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Air India’s historic plane order deliveries to begin this year

BLOOMBERG Air India Ltd expects to induct six Airbus SE A350 jetliners starting from the end of this year following the carrier’s giant aircraft purchase that was the biggest in the history of civil aviation. “We’ve committed to a historic order of aircraft that will start entering from the end of this year through to the end of the decade, ...

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Finland’s economy sinks into recession on Q4 dip

BLOOMBERG Finland’s economy contracted more in the fourth quarter than a flash estimate had indicated, affirming that the Nordic nation has entered a recession. Gross domestic product (GDP) shrank 0.6% last quarter from the previous three-month period, when it contracted a revised 0.1%, Statistics Finland said. A flash estimate had indicated a 0.2% decline in output. GDP was stagnant compared ...

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Santander’s Botin seeks to lure investors with higher payout

BLOOMBERG  Banco Santander SA pledged to return a bigger share of earnings to investors as Chairman Ana Botin joins the race among European lenders to lure shareholders after years of subpar returns. Spain’s largest lender plans to pay out 50% of profit over the next three years, up from 40% previously, it said in a presentation. The Madrid-based bank also ...

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