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Nordea says its $400bn wealth business is hiring

Bloomberg Nordea Bank AB may be cutting thousands of jobs to go digital, but in its wealth management business, it’s hiring. The bank, which is moving its headquarters to Finland from Sweden for regulatory reasons, has hired about 75 people over the past year to help run its $400 billion wealth unit, according to its head, Snorre Storset. “Wealth management ...

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Airbus considering A330neo cargo model targeting Amazon

Bloomberg Airbus SE is considering building a freighter version of its slow-selling A330neo wide-body, spurred by requests from potential customers Amazon.com Inc and United Parcel Service (UPS) Inc., according to people familiar with the matter. The interest from Amazon and UPS could rekindle a competition between Airbus and Boeing Co. as the global air-cargo market rebounds from a decade-long slump. ...

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Amazon mulls buying few Toys ‘R’ Us stores

Bloomberg Amazon.com Inc. has looked at the possibility of expanding its retail footprint by acquiring some locations from bankrupt Toys ‘R’ Us Inc., according to people with knowledge of the situation. The online giant isn’t interested in maintaining the Toys ‘R’ Us brand, but has considered using the soon-to-be-vacant spaces for its own purposes, said the people, who asked not ...

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