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GKN braces for A380 hit

  Bloomberg GKN Plc said it’s preparing to take an earnings hit as Airbus Group SE halves the build rate for the A380 superjumbo, and it may cut 230 jobs at a United Kingdom helicopter-parts plant as the aerospace industry wrestles with ebbing demand for older models and production glitches afflicting new aircraft. Airbus’s decision to slash A380 output to ...

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Kering jumps as Gucci’s strong sales bode well for Christmas

  Bloomberg Kering SA shares rose to the highest in more than 15 years after strong demand for new Gucci handbags and sandals contributed to the fastest quarterly sales growth since 2012, boding well for luxury-goods makers as Christmas approaches. The stock jumped as much as 8.3 percent to 204.10 euros in Paris, the highest since June 6, 2001, when ...

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Air safety’s future is in hospital scans, factory conveyor belts

  Bloomberg The plastic explosive was molded into a thin sheet and hidden inside a laptop, the kind of hard-to-detect bomb that keeps airport security chiefs awake at night. Terrorist devices such as this are the reason fliers have to remove laptops from carry-on bags at security checkpoints before boarding airplanes. But at a lab in an industrial park outside ...

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