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Boeing Max orders fall as Air Lease swaps 737 for 787 jets

Bloomberg Sales for Boeing Co’s grounded 737 Max slipped in October after a prominent customer converted some of its orders for the narrow-body jet to twin-aisle 787 Dreamliners. Boeing’s unfilled 737 order backlog, adjusted for accounting considerations, shrank by 19 aircraft during the month to 4,387 jets, the Chicago-based planemaker revealed on its website. The planemaker garnered negative 93 orders ...

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Ferragamo: HK protests slashed local retail sales

Bloomberg Salvatore Ferragamo SpA’s sales in Hong Kong fell 45% during the third quarter as months of anti-Beijing protests held back spending by tourists and locals alike. The decline at the Italian maker of leather pumps and silk scarves exceeded the impact estimated by some rival luxury companies. LVMH, the owner of Louis Vuitton and Givenchy, previously said sales in ...

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Magazine Luiza share offering to raise $1.13b

Bloomberg Magazine Luiza SA, the Brazilian retailer that is fast becoming one of the country’s leading e-commerce providers, sold shares at 43 reais each, according to people with direct knowledge of the matter. The company’s offering raised a total of 4.7 billion reais ($1.13 billion), including a primary sale of 100 million shares, according to one of the people, who ...

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