Airbus (AIR.PA), Europe’s biggest planemaker, on Thursday increased its controlling stake in the A220 regional jet program – Embraer’s main rival – as Canada’s Bombardier (BBDb.TO) sold out of the project it had set up.
The company, which reported a smaller-than-expected third-quarter loss on Friday, is conducting a “thorough strategic review” of its production facilities as it seeks to cut costs and become profitable, executives said.
The move comes ahead of a shareholder vote later this month to approve Hudson’s Bay Executive Chairman Richard Baker’s C$2 billion ($1.51 billion) bid to take the retailer private. As a private company, Hudson’s Bay will be able to invest in its business without facing scrutiny from public shareholders.
RALEIGH, N.C. (Reuters) – Part-time ice hockey goalie David Ayres had never been to North Carolina, but he arrived an instant statewide hero, was declared an honorary citizen by the governor, and was suitably feted before the Carolina Hurricanes’ home game on Tuesday.
The appointment of Hasker, a senior adviser at private equity firm TPG and former McKinsey & Co media consultant, could be announced as soon as Tuesday, when the Toronto-based company reports its fourth-quarter results, one of the sources said.
(Reuters) – Top women ice hockey players have postponed a three-game series against Japan’s national team due to the worsening of the coronavirus outbreak, the Professional Women’s Hockey Players Association (PWHPA) announced on Monday.
Fourth-quarter earnings before interest and tax, adjusted for special items, advanced to 655 million euros ($707 million), the group said in a statement, coming in below a median analyst estimate of 689 million euros, according to a company-provided poll.
Deliveries rose 15% from 703 to 809 jets, the highest level since 2009, GAMA said in its 2019 year-end aircraft billing and shipment numbers.
Now Xia is looking for a part-time job after the company, with a workforce of about 100, rejected his request to pay at least half his monthly salary during the suspension, and left him no choice but to resign.
The cash and shares deal, announced Monday, will make the combined entity the world’s second-biggest train maker after China’s state-owned CRRC Corp. It is the latest attempt by Western rail firms to try to build scale to lower costs.
(Reuters) – Towering American Reilly Opelka beat Japan’s Yoshihito Nishioka in three sets to win his second career ATP Tour title at the Delray Beach Open in Florida on Sunday.
“The government agreed to overlook HSBC’s continued misconduct, electing not to punish the bank, prosecute its executives or even extend the monitorship,” Huawei’s lawyers wrote in a Feb. 10, 2020 letter filed in U.S. District Court in Brooklyn, New York. The letter was seen by Reuters on Tuesday.