Johnson & Johnson on Tuesday topped analysts’ estimates for quarterly profit and revenue, driven by higher sales of rare-disease treatments from its acquisition of Actelion and cancer drugs Zytiga and Darzalex.
British Airways parent IAG plans to expand its long-haul network from Vienna with new budget brand Level, Chief Executive Willie Walsh said on Tuesday.
U.S. airplane leasing firm Air Lease Corp announced on Tuesday a commitment to order as many as 78 Boeing Co single-aisle and wide-body airplanes in a deal valued at $9.6 billion at list prices.
Johnson & Johnson lowered its sales forecast for 2018 on Tuesday, citing a strengthening dollar.
U.S. airplane leasing firm Air Lease Corp announced on Tuesday a commitment to order 75 Boeing 737 MAX single-aisle aircraft and three 787-9 widebodies.
Johnson & Johnson reported a 3.3 percent rise in quarterly profit on Tuesday, as higher sales of cancer drugs Zytiga and Darzalex helped offset pressure on its blockbuster rheumatoid arthritis treatment Remicade.
Kenya’s Safaricom is in “advanced talks” with the Ethiopian government to introduce its popular M-Pesa mobile money service to neighboring Ethiopia, a market of 100 million people, two sources said on Tuesday.
Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry’s resilience to rising global trade tensions.
The chief executive of BAE Systems said the aim was to bring in international partners to help develop Britain’s new fighter jet by the end of 2019.
Thyssenkrupp shares bounced 8 percent on Tuesday, lifted by hopes of a deeper restructuring of the German submarines-to-elevators conglomerate after the chairman resigned, leaving the company in a leadership crisis.
Japan’s efforts to show off its new regional jet, the MRJ, were dealt another setback on Tuesday after a prang forced it to skip a flying display at the Farnborough Airshow.
UnitedHealth Group Inc posted a second-quarter profit that beat Wall Street estimates as it added more members to its health plans, and the company raised its full-year earnings forecast.
Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry’s resilience to rising global trade tensions.
The sales chief of Eurofighter said he was confident the four-country consortium could sell “several hundred” more aircraft in coming years, given rising military spending and ongoing competitions.
World stocks recovered some ground on Tuesday as oil prices stabilised, while the dollar edged lower and most other markets were subdued before Federal Reserve Chair Jerome Powell testifies to the U.S. Congress.
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