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Airbus faces mammoth delivery challenge to reach full-year target

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Bloomberg Airbus SE faces a huge challenge in reaching its target for full-year aircraft deliveries, a key metric for the European company, after November handovers fell well short of the level needed to attain the goal. The world’s biggest planemaker shipped about 55 aircraft last month, based on data from aviation analytics firm Cirium, leaving it about 150 short of ...

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Kroger raises its profit outlook as regulators weigh Albertsons deal

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  Bloomberg Kroger Co lifted its annual profit outlook for the year, but it wasn’t enough to thrill investors as Wall Street fretted about inflation’s toll on shoppers amid the grocer’s push to buy Albertsons Cos. A moderate comparable-sales forecast for the current quarter suggests a slowdown after Kroger handily beat analyst estimates in the previous three-month period. That’s fuelling ...

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Black Friday compounds UK retailers’ inventory problem

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Bloomberg A lackluster Black Friday in the UK added to an already muted Christmas season, leaving retailers with a problem: too much stock. Marks & Spencer Group Plc, Next Plc and Hotel Chocolat Group Plc are all trying to tackle high inventories that are forcing some British retailers to take on costly warehouse expenses and contemplate even steeper discounts. According ...

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