delivery
BusinessAirbus Deliveries Topped 80 Jets in November, Sources Say
BusinessDelivery Hero Sees 100 Million Euro Hit From Making Spanish Riders Employees
BusinessDelivery Hero Says Glovo Riders in Spain to Become Employees
BusinessUK’s Ocado Says Partner Morrisons to End Deliveries From Erith Site
Cfm Juggles Engine Supply in Boost to Airbus, Sources Say
Date: November 28, 2024
By Tim Hepher MUNICH (Reuters) – Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap as the planemaker battles to hit end-of-year targets, three people familiar with the matter said. This month’s agreement follows a tug of war for scarce engines or parts between planemakers and repair...
Aston Martin Expects Lower Full-Year Core Profit as Delivery Delays Bite
Date: November 27, 2024
(Reuters) -British luxury carmaker Aston Martin on Tuesday forecast its annual core profit to fall short of 2023 levels as delivery delays in the ultra-exclusive Valiant models weigh on its margins. The company expects its 2024 adjusted EBITDA to be in the range of 270 million pounds to 280 million pounds ($338.55 million – $351.09...
Royal Mail Owner Ids Returns to Profit but Warns on Cost Environment
Date: November 21, 2024
(Reuters) -International Distribution Services reported a first-half adjusted operating profit on Thursday, as sustained parcel demand helped the British firm narrow losses at its Royal Mail business despite a weaker-than-expected market. Royal Mail’s reported losses include an impairment charge, chiefly due to expected additional tax burden reflected in an about 120 million pound annual increase...
Just Eat Takeaway Sells US Unit Grubhub for $650 Million, Shares Jump 20%
Date: November 13, 2024
By Michal Aleksandrowicz and Gianluca Lo Nostro (Reuters) -Europe’s biggest meal delivery firm Just Eat Takeaway said on Wednesday it had struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million, sending its shares soaring 20% in early trading. The Amsterdam-listed company had been looking to offload Chicago-based Grubhub since as...
Airbus Says China Certification for A330neo Jet Progressing Smoothly
Date: November 12, 2024
By Sophie Yu and David Kirton ZHUHAI, China (Reuters) – The head of Airbus China said on Tuesday that Chinese certification of its A330neo jet was going smoothly and the first delivery of the widebody model in the country could come in 2025. Airbus China CEO George Xu also told reporters at China’s biggest air...
Glovo Owner Delivery Hero Expects Growth at Upper End of Forecast, Posts Solid Q3
Date: November 7, 2024
By Paolo Laudani and Bernadette Hogg (Reuters) -Delivery Hero said on Thursday it expects annual gross merchandise value (GMV) growth at the upper end of its forecast range, after the German online takeaway food company reported solid growth for the third quarter. Shares in the company, which owns the Glovo and foodpanda delivery apps, opened...