Bloomberg Airbus SE boosted its financial targets for the second time this year while confirming a production ramp-up that would cement the European planemaker’s advantage over Boeing Co. The shares rose as much as 3.2% after Airbus said adjusted operating profit will reach $5.2 billion in 2021. The company reversed some of the charges it took for Covid-19 disruptions as ...

Bloomberg American Airlines Group Inc cancelled 460 flights after weather conditions affected its staffing needs. The cancellations made up 9% of its mainline and regional flights, it said. With two days of severe weather at its Dallas-Fort Worth hub, its arrival capacity was cut by more than half, it said. The weather conditions also meant it could use just two ...

Bloomberg Argentina’s flagship carrier expects domestic operations to reach pre-pandemic levels by July of next year, according to its top executive. Aerolineas Argentinas President Pablo Ceriani said flights to tourist destinations within the country, from Patagonia in the south to Iguazu Falls in the northeast, are picking up faster than expected as the country emerges from one of the longest ...

Bloomberg Amazon.com Inc warned Wall Street that it will have to spend billions of dollars hiring workers, paying them more and even speeding partly empty trucks to their destinations to ensure that supply-chain snarls don’t derail the holiday shopping season. The massive outlays could wipe out Amazon’s profit during the last three months of the year, executives said. The company ...

Bloomberg AllDay Marts Inc, a supermarket chain founded by the richest person in the Philippines, is poised to jump in its trading debut thanks to heavy retail investor interest. AllDay’s offer was about four times oversubscribed, with the company and billionaire Manuel Villar raising a combined 4.52 billion pesos ($89 million) by selling 7.52 billion shares at 60 centavos each. ...

Bloomberg Aldi warned that the impact of global supply-chain bottlenecks will soon hit the shelves of its US grocery stores. “When you shop our aisles in the coming weeks and months, you may notice certain items arriving later than intended or after our advertised on-sale dates,” the German discounter said. Aldi’s warning underscores the intermittent shortages and delays that are ...

Bloomberg Prime Minister Boris Johnson and his French counterpart Emmanuel Macron are heading for a full frontal collision in the next 48 hours that threatens to disrupt the United Nations’ climate summit. Macron’s government is on Tuesday set to introduce additional controls on goods moving across its border with the UK and block British fishing boats from unloading their catches ...

Bloomberg Brazil’s controversial president and climate skeptic, Jair Bolsonaro, cut a lonely figure at the Group of 20 summit. That is until Angela Merkel sidled up to him at dinner in Rome. The two had an unusually frank chat that morphed into a friendly and meaningful conversation between two leaders with different world views, according to two G-20 officials who ...

Bloomberg Japanese Prime Minister Fumio Kishida’s ruling party may be on track for its worst election result in 12 years, but is expected to stay in power with help from its junior coalition partner, according to exit polling by broadcaster NHK from Sunday’s election. The LDP alone is set to win 212-253 seats in the 465-seat body after the vote, ...

Bloomberg Georgia’s ruling party all but swept the board in second-round local elections that have been marred by violence and claims by the opposition that the vote was unfair. Only in one municipality did the ruling Georgian Dream party fail to beat the United National Movement, the Central Election Commission said on Sunday. In the battle for mayor of the ...