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Airbus faces US front in widening probe over deal payments

Bloomberg Airbus SE alerted US authorities to potential regulatory breaches, opening a new flank in the group’s efforts to resolve a series of probes into the use of payments and middlemen to win new business. Toulouse, France-based Airbus took the step after an internal review revealed “inaccuracies” in applications for defense-export licenses, it said. The development adds to existing investigations ...

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Indian airline IndiGo profit beats analyst estimates

Bloomberg Airbus SE and enginemaker Pratt & Whitney’s compensation to IndiGo for glitches that grounded jets helped India’s biggest airline post quarterly profit that exceeded analyst’s estimates. The problems plaguing the carrier’s operation since July were fixed earlier this month after Pratt & Whitney managed to replace the engines that power the Airbus’s A320neo jets. The world’s biggest buyer of ...

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Amazon’s ambitious October spooks stocks standing in its path

Bloomberg The looming threat of Amazon.com Inc. siphoned billions in market cap from Under Armour Inc. to FedEx Corp. to Walgreens Boots Alliance Inc.— more than $30 billion combined—in October. Companies are gearing up to face Bezos’s behemoth heading into the holiday season, with some appearing ready to get creative as the state of their industries is shaken. CVS Health ...

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