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Apple, commodity strains push global stocks down

London / AFP World stock markets mostly retreated on Wednesday, weighed down by miners’ shares and oil prices, while Apple dragged Wall Street lower, traders said. After declines for the bulk of Asia’s stock markets, Europe’s top indices were showing losses of up to 1.2 percent compared with Tuesday’s closing levels. The heaviest faller on London’s benchmark FTSE 100 index ...

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Airbus in year-end production sprint to meet earnings target

  Bloomberg Airbus Group SE promised a year-end sprint to meet its 2016 earnings and delivery goals after a switch to new planes weighed on profit and output in the first nine months. The European company plans to pull out the stops to ship almost as many A350 wide-body jets in the final quarter as it did between January and ...

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UK fines Vodafone $5.6mn for customer billing failures

  Bloomberg British regulators fined Vodafone Group Plc 4.63 million pounds ($5.63 million) for failing to credit customers who bought mobile-phone minutes and data, and then mishandling complaints that came in afterward. Over 17 months, more than 10,000 customers lost 150,000 pounds, one investigation found, the regulator Ofcom said in a statement. The mistakes resulted from a new billing system, ...

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