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  Bloomberg Airbus SE said three problem aircraft programs are set to remain a bugbear for the rest of the year after weighing on earnings in the first quarter. The planemaker is waiting on a fix for glitches afflicting engines on its new A320neo narrow-body jet, while production delays persist on the twin-aisle A350, Airbus said on Thursday. And talks ...

  Bloomberg United Continental Holdings Inc. will offer as much as $10,000 to passengers who voluntarily give up their seats on oversold flights, one of 10 changes the airline is adopting after a customer was dragged off a plane by security officers. The carrier will also reduce the overbooking of flights and refrain from calling in law enforcement officials unless ...

  Bloomberg China plans to get European regulatory approval for the C919, a move that would boost the appeal of the nation’s first domestically produced large jet to overseas buyers. The nation will seek to gain the European Aviation Safety Agency’s certification for the C919 as part of negotiations under a China-E.U. air-safety agreement, Li Jian, deputy administrator of the ...

  Bloomberg American Airlines Group Inc. reversed its opposition to mid-contract pay raises as Chief Executive Officer Doug Parker moved to soothe strained labor relations at the world’s largest carrier. Aviators will receive an increase of about 8 percent as soon as next month with flight attendants getting a 5 percent bump, the world’s largest carrier said in a message ...

  Bloomberg Deutsche Bank AG’s muted gains in a particularly strong period for Wall Street trading is raising doubts about how quickly Chief Executive Officer John Cryan can recover ground lost to competitors. Europe’s largest investment bank on Thursday reported an 11 percent increase in revenue from trading bonds and currencies in the first quarter. That’s less than half the ...

  Bloomberg The Bank of Japan (BOJ) kept its stimulus policies unchanged while lowering its inflation forecast, underscoring that any exit from its unprecedented monetary easing remains far away. The central bank will continue to use its two policy rates and asset purchases to spur prices higher, it said in a statement Thursday. The decision was expected by almost all ...

  Bloomberg DBS Group Holdings Ltd. cut senior executive pay by 13 percent last year to hold managers accountable for weaknesses in three areas including surging nonperforming loans, Chief Executive Officer Piyush Gupta said. Besides bad loans, the management of Singapore’s largest bank penalized executives for a weaker performance in Greater China and “control lapses” on the regulatory front, Gupta ...

  Bloomberg HDFC Bank Ltd. is planning India’s biggest offering of perpetual debt as it seeks to bolster capital after missing a world-beating streak of profit growth that lasted two decades. The proposed 50 billion rupees ($780 million) worth of notes, which don’t have a maturity date, are the lender’s first under Basel III norms, according to a person familiar ...

  ABU DHABI / WAM The revenues of Etisalat and du, the UAE’s first and second telecoms operators, including their associated services, amounted to AED 7.3 billion, accounting for 67.2 percent of both companies’ total revenues at the local market, standing at AED 10.76 billion during Q1 2017. Mobile phone services still account for the main bulk of the two ...

  DUBAI / WAM Dubal Holding (DH), the investment arm for the Government of Dubai in power, commodities, mining and industrial sectors, held its third annual general meeting at the Dubai Ruler’s Court. DH recorded a net profit of AED1.04 billion during 2016, an increase of around 10 per cent over 2015 net profit, and had AED 18.6 billion of ...