAG.DE) selects Finland’s Kone (KNEBV.HE) as the buyer of its elevator division, board member Alfred Schindler told Reuters. “We would probably file lawsuits in Europe, the United States, Canada, China and possibly Australia. These cases would take at […]
(Reuters) – Home rentals giant Airbnb Inc swung to a loss for the first nine months of last year as costs climbed sharply, The Wall Street Journal reported here on Tuesday, citing people close to the company. Airbnb posted a net loss of $322 million for the first nine months through September 2019, compared to […]
(Reuters) – Office sharing startup WeWork on Tuesday brought forward its target for becoming free cash flow positive by a year to 2022 and said it expects to post its first ever $1-billion revenue quarter this year. The new financial targets are part of Chairman Marcelo Claure’s five-year turnaround plan. WeWork aims to achieve free […]
(Reuters) – The S&P 500 and the Nasdaq opened at all-time highs on Tuesday after top Chinese health adviser said the coronavirus outbreak may peak this month, while Sprint’s shares soared after winning a federal judge’s approval for its merger with T-Mobile. The Dow Jones Industrial Average rose 113.89 points, or 0.39%, at the open […]
(Reuters) – GKSD Investment Holding confirmed on Tuesday that it could make an offer to buy NMC Health (NMC.L), a day after the London-listed healthcare group revealed approaches from two private equity groups. GKSD, an investment vehicle backed by sponsors of Italy’s private hospital chain Gruppo San Donato (GSD), said it was in the preliminary […]
SINGAPORE (Reuters) – Boeing Co (BA.N) said on Tuesday that lessor BBAM had ordered three 737-800 converted freighters to serve the growing e-commerce market and express sectors of the air cargo market. The planes to be converted will come from BBAM’s existing fleet. “This agreement shows how we can serve our customers by delivering efficient […]
LONDON (Reuters) – Global shares sank on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares rose as authorities lifted some work and travel curbs, helping businesses to resume operations. The dollar took a breather, edging lower against a basket of peers after gaining […]
BEIJING (Reuters) – More than 300 Chinese firms including Meituan Dianping (3690.HK), China’s largest food delivery company, and smartphone maker Xiaomi Corp (1810.HK) are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to soften the impact of the coronavirus, two banking sources said. The firms, including China’s dominant ride hailing service provider, […]
(Reuters) – Mattel Inc (MAT.O) will close a factory in Canada after shutting down two plants in Asia, as the toymaker reduces its manufacturing footprint to cut costs, the Wall Street Journal said on Sunday. The maker of Barbie dolls closed its manufacturing sites in China and Indonesia last year and will shut a facility […]