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Airbus tumbles on US’ bribery probe report

Bloomberg Airbus SE shares tumbled following a report that the US Department of Justice has officially started an investigation into the European planemaker in parallel with British and French bribery probes. The stock fell 4.4 percent, the biggest drop in 2 1/2 years. Le Monde reported that Airbus was informed at the end of the summer about the move by ...

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US spends $126bn online this holiday

Bloomberg When it comes to online orders this Christmas, US consumers are spending more than ever before. Shoppers shelled out a record $110.6 billion online between November 1 and December 19, about $17 billion more than in the same period last year, data from Adobe Analytics show. Half of website traffic this year came from shoppers on the go using ...

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Mall landlords embrace popups to revive dead zones

Bloomberg It wasn’t that long ago that retailers looking for space at shopping centres would get paperwork only for a multiyear lease. These days mall land-lord Macerich Co. is offering 180 days. Last month, Macerich launched BrandBox, a leasing programme that allows online sellers to dip their toes into the bricks-and-mortar universe with a temporary pop-up store. The first one, ...

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