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Airbus SE targets nearly 800 deliveries as Boeing struggles with Max

The European planemaker made the prediction on Thursday as it reported earnings for the full year and provided financial targets

Netflix's monetisation model may just save India's online learning apps

The Physics Wallah app has 2 million users logging in daily and spending 80 minutes

Morgan Stanley planning to eliminate several hundred jobs in wealth unit

The bank's shares have been the worst-performing among its biggest US peers this year, down about 10%

Alibaba looks for partners in West Asia as Beijing deepens Gulf ties

Alibaba is trying to stage a comeback after years of government punishment and strategic missteps that cost the e-commerce operator its place as leader of the country's tech industry

A 'clerical error' in Lyft outlook triggers 67% jump before reality dawns

The firm mistakenly said that the margins will rise by 500 basis points. (bps). The actual figure was 50 bps

Crime wave a $4.2 bn headache for UK retailers amid 50% rise in violence

Violence and abuse against UK shop workers rose by 50% to 1,300 incidents a day while instances of theft grew to more than 45,000 daily

Uber unveils $7 bn stock buyback plan first for company, shares up 4.6%

The stock jumped about 4.6% in premarket trading in New York. It has more than doubled over the past 12 months

Goldman, JP Morgan launch $5 billion loan for KKR's Cotiviti stake deal

The sale is broken up into a $4.4 billion floating rate term loan led by JPMorgan Chase & Co. and a $600 million fixed rate term loan led by Goldman Sachs Group Inc

Ex-Credit Suisse dealmakers are shaking up $1.3 trillion junk-bond market

Credit Suisse used to be a big arranger of CLOs - vehicles that buy up junk-rated company loans, bundle them together and sell them as bonds

Continental to cut 7,150 jobs in savings push at struggling auto unit

Some 17 sites in the Rhine-Main area will be reviewed in addition to some other locations, a company spokesperson said Wednesday

Sony plans IPO for financial arm in Oct 2025 after PS5 sales falter

The company revealed plans for the partial sale after reporting earnings and revising its forecasts for the fiscal year through March

India steel mills most at risk from EU carbon plan, says Goldman Sachs

Policymakers worldwide are seeking to reduce carbon emissions in their fight against climate change, with steel traditionally among the most polluting industries

PM Modi pushes ahead with Mideast-Europe corridor despite widening conflict

Both leaders agreed, though, to take the first step to operationalise part of the ambitious India-Middle East-Europe Economic Corridor, or IMEC, he said

Billionaire Birla's Hindalco Industries bids for critical minerals leases

India currently needs to import most critical minerals, and access to local mines is important for the growth of the electric vehicles market and the renewable-power sector.

Japan's Softbank's vision fund swaps splashy bets for 'timid' investing

Vision Fund II, which was launched in 2019, relies entirely on SoftBank money, a pool of capital that's expanded tremendously in the past week thanks to the company's majority ownership of Arm Holding

StanChart weighs break up of corporate, investment bank to improve returns

The London-listed bank has been weighed down in recent years, in part as it was forced to set aside more in reserves for souring loans tied to Chinese commercial real estate.

Apple's longest-serving designer to depart company, adding to exodus

Bart Andre, who joined Apple in 1992 alongside Ive, told colleagues this month that he is retiring, according to people familiar with the matter

Firefox maker Mozilla to cut 60 jobs as part of shake-up under new CEO

Mozilla last cut a significant number of jobs four years ago at the height of the Covid-19 pandemic

Jeff Bezos sells $4 bn of Amazon shares, cashes in on Amazon rally

Amazon shares were up 13% this year through Monday's close, the last day on which Bezos sold shares, according to a filing. They slipped 2.2% to $168.64 on Tuesday

US Revenue Service body seeks more than $1 bn from collapsed SVB for taxes

The complaint comes on the heels of a similar one from New York City, which is trying to collect more than $2.1 million in back taxes it claims Silicon Valley Bank owes