Boeing raises new aircraft demand forecast
During its Current Market Outlook (CMO) presentation in London today, Boeing raised its forecast of new aircraft demand. It believes 36,770 airplanes worth $5.2...
Google Ventures European fund unveiled
A Google Ventures European fund aimed at technology start-ups has been unveiled by the search engine giant. The $100 fund aims to invest in...
Burberry first quarter retail revenues up 9%
Trenchcoat maker Burberry first quarter retail revenues increased by 9% (17% at constant currencies) while same-store sales grew by 12%, compared to Q1 2013....
Amazon bypasses Hachette by offering authors all e-book proceeds
In a move aimed at taking authors out of the current dispute, Amazon bypasses Hachette by offering authors all e-book proceeds. Amazon wrote directly...
Carlos slim slims Mexican telecom presence
Carlos Slim slims América Móvil's presence after new Mexican legislation stipulates that no company is allowed to have a 50%+ share of the national...
Nike Manchester United deal ending
The 13-year old Nike Manchester United deal to manufacture the English football club’s kit, which expires in 2015, will not be renewed. The American...
Latest AbbVie Shire takeover bid sweetened to $51.3bn
Will the latest (fourth) AbbVie Shire takeover bid worth $51.3 billion (£30.1 billion) do the trick? AbbVie’s share plus cash offer comes to £51.15...
Air France-KLM overcapacity lowers earnings guidance
An Air France-KLM overcapacity problem on long-haul flights has prompted the Franco-Dutch airline to lower its earnings guidance for 2014. Rival Lufthansa has recently...
Samsung Q2 profit drop warning
A strong Korean currency and sluggish smartphone sales have prompted a Samsung Q2 profit drop warning. Samsung Electronics’ operating profit for the April-to-June period...
Renault half year sales rose 4.7 percent
Renault half year sales increased by 4.7%. Strong performances of the Clio, Duster phase 2, Sandero and Captur models in Europe helped offset the...