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Levi Strauss tumbles as Q2 earnings slip 21%

Bloomberg Levi Strauss & Co fell in late trading as profit in its second quarter as a public company tumbled from a year earlier. The denim maker said on its conference call that adjusted diluted earnings slipped 21 percent from the prior year to 17 cents. When including $29 million of expenses associated with its IPO, second-quarter profit was 7 ...

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Airbus builds order lead with June haul as Max jet weighs on Boeing

Bloomberg Airbus SE booked a slew of jetliner deals from last month’s Paris Air Show, dragging the company out of one of the thinnest sales periods in its recent history. Toulouse, France-based Airbus signed contracts for 145 planes in June, taking the first-half total into positive territory at 88, as cancellations had previously outweighed new sales. The results outpaced arch-rival ...

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Air France slams French plan for new tax on plane tickets

Bloomberg Air France condemned the French government’s plan for a new tax on flights, saying the levy would hurt the airline’s ability to invest in less polluting planes and aggravate already high costs of operating in the country. “This new tax would significantly penalise Air France’s competitiveness,” the French arm of Air France-KLM said in a statement, estimating the extra ...

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