Airbus shares in Paris slumped 12% after it lowered its commercial aircraft delivery goal and cut financial targets for the year due to supply-chain hurdles and an impairment related to its space activities.
Related Posts
Universal Music Sheds $16 Billion in Market Cap After Revenues Disappoint
The record label behind Taylor Swift, Billie Eilish and Ariana Grande posted revenue growth from subscriptions and streaming services well below what analysts had expected.
Financial Services Roundup: Market Talk
Find insight on Man Group, Kasikornbank, Swedbank and more in the latest Market Talks covering Financial Services.
Temu Suppliers Protest in China, Saying Low-Cost Site Squeezes Them
Suppliers said that many merchants on the shopping platform have shut down factories and incurred debts after it started imposing hefty penalties over what was […]