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Airbus pulls anniversary book over fraud-probe concerns

Bloomberg Airbus SE officially cancelled a book commissioned for its 50th anniversary, citing a shift in its ‘‘communication content goals.” “Airbus acknowledges the quality of the finished manuscript,” the company said in a statement, which was titled ‘‘Airbus: The First 50 Years” and written by ex-New York Times journalist Nicola Clark. Bloomberg News reported in July that the book was ...

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Ryanair COO to move to rival EasyJet

Bloomberg Ryanair Holdings Plc lost a bid to stop a top executive joining rival EasyJet Plc next month after a bitter legal battle. An Irish judge ruled Chief Operating Officer Peter Bellew can join EasyJet in the same role on January 1 as planned. Ryanair had argued that Bellew must abide by a 12 month non-compete clause before moving to ...

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Nike’s race higher hits stumbling block after earnings

Bloomberg After hitting a record high, Nike Inc. is finding it harder to keep investors happy. Even though the company posted quarterly results that sailed past Wall Street estimates, the shares dipped, suggesting some investors were looking for an even bigger upside surprise. Fiscal second-quarter profit rose to 70 cents a share, Nike said, beating 58-cent average of analysts’ estimates. ...

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