U.S. reports more air strikes against Islamic State in Syria and Iraq

WASHINGTON - U.S. aircraft carried out six strikes against Islamic State militants near the Syrian Kurdish town of Kobani on Thursday and Friday, the U.S. military's Central Command said.


Australia's Qantas returns to profitability in first quarter - CEO 24 Oct 2014

SYDNEY - Qantas Airways Ltd said on Friday it had returned to underlying profitability in the first three months of the financial year, as it benefited from its strategy of containing seating availability to drive up fares.


Outgoing Thales CEO says new focus to hold as orders rise 23 Oct 2014

PARIS - The outgoing head of France's Thales sought to reassure investors that a new global focus at the aerospace and defence group was irreversible, as he unveiled his last quarterly figures containing a boost from developing economies.


Engine parts supplier questions case for Airbus A380 upgrade 23 Oct 2014

BERLIN/PARIS - The case for developing new engines for a sales-boosting upgrade to Airbus's A380 passenger jet has been called into question by a partner in one of the planemaker's engine suppliers.


Safran shares rise on third-quarter revenues, confident outlook 23 Oct 2014

PARIS - France's Safran posted solid third-quarter sales and said it would easily meet 2014 profit forecasts on Thursday, pushing its shares up as aerospace investors put aside recent concerns over the economy.

Safran CEO says civil aerospace market still 'very active' 23 Oct 2014

PARIS - The head of French aerospace group Safran said on Thursday the civil aerospace market remains "very active", painting an upbeat picture of demand despite recent investor fears of a downturn in the industry's business cycle.


Global shares falter as Wall Street tumbles; bond prices fall 22 Oct 2014

NEW YORK - Global equity markets fell on Wednesday, reversing earlier gains driven by solid corporate earnings and mild U.S. inflation data that may let the Federal Reserve keep interest rates lower for longer, as U.S. stocks retreated after some big corporate names sold off.


Boeing profit jumps 18 percent, but cash is scarce 22 Oct 2014

- Boeing Co reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defence business.

Boeing books first sales to Iran since 1979 22 Oct 2014

SEATTLE - Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between U.S. aerospace companies and Iran since the 1979 U.S. hostage crisis.


Porsche cashes in on turnaround with consultancy business 22 Oct 2014

BERLIN - Just as sports car fans adore the Porsche 911, so company bosses are in awe of the automaker's industry-leading profit margins, allowing it to develop a consultancy business with a growing list of high-profile clients keen to find out how it's done.