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...For Comac to compete with Airbus or Boeing on a global scale, “it’s probably going to take 20 years”, said Willie Walsh, head of the International Air Transport Association....
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...BDS for as much as €1.8bn....
...Consultancy Bain expects the market for personal luxury goods to grow 1 to 4 per cent in 2024, down from an estimated 8 to 10 per cent in 2023....
...Boeing’s stock fell 1.8 per cent to $200, putting them down 20 per cent since the start of the year, while Spirit’s shares closed 15.4 per cent higher at $32.98, valuing it at almost $4bn....
...Polling by the non-profit climate research advocacy group Energy and Climate Intelligence Unit and Focaldata of 1,010 adults in Scotland, found that 73 per cent of Scots supported the longer term target...
...The overhaul, which is expected to result in 20,000 job losses by 2026, is moving faster than previously indicated....
...Citi says the reorganisation will wipe out five layers of management, cutting them down to eight from 13, with the heads of Citi’s five business units reporting directly to Fraser....
...NN Group: Shares in the Netherlands-based firm rose 4.1 per cent after it announced a €300mn settlement with a number of consumer groups over sales of unit-linked insurance products and said it planned a...
...Unit case volumes fell 1 per cent in the full year as a result of lower demand for Coca-Cola’s water, sports, coffee and tea business....
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...We forecast 50 deliveries in FY23 followed by 30,000 units in FY24 and 78,000 units in FY25. Our ATP assumption starts at $90k and falls to $84k by 2025....
...Adjusted earnings per share were $0.29, and the company lifted its full-year guidance from a range of $1.00-$1.10 to $1.20-$1.24....
...Durable goods: The Census Bureau is expected to report that new orders of durable goods increased 1.1 per cent month-over-month in December, according to analysts polled by LSEG....
...In a report in June, RTE, the French grid operator, estimated that retrofitting 640,000 housing units per year until 2035 — already quite a demanding target — would lead to a 20 terawatt-hour decrease in...
...Weightman’s Corinthia Global Management — an investment firm he set up in 2022 and which lists just one other employee on its website — announced it had poached more than 20 senior executives from the $381bn...
...Russian units are not sweeping across the battlefield as they did in February 2022....
...However, the UK operations have struggled since the takeover, reporting a £1.5mn loss in the year to March 2023, according to accounts filed at Companies House....
...Although some of the consortium have been operating in the Niger Delta for 20 years, the companies have little profile outside of Nigeria....
...Iger announced a bunch of initiatives to please shareholders, like big cost cuts and a $1.5bn investment into Epic Games....
...He said he would rule by June 20. Epstein pleaded guilty in 2008 to a state charge in Florida of soliciting a minor for prostitution....
...Ben Whitmore, the current manager of the Jupiter UK Special Situations Fund (AUM £2.1bn), Jupiter Income Trust (AUM £1.6bn), Jupiter Global Value Unit Trust (AUM £1.0bn) and Jupiter Global Value SICAV (AUM...
...It has targeted a 20 per cent ROTE....
...That uplift from Apple came in a year that was the worst in a decade for the smartphone market, with device shipments falling 3.2 per cent to 1.17bn units, IDC said....
...His unit is operating American artillery systems at the frontline in the eastern Donetsk region, and is short of ammunition....
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