Anthony Palazzo
Senior Editor, Global Business at Bloomberg News
Senior Editor, Global Business, at Bloomberg News. Opinions are my own.
Articles
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1 week ago |
bloomberg.com | Anthony Palazzo
A BYD plug-in hybrid engine demonstration model on display at the 2024 Geneva International Motor Show. (Bloomberg) -- Chinese electric vehicles are losing momentum in Europe, but the nation’s automakers are selling more cars than ever in the region by throttling up deliveries of hybrids and combustion engine-powered models.
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2 weeks ago |
bloomberg.com | Anthony Palazzo |Nick Bartlett
Rolls-Royce provides engines for all widebody Airbus jets. (Bloomberg) -- Rolls-Royce Holdings Plc expressed confidence the aircraft engine supplier can meet its financial goals for the year despite the uncertainty caused by the introduction of new tariffs. The UK company expects to offset US President Donald Trump’s announced tariffs through “mitigating actions,” Chief Executive Officer Tufan Erginbilgic said in a statement Thursday ahead of the company’s annual meeting.
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2 weeks ago |
news.bloomberglaw.com | Anthony Palazzo
Rolls-Royce Holdings Plc expressed confidence the aircraft engine supplier can meet its financial goals for the year despite the uncertainty caused by the introduction of new tariffs. “We expect to offset the impact of announced tariffs on our business through the mitigating actions we are taking,” Chief Executive Officer Tufan Erginbilgic said in a statement Thursday ahead of the company’s annual meeting.
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3 weeks ago |
spokesman.com | Anthony Palazzo |Julie Johnsson
Northrop Grumman Corp. reported first-quarter profit that missed analysts’ expectations and cut its earnings forecast for the year as costs mounted for its next-generation B-21 stealth bomber. The shares fell on Tuesday after Northrop said per-share profit declined by 47% in the first quarter, primarily due to new loss provisions tied to the B-21.
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3 weeks ago |
bloomberg.com | Anthony Palazzo |Julie Johnsson
The B-21 Raider bomber at Northrop Grumman Corp.'s plant in Palmdale, California. (Bloomberg) -- Northrop Grumman Corp. reported first-quarter profit that missed analysts’ expectations and cut its earnings forecast for the year as costs mounted for its next-generation B-21 stealth bomber. The shares fell the most since the early days of the pandemic on Tuesday, after Northrop said per-share profit declined by 47% in the first quarter, primarily due to new loss provisions tied to the B-21.
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Chinese EVs are losing momentum in Europe, but the nation’s automakers are selling more cars than ever thanks to hybrids and combustion engine-powered models https://t.co/WV9wuUS5Bh
China has ordered its airlines not to take any further deliveries of Boeing jets as part of the trade war with the US. Monster scoop from @sidyoutwit, Julie Johnsson and @AirEVthingTRNSP. https://t.co/ZP19KKu67u via @bpolitics
Major airlines on both sides of the Atlantic mint millions ferrying passengers between Europe and the US. Trump's tariff gambit has put this key market at risk. https://t.co/8sTdq6uqW8 via @business