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Norwegian Air sees possible Airbus aircraft sales before year end

Norwegian Air (NWC.OL) expects to announce further aircraft sales by the end of the year including used Boeing 737s as well as some of the new Airbus planes it has on order to reduce it debt commitments. Norwegian Air has committed to acquire 210 new aircraft from Boeing and Airbus by 2020. “We have 90 neos (A320neo) from Airbus on order. …read more […]

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Nike shares hit as Kaepernick ad spurs boycott

Former San Francisco quarterback Kaepernick, the first NFL player to kneel during the national anthem as a protest against racism, posted a black-and-white close-up of himself on Instagram on Monday featuring the Nike logo and “Just do it” slogan, along with the quote: “Believe in something. “First the @NFL forces me to choose between my favorite sport and my country. “Then @Nike forces me to choose between my favorite shoes and my country. …read more […]

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JD.com shares fall after CEO's arrest and release

Chinese retailer JD.com Inc’s stock fell about 3.6 percent in early trading on Tuesday after the firm’s CEO was arrested in the United States on suspicion of criminal sexual conduct and later released. Richard Liu, who founded the firm in 1998, was arrested by police in the U.S. city of Minneapolis on Friday and released the next day before returning to China. Minneapolis police said on Sunday that “an active investigation” was under way. …read more […]