Aerospace & Defence
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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.
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.
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.
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.
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.
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.
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 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.
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.
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.