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Zara owner Inditex posts higher profits
Zara owner Inditex posts higher profits
by  AFP

Zara owner Inditex, the world's largest fashion retailer, posted Wednesday higher profits for the first nine months of its fiscal year despite stiffer competition from low-cost clothing outlets like Shein and Primark.

Airbus cuts delivery target over fuselage quality issue
Airbus cuts delivery target over fuselage quality issue
by  AFP

Aircraft maker Airbus said Wednesday it had lowered its 2025 target for deliveries because of fuselage panel quality issues at its flagship model, the A320. It did not say whether 2026 deliveries would also be affected by the problem which it said stemmed from "a recent supplier quality issue on fuselage panels impacting its A320 Family delivery flow".

EU agrees deal to ban Russian gas by autumn 2027
EU agrees deal to ban Russian gas by autumn 2027
by  AFP

European Union lawmakers and member states reached a deal Wednesday to ban all imports of Russian gas by autumn 2027, as the bloc seeks to choke off key funds feeding Moscow's war chest. The timeline must still get final approval from the European Parliament and member states.

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