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Airbus Profit Jumps as It Lifts Output of Rival to Boeing’s Max

Airbus SE earnings surged in the second quarter, helped by a ramp up in deliveries of a narrow-body model that rivals Boeing Co.’s grounded 737 Max. Adjusted profit before interest and tax increased 72% to 1.98 billion euros ($2.2 billion) as Airbus handed over close to 300 of the A320 planes, marking an acceleration of […]

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Hong Kong Markets Close Early as Tropical Storm Wipha Approaches

A tropical storm shut Hong Kong’s financial markets for the first time in almost two years, adding chaos to a city which has been wracked by protests for weeks. The Hong Kong Observatory raised the storm signal to 8 at 1:40 p.m. local time, the third highest on its number scale. That prompted the city’s […]