Bloomberg CFM International Inc., which competes with Pratt & Whitney to power Airbus’s new A320neo aircraft, said it’s confident that deliveries of its Leap 1A engines will stick to the planned schedule even after the European planemaker said its deliveries of the single aisle model this year will be backloaded in the second half. The engine maker, a joint ...

  Bloomberg Trade appears set to make a rare contribution to U.K. economic growth in the second quarter despite a sharp decline in exports in May. Figures published by the Office for National Statistics showed the deficit in goods and services widened to 2.3 billion pounds (US$3 billion) from 2 billion pounds in April. Exports fell 4.4 percent, with shipments ...

  Bloomberg Gap Inc, the biggest US apparel-focused retailer, posted June sales that topped analysts’ estimates, a sign the company’s long-promised turnaround could be taking hold. Total same-store sales, a key benchmark, rose 2 percent in June, the San Francisco-based retailer said in a statement. Analysts had predicted a 3.6 percent decline, according to estimates compiled by Retail Metrics. The ...