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European stocks mostly firm amid Thanksgiving holiday

  London / AFP European stock markets mostly rose on Thursday but London faltered in a subdued trade with Wall Street closed for Thanksgiving. “The usual Thanksgiving calm has descended across markets, as European investors reconcile themselves to a day of low volumes and quiet trading,” said Chris Beauchamp, chief market analyst at online trading firm IG. In foreign exchange, ...

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Largest Airbus debut signals triumph of two-engined jets

  Bloomberg The biggest version of Airbus Group SE’s A350 wide-body jet made its first flight on Thursday, swelling the twin-engine model’s capacity and casting further doubt on the future of four-turbine planes including the Boeing Co. 747 and the European manufacturer’s own A380. The A350-1000, which departed Airbus’s base in Toulouse, France, at 10:42 a.m. local time, seats 366 ...

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Lufthansa cancels 912 flights

  Berlin / AFP Pilots at German flagship carrier Lufthansa stayed away from work for a second straight day on Thursday, forcing the airline to scrap 912 flights and grounding 115,000 more passengers. The airline had already scrapped nearly 900 flights that affected 100,000 passengers on Wednesday after pilots staged a walkout in a row over pay and working conditions. ...

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