Business

Airbus nails $30B in new plane orders at Dubai Airshow

Airbus nailed down $30 billion in new plane orders on the second day of the Dubai Airshow after previous rounds of the biennial showcase saw its competitor Boeing take the lion's share of deals.

Business

Amazon bets big on India with mega-office

With 49 elevators moving a floor per second and zumba classes for its more than 15,000 employees, Amazon's new Indian headquarters, its biggest building globally, matches its ambitions in a vast but challenging market.

Business

Lufthansa reports loss, cuts outlook after strikes

German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.

Automotive

Ferrari shifts up targets after 'record quarter'

Italian luxury carmaker Ferrari raised its financial targets for the year Thursday to eye sales of 5.9 billion euros ($6.3 billion) after another "record quarter".

Business

Profits up at Indian IT giant TCS on overseas growth

Profits for Indian software giant TCS were up 8.7 percent on-year in the September quarter thanks to robust growth in emerging markets and client loyalty, the company announced Wednesday.

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