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Boeing creates new unit to focus on futuristic tech

Bloomberg Boeing Co is creating a new unit to focus on technology that’s seemingly straight out of science fiction, including super-fast computing that mimics the synapses of the human brain and hack-proof communications links based on applied quantum physics. So-called neuromorphic processing and quantum communications, two of the futuristic technologies Boeing wants to explore, may seem an odd fit for ...

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Airbus weighs another management shakeup

Bloomberg Airbus SE is preparing for another round of management shakeup, according to people familiar with the matter, after overhauling most of its senior executive lineup. The European planemaker is considering changes in key sales positions that report to new commercial chief Christian Scherer — including several occupied by veterans who worked under longtime sales chief John Leahy, said the ...

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Brexit woes hit share buybacks: Ryanair

Bloomberg Ryanair Holdings Plc is putting plans for future share buybacks on hold due to uncertainty surrounding the UK’s proposed exit from the European Union. Europe’s biggest discount carrier completed a 750 million-euro ($863 million) program this month, but doubts over how a so-called Brexit will play out have forced to hold back on further announcements. “It makes very little ...

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