Tag Archives: target

The European planemaker delivered 766 jets last year, marginally missing its goal due to supply chain disruptions. ADVERTISEMENT Airbus looks certain to retain its lead ahead of competitors in the aerospace industry as it confirmed it had delivered 766 jets last year. “On deliveries, we kept our trajectory and celebrated several landmark firsts,” said Christian Scherer, CEO of Commercial Aircraft …

Manchester City have identified Ola Aina as a potential replacement for Kyle Walker, according to a new report by The Sun. Aina has been one of the standout performers for Nottingham Forest in the Premier League this season and Walker, 34, is nearing the twilight of his career with City already looking for a long-term successor. The 27-year-old Aina has scored …

The biggest increase since March and the second rise in two months is likely to cement market expectations that the Bank of England will keep its main interest rate unchanged after its policy meeting on Thursday. ADVERTISEMENT UK inflation has risen to its highest level since March, driven by an increase in fuel prices last month, official figures have revealed. …

Eurostat data released on Tuesday showed eurozone inflation rose to the European Central Bank’s 2% target in October. ADVERTISEMENT The euro area annual inflation rate was 2% in October 2024, up from 1.7% in September. A year earlier, the rate was 2.9%, according to data published by Eurostat, the statistical office of the European Union. Meanwhile, European Union annual inflation …

The German luxury brand, Hugo Boss, has warned of potential delays in reaching its ambitious 2025 sales target due to tepid consumer demand, especially in China. ADVERTISEMENT The company’s third-quarter earnings report showed slight gains above market expectations but also highlighted ongoing challenges within the Chinese market. The company’s share price dropped more than 4% to €41.2 in Frankfurt, erasing …

Sporting boss Ruben Amorim says he has not yet made a decision about his future after Manchester United expressed an interest in appointing him manager. Sporting confirmed earlier on Tuesday that United had made an approach and are willing to pay Amorim’s 10m euros (£8.3m) release clause. Speaking after his side’s 3-1 Portuguese League Cup quarter-final win against Nacional on …

The 25 basis point cut, expected by analysts, arrives against a backdrop of settling inflation and anaemic growth. ADVERTISEMENT The European Central Bank (ECB) reduced its interest rates on Thursday afternoon during its October meeting, marking the third consecutive cut since June. New interest rates have been set at 3.40% for main refinancing operations, 3.65% for the marginal lending facility, …

Former Norway boss Per-Mathias Hogmo has been identified by Heart of Midlothian as the preferred candidate to be their new head coach. The 64-year-old Norwegian, who led Rosenborg and Sweden’s Hacken to league titles, is out of work after leaving J-League club Uruwa Red Diamonds in August. Hogmo is not in Scotland but could arrive over the weekend if a …

The drop below the target of 2% was mainly due to falling energy prices. However, the European economy may still not be out of the woods. ADVERTISEMENT The year-on-year eurozone inflation rate for September was released on Tuesday, coming in at 1.8%, according to Eurostat. This was a step down from August’s 2.2%, while also being lower than analyst expectations …

Bettina Orlopp is to replace Manfred Knof ‘in the near future’. The news comes days after Italian bank UniCredit revealed it had increased its stake in Commerzbank from around 9% to 21%, subject to regulatory approval. ADVERTISEMENT Amid ongoing controversy over a possible takeover of German lender Commerzbank, the bank has announced chief financial officer Bettina Orlopp as its new …