Airbus should lower the price of its A380 jetliner if it wants to sell more of them, IAG CEO Willie Walsh said on Friday, adding that the airline group would consider additional aircraft if the price was right.
Global shares edged down from their highest in two months on Friday as data showing shrinking factory activity in China ended a rally that took them to their best January on record.
Entities outside the United States have until April 28 to wind down their purchases of petroleum and petroleum products from Petróleos de Venezuela SA, the U.S. Treasury Department said in a notice posted early on Friday.
Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG) export facility in Texas, three people familiar with the transaction said.
Automaker General Motors Co is in talks to invest 9 billion reais ($2.5 billion) in the Brazilian state of Sao Paulo over the next three years in return for tax incentives, newspaper Valor Economico reported on Friday.
Braced for a possible logistical nightmare when Britain leaves the European Union in March, Honda Motor Co Ltd said on Friday it was preparing to front-load some production at its plant in the country to ship overseas or build up inventories.
Airbus will have to set a cheaper price for its A380 if it wants to sell more of them, IAG CEO Willie Walsh said on Friday, after Reuters reported that Emirates could switch some orders for the world’s largest jetliner.
U.S. electric vehicle maker Tesla Inc said it will start taking orders in China on Friday for a lower-priced version of its Model 3 car, as it seeks to accelerate China sales hit by trade friction between Washington and Beijing.
Factory activity was at its weakest in years across much of the world during January, adding to worries trade tariffs, political uncertainty and cooling demand poses an increasing threat to global growth.
Indonesian ride-hailing firm Go-Jek has raised around $1 billion in a funding round, led by Alphabet Inc’s Google, JD.com Inc and Tencent Holdings, sources familiar with the matter said on Friday.
Global shares crept lower from their highest levels in two months on Friday as data showing shrinking factory activity in China dampened a rally that took them to their best January on record.
Japan’s Sony Corp reported lower-than-expected profit on Friday as its previously thriving gaming business sagged, though a one-off gain related to its acquisition of EMI nevertheless pushed the quarterly result to a record high.
India’s revised e-commerce rules caused widespread disruption on Amazon’s India website when they kicked in on Friday, forcing the company to take down its key grocery service and remove a wide range of products such as sunglasses and floor cleaners.
Austrian aeroplane parts maker FACC is ready to spend 500 million euros ($572 million) on acquisitions to make it less dependent on suppliers, add new technologies and strengthen its core business, its chief executive said.
U.S. President Donald Trump said on Thursday he will meet with Chinese President Xi Jinping soon to try to seal a comprehensive trade deal as Trump and his top trade negotiator both cited substantial progress in two days of high-level talks.
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