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...BT has reported better than expected quarterly sales on Allison Kirkby’s first day as chief executive but warned that the telecoms group would continue to lose broadband customers this year....
...The pressure is now on his successor Allison Kirkby to execute a turnaround that investors are counting on to boost languishing returns....
...some other companies)....
...The company has cut the rate at which it produces 737 Max planes as it seeks to resolve manufacturing flaws, resulting in delivery delays that have forced some airlines to amend their flight schedules....
...The sale price “reflects a mandatory discount of at least 50 per cent” to “fair value” under Russian government rules on exits for western companies, Yandex’s parent company said....
...The Paris-based company, which supplies Airbus and Boeing and makes defence equipment, said it would pay a dividend of €2.20 for 2023 compared with €1.35 for 2022....
...Volkswagen reported unexpectedly strong growth in its deliveries of electric and combustion engine cars in China in the first quarter helped by price cuts, while deliveries of EVs in Europe fell sharply...
...She will be one of only nine women leading FTSE 100 companies when she assumes the role....
...Allison Kirkby, who has been appointed to lead BT, would have dropped an emerging career in telecoms had Manchester United’s owners not turned her down as chief financial officer of her favourite English...
...Washington also accused Dalian Machine Tool Group, one of the biggest such companies in China, of providing tools to Russia....
...BT reported a decline in its broadband customers and said it would lose more than it targeted this year, on Allison Kirkby’s first day as chief executive of the UK telecoms group....
...EasyJet flies an all-Airbus fleet with CFM engines and expects to receive its aircraft on time over the rest of the year....
...At the time, we were waiting for Domino’s proxy for 2022, which would show how newly-elevated chief executive Russell Weiner’s consumption habits compared with those of his predecessor, Ritch Allison....
...For example, under these rules, an oil refiner and a car salesroom would share the emissions from the combustion engine of their ultimate client driving to work....
...The UK aerospace group was hurt badly by the pandemic and the problems with its Trent 1000 engines....
...We want to make the combustion engine green, and it's possible to make it green via synthetic fuels because not the engine is the problem. The fuels are the problem....
...Last year, China produced 17.7mn cars with internal combustion engines for the local market, a 37 per cent fall from 28.3mn in 2017....
...The company’s work is weighted towards Airbus and widebody aircraft. It also makes components for Pratt & Whitney’s geared turbofan engines, some of which have been recalled for early reinspection....
...BT Group’s new chief executive, Allison Kirkby, has quite a task on her hands....
...The company is also investing £1bn to improve the time its engines can spend in the air....
...Watson acknowledged, however, that the company’s largest engine, the Trent 97-XWB, faced durability issues in hot, dusty climates....
...Israel moves some of its troops from southern Gaza to prepare for an operation in the city of Rafah, Google is considering charging for AI-powered search, and European defence companies are worried about...
...to make geared turbofan engines installed in Airbus aircraft....
...public body responsible for the delivery of new projects, said the UK would need “at least another couple” of large nuclear power stations after the two currently in development by French state-owned power company...
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