Finance

BA places $8.2bn order with Airbus and Boeing

26
Sep
Joe Utvic | 0 comments | 173 recommendations
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British Airways on Thursday placed its biggest order for aircraft since 1998 with a landmark move to buy both the Airbus A380 superjumbo and the Boeing 787 Dreamliner, the two most modern big jets on the market.

ECB emergency fund tapped for €3.9bn

26
Sep
Joe Utvic | 1 comments | 34 recommendations
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The European Central Bank’s emergency lending fund, which attracts a penal interest rate, was tapped on Wednesday for €3.9bn – the largest sum since October 2004, the Frankfurt-institution has revealed.