Bloomberg Airbus SE abandoned its delivery target for this year after supply-chain disruptions ripping through the industry proved too severe to overcome for the world’s biggest planemaker. The European manufacturer moved away from a goal to hand over 700 planes, while saying that it won’t fall “materially short” of the guidance. As of the end of November, Airbus had …

  Bloomberg Italian fashion house Prada SpA named Andrea Guerra as its new chief executive officer, stepping into the role held by the husband-and-wife duo of Patrizio Bertelli and Miuccia Prada. Guerra, 57, is a former CEO of eyewear giant Luxottica and Italian food specialist Eataly and most recently was the head of LVMH Moet Hennessy Louis Vuitton SE’s hospitality …

  Bloomberg A must-pass defense bill in Congress excludes a measure to give Boeing Co a reprieve by allowing certification work to proceed on two new 737 Max models, dealing a temporary setback to the company. The provision, which would give Boeing more time to certify the Max 7 and Max 10 models without having to add costly upgrades to …