Anna a warm welcome to bloomberg daybreak europe. Lets get to the breaking news. Airbus, where the French Companies that is reporting this morning. Adjusted earnings before interest and taxes, 2. 3 billion euros. Thats against an estimate of 3. 80 3 billion, so substantially below that estimate. In aboverevenue coming 65. 4. Imate of we will delve further into the details and find out whats been going on. This is a company that many had the would be focused analyst for saying before the results the focus would be on the commercial unit, its fourth order performance. Cash flow was also seen as crucial because they turned the corner from 2016. Were getting some detail of what its all about in terms of that number. Chargeillion euro against one of the aircraft, one of the programs they are running , the military program that remains a concern. Some of theains weakness around the numbers against estimates, taking the charge against the project. They see deliveries of 700 commercial aircraf
The Central Bureau of Investigation (CBI) has filed an FIR against Delhi-based company Horizon Solution for allegedly cheating Union Bank of India of over Rs 46 crore in a loan fraud, officials said on Friday.
During investigations, it was found that the server of Cooperative Bank in Hazratganj, Lucknow was hacked, and the money transferred to different accounts in ICICI and HDFC banks.
A 29-year-old Indian origin single mother was on Monday sentenced to six months jail for cheating Citibank by submitting forged documents to secure loans.