airbus

Slowdown in orders, hiring curbs U.S. services sector growth

Other data on Thursday showed planned job cuts by U.S.-based employers dropped 31 percent to a five-month low last month. The mixed reports came a day after the Federal Reserve offered a fairly upbeat assessment of the economy and signaled it could raise interest rates next month.

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Slowdown in orders, hiring curbs U.S. services sector growth

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UK opens corruption probe into Airbus jet sales

Britain's Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus, parent company Airbus Group said on Sunday. A UK government agency this year suspended the issue of export credits to Airbus, citing discrepancies in declarations by the plane maker on the use of third-party intermediaries during jet sale negotiations. The agency, UK Export Finance, had said it was referring the discrepancies to the SFO, which would decide whether to launch a criminal investigation.

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UK opens corruption probe into Airbus jet sales

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Iran nuclear pact opponents lobby in U.S. against Boeing, Airbus deals

By Patricia Zengerle WASHINGTON (Reuters) – As the U.S. Treasury Department decides whether to license sales of Boeing Co and Airbus commercial aircraft to Iran, opponents of last year's nuclear pact with the Islamic republic have launched a lobbying campaign against the deals. The international agreement to curb Iran's nuclear program…

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Iran nuclear pact opponents lobby in U.S. against Boeing, Airbus deals

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Macy’s bets off-price stores within stores will drive traffic

(Reuters) – Macy's Inc plans to open Backstage off-price stores within some existing Macy's, betting that the benefit of bringing new customers into stores outweighs the risk of diluting the company brand and undercutting sales of full-price items.

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Macy’s bets off-price stores within stores will drive traffic

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U.S. lawmakers say Takata manipulated data to hide airbag problems

By David Shepardson and Paul Lienert WASHINGTON/DETROIT (Reuters) – U.S. lawmakers on Tuesday stepped up pressure on federal regulators and Takata Corp to accelerate the recall of millions of airbag inflators, citing evidence that the Japanese…

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U.S. lawmakers say Takata manipulated data to hide airbag problems

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Airbus Group profits in line, raises A330 output goal

Airbus Group posted 2015 profit in line with forecasts on Wednesday and announced plans to reverse part of a planned production cut of A330 aircraft due to stronger-than-expected demand. Analysts were on average predicting full-year core operating income of 4.114 billion euros on revenue of 64.736 billion,

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Airbus Group profits in line, raises A330 output goal

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Oil rises as market ponders scale of future Iran exports

By Amanda Cooper LONDON (Reuters) – Oil prices rose on Monday after a breakdown in diplomatic ties between Saudi Arabia and Iran that some speculated could result in supply restrictions, although gains were tempered by data showing some of Asia's largest economies are struggling. Saudi Arabia, the world's biggest oil exporter…

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Oil rises as market ponders scale of future Iran exports

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GM, Lyft announce $500 million investment by automaker and strategic alliance

By Steve Trousdale SAN FRANCISCO (Reuters) – General Motors Inc and Lyft Inc Monday announced an alliance to develop an on-demand network of autonomous vehicles as well as a $500 million investment by the automaker as part of a $1 billion fund-raising round by the ride-sharing service. The two companies said the partnership, which involves one of…

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GM, Lyft announce $500 million investment by automaker and strategic alliance

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Fidelity drops credit card partners American Express, Bank of America

By Tim McLaughlin BOSTON (Reuters) – Fidelity Investments said on Monday it is dropping long-time credit card partners American Express Co and Bank of America Corp , ending a 12-year partnership that has generated billions of dollars in fees. Boston-based Fidelity, which has 24 million customers, said its new partners will be U.S. Bancorp and

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Fidelity drops credit card partners American Express, Bank of America

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U.S. manufacturing activity slumps, construction spending falls

By Lucia Mutikani NEW YORK (Reuters) – The U.S. manufacturing sector contracted further in December, as the impact of a stronger U.S. dollar undermined export profitability, while U.S. construction spending fell for the first time in nearly 1-1/2 years in November, suggesting only moderate economic growth in the fourth quarter of 2105. The U.S. Institute for Supply Management (ISM) said its index of national factory activity fell to 48.2 from 48.6 in November and is now at its lowest level since June 2009. A reading above…

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U.S. manufacturing activity slumps, construction spending falls