Business

Qantas to switch domestic fleet to Airbus in blow to Boeing

Australia’s Qantas Airways Ltd (QAN.AX) said on Thursday it has chosen Airbus SE (AIR.PA) as the preferred supplier to replace its domestic fleet, switching from Boeing Co (BA.N) in a major win for the European planemaker.

Telecom Italia issues third profit warning in a year

Telecom Italia (TIM) (TLIT.MI), facing a takeover approach from U.S. fund KKR (KKR.N), has cut the 2021 earnings forecast for its domestic business due to lower-than-expected fixed line revenue from its partnership with DAZN to screen Italian soccer.

Qantas to switch domestic fleet to Airbus in blow to Boeing

Australia’s Qantas Airways Ltd (QAN.AX) said on Thursday it has chosen Airbus SE (AIR.PA) as the preferred supplier to replace its domestic fleet, switching from Boeing Co (BA.N) in a major win for the European planemaker.

Telecom Italia issues third profit warning in a year

Telecom Italia (TIM) (TLIT.MI), facing a takeover approach from U.S. fund KKR (KKR.N), has cut the 2021 earnings forecast for its domestic business due to lower-than-expected fixed line revenue from its partnership with DAZN to screen Italian soccer.

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