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Greenpeace sues EU over ‘fake’ green label

BLOOMBERG Greenpeace said it’s suing the European Union’s (EU) executive over its decision to grant some gas and nuclear power stations a “fake” green label under EU sustainable finance rules. Four other environmental groups — Transport & Environment, WWF, ClientEarth and BUND — are also objecting to the inclusion of gas in the EU’s so-called taxonomy. “Polluters are already using ...

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EasyJet raises earnings target again as bookings remain strong

BLOOMBERG EasyJet Plc raised its earnings target for a second time this year amid strong bookings into the crucial summer period and robust demand during the Easter vacation. The discount specialist now expects to beat revised market expectations that foresee a pretax profit of £260 million this year, according to a statement. That’s up from a previous goal of beating ...

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Boeing plans to boost output of 737 planes despite latest glitch

BLOOMBERG Boeing Co is moving ahead with plans to hike output of its cash-cow 737 jetliner while dealing with the ripple effects from a new production flaw uncovered by one of its largest suppliers. The US planemaker isn’t altering the schedule for its 737 suppliers, including rate increases, Chief Executive Officer Dave Calhoun said at a virtual gathering of shareholders. ...

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