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Airbus suffers Dubai blow as Boeing wins surprise 787 deal

Bloomberg The press release was printed, the media invited, the first dignitaries began filing into the room. Such was the scene on the first day of the Dubai Airshow, when Airbus SE had planned to unveil a keenly awaited lifeline for its A380 super jumbos from the aircraft’s biggest fan: Emirates. Instead: nothing. In fact, worse than nothing. An initial ...

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China’s JD.com posts surprise profit as new products draw buyers

Bloomberg JD.com Inc., the operator of China’s second-biggest online mall, reported a surprise quarterly profit as investments in logistics and new arenas such as fashion attracted shoppers. Net income was $152 million in the three months ended in September, the Beijing-based company said on Monday. That compares with the 114.1 million yuan loss expected by analysts. Sales for the quarter ...

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UK consumer in torrid state as high street spending sags

Bloomberg UK shoppers are in a sorry state. Visa’s UK consumer spending index fell 2 percent last month, a decline that was the quickest since September 2013 and “driven by a sustained reduction in high street expenditure.” A separate report from the British Retail Consortium showed shoppers’ footfall decreased 2 percent on an annual basis in the month, the biggest ...

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