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TUI loses its finance chief

Bloomberg TUI AG’s finance chief will leave at year-end in a setback for the struggling tour operator as it works on plans to raise more cash. Chief Financial Officer Birgit Conix told the company she won’t extend her contract, TUI said. Sebastian Ebel, who is already a member of the executive board, will take over on January 1, according to ...

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Boeing cuts jetliner-sales forecast 11%

Bloomberg Boeing sees a turbulent ride ahead for the world’s jetliner market, with sales contracting sharply this decade before eventually rebounding in the 2030s as new models and technologies spur growth. Boeing released the report days after deciding to consolidate production of its marquee 787 Dreamliner in South Carolina, shutting down a final assembly line at a storied plant in ...

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Kim shows nuclear might without provoking Trump

Bloomberg Kim Jong-un paraded ballistic missiles and thousands of troops through Pyongyang in the largest such event in at least two years, with the North Korean leader vowing only to unleash his nuclear arsenal to prevent an attack. North Korean state television on Saturday showed battalions marching under the bright lights of Pyongyang’s main square in a rare night parade ...

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