US Business

The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.

The Ministry of Industry and Trade asked Temu to cease sales in the country until a licensing process is completed, state media reported Thursday.

People who advise companies on security issues say threats against executives are rising.

The e-commerce company named Charles Baker as its next CFO, effective Jan. 1. He succeeds Rachel Glaser, whose retirement was announced in late July.

The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.

Safran anticipates further sales and profit growth next year and said it intends to return about 70% of its cash generation to shareholders from 2025 to 2028.

Southwest Airlines is the latest airline lifting its revenue guidance for the final quarter of the year as travel demand holds steady.

The space agency pushed the next launch under the exploration program into April 2026 while President-elect Donald Trump’s space team starts to form.

The rural-lifestyle retailer said it is aiming to increase net sales by between 6% and 8%, same-store sales by between 3% and 5% and per-share earnings by between 8% and 11%.

The latest announcement from the IG Metall union comes days after tens of thousands of workers at Volkswagen sites across Germany participated in walkouts.