Rolls-Royce warned that it would not return to growth next year, as economic conditions have deteriorated.» Read More
*Airbus, ThyssenKrupp help industrial shares. Airbus Group surged 6.3 percent in a relief rally after it reported better-than-expected profits and said its latest jetliner was "progressing towards certification" in time for first delivery by the end of the year.
MOSCOW/ LONDON, May 13- Around a dozen chief executives and chairmen of major U.S. and European corporations have pulled out of an economic conference in St Petersburg as pressure between Russia and the West grows over the crisis in Ukraine.
PARIS, May 13- European stocks rose on Tuesday, with a number of benchmarks hitting multi-year highs, boosted by upbeat company results and a report saying Germany's central bank is ready to back new stimulus measures from the European Central Bank.
PARIS, May 13- Airbus Group posted better than expected first-quarter earnings on Tuesday, sparking a relief rally in its shares as it dodged the impact of higher costs for its new A350 jet, which remains on track for a late-2014 debut.
*Broad share market rally eclipses Ukraine tensions. The run of positive corporate news continued in Europe, with Germany's ThyssenKrupp raising its full-year earnings outlook on Tuesday, while aerospace group Airbus Group posted a narrower-than-expected drop in core earnings and reaffirmed its financial goals for the year.
*Airbus surges after better-than-expected results. Airbus Group surged 5 percent in a relief rally after it reported better-than-expected profits and said its latest jetliner, the A350, was "progressing towards certification" in time for first delivery by the end of the year. "Airbus Group results are a decent beat...
LONDON, May 13- European shares rose on Tuesday, with a key regional index making fresh six-year highs, as a rally in U.S. shares and upbeat updates from blue-chips such as steelmaker ThyssenKrupp supported risk appetite. Britain's FTSE was up 0.2 percent after briefly hitting its highest point in roughly a year.
PARIS, May 13- Airbus Group is entering a critical phase in the development of its new A350 passenger jet but flight tests are going well, Finance Director Harald Wilhelm said on Tuesday.
PARIS, May 13- Airbus Group posted a narrower-than-expected drop in core earnings on Tuesday, after dodging the impact of lower aircraft deliveries and higher research and development spending, and reaffirmed its financial goals for the year.
Airbus Group posted a narrower-than-expected 5 percent drop in core earnings on Tuesday, despite lower aircraft deliveries and higher research and development spending.
PARIS, May 11- The United Nations is leading a high-level effort this week to improve the way aircraft are tracked to address public concerns over the disappearance of a Malaysia Airlines passenger jet.
BERLIN, May 9- France's economic woes are the result of poor policy choices at home and Paris should stop blaming its problems on the strength of the euro, Jean-Claude Juncker, the centre-right candidate for European Commission president, told Reuters.
*Boeing delivered 12 more planes in April than a year ago. *Boeing says "progressing well" in solving S. Carolina problems. Investors watch jet deliveries because Boeing and Airbus receive the bulk of the cash for jet sales when customers fly them home.
PARIS, May 7- Airbus is on track to get safety certification for its latest jetliner, the A350, by "the end of the summer" as planned, Europe's top air safety regulator said on Wednesday.
PARIS, May 7- Economy Minister Arnaud Montebourg stepped up France's push for a weaker euro on Wednesday, saying political leaders had the right to assess the right level for the currency in a position completely at odds with Germany's.
PARIS, May 7- Airbus took 78 orders in April but remained behind Boeing in the battle for new business after a relatively quiet month dominated by the reshuffling of existing orders, data released by the European planemaker showed on Wednesday.
MAIN PRIVATISATION DEALS AGREED SO FAR 2011- Sale of 10 percent stake in telecoms firm OTE to Germany's Deutsche Telekom- 10- year extension of gaming concession of gambling monopoly OPAP until 2030- Granting of license to OPAP to install 35,000 video gambling slots- Sale of frequency spectrum to Greek mobile telephony companies- Sale of 2 Airbus jets previously owned by former state carrier Olympic Airways.
*Airbus says managing A330 orders more challenging post-2016. In its annual report, parent Airbus Group, also said supplies of cabin equipment would need to be carefully managed as the industry meets strong demand for Airbus and rival Boeing jets, but said the overall supply base was "more stable".
May 2- Aircraft components maker Spirit AeroSystems Holdings Inc reported quarterly results way above analysts' estimates as its customers, Boeing Co and Airbus Group NV, boosted production to meet surging demand for large planes. Shares of Spirit Aero, spun off from Boeing in 2005, rose as much as 6 percent on Friday morning.
*Earnings $1.07/ share vs $0.57 a year earlier. Boeing Co and Airbus Group NV expect aircraft demand to reach over $4 trillion over the next 20 years and have raised their production rate. The company's net income rose to $153.6 million, or $1.07 per share, in the first quarter ended April 3, from $81.2 million, or 57 cents per share, a year earlier.