Bloomberg The US and the European Union (EU) clinched a tariff-busting trade accord over the weekend that they’ll try to leverage into a broader global arrangement that would penalise countries that don’t meet low-carbon targets for steel and aluminum exports. President Joe Biden and European Commission President Ursula von der Leyen hailed the agreement on Sunday in Rome on the …

Bloomberg Airbus SE boosted its financial targets for the second time this year while confirming a production ramp-up that would cement the European planemaker’s advantage over Boeing Co. The shares rose as much as 3.2% after Airbus said adjusted operating profit will reach $5.2 billion in 2021. The company reversed some of the charges it took for Covid-19 disruptions as …

Bloomberg American Airlines Group Inc cancelled 460 flights after weather conditions affected its staffing needs. The cancellations made up 9% of its mainline and regional flights, it said. With two days of severe weather at its Dallas-Fort Worth hub, its arrival capacity was cut by more than half, it said. The weather conditions also meant it could use just two …