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Airbus trade feud spurs new Trump risk for Boeing, airlines

Bloomberg US tariffs on European airplanes and luxury goods are emerging as a new threat not just for Airbus SE but for US airlines. The risk is rising for Boeing Co as well if the European Union seeks to retaliate. The World Trade Organization (WTO) will authorise the US to impose tariffs on nearly $8 billion of European goods due ...

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Boeing reaches first settlements with Lion Air crash victims

Bloomberg Boeing Co has reached the first settlements of lawsuits filed by families of Lion Air passengers who died when the 737 Max aircraft crashed in Indonesia late last year. Eleven of 17 clients represented by the Wisner Law Firm in Chicago have settled claims, partner Alexandra M. Wisner said in an interview. She declined to say how much Boeing ...

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Ikea’s annual sales exceed $44bn mark for first time

Bloomberg Ikea’s annual retail sales exceeded $44 billion for the first time as the Swedish home-furnishings giant opened new stores and rolled out e-commerce in more markets. Sales of products and services to Ikea customers rose 6.5 percent in the year through August to 41.3 billion euros, according to a statement. It was the fastest growth since 2016. “We passed ...

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