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Amazon dealt $250bn blow from market jitters, confusion

Bloomberg Fears of a prolonged market downturn, slowing international sales, stepped-up competition in the US and flat-out confusion about how Amazon.com Inc. makes money are all reasons behind the company’s dizzying 25 percent drop in value from its September high. The world’s largest online retailer had been an investor darling, with shares more than doubling over the past two years ...

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HNA tries to offload Airbus planes to leasing companies

Bloomberg HNA Group Co. has been trying for months to offload passenger planes it ordered from Airbus SE, according to people familiar with the matter, as the indebted airline-turned-glo-bal acquirer wrestles with liquidity challenges. The Chinese group asked the leasing arms of Industrial & Commercial Bank of China Ltd. and China Minsheng Banking Corp., amo-ng others, to take over at ...

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Lufthansa trims expansion plans as profit miss hits stock

Bloomberg Deutsche Lufthansa AG is paying the price of chasing market share in its own backyard as the cost of integrating jets from collapsed rival Air Berlin Plc weighs on earnings. Lufthansa shares fell 9.5 percent, the biggest intraday drop in more than 2 years, after the German carrier’s latest results missed analyst estimates, forcing it to trim expansion plans ...

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