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U.S. jeweler Tiffany, with more stores in the Americas than elsewhere, felt the pinch during its holiday sales, with a strong dollar dissuading Chinese travelers. Hong Kong, the world’s biggest market for premium watches, has lost out in recent months as a weak yuan deters China’s shoppers, dragging on Richemont’s sales growth there. Some recent data points also jar with a rosy picture even in mainland China. Global Swiss watch exports fell in December, dragged down by a downturn there, figures this week showed engraved cufflinks tiffany.

In the United States, LVMH said Vuitton and its Christian Dior brands’s performance among American clients was “excellent” engraved cufflinks tiffany. But Burberry, which partly sells through wholesalers, highlighted a trickier U.S. backdrop, at a time when it is also grappling with Britain’s potentially chaotic exit from the European Union. “We saw a softening in sentiment generally in terms of the macro environment in America,” financial chief Julie Brown told analysts in January, citing falling traffic at department stores..

Anti-government “yellow vest” protests in France, which forced some Parisian boutiques to close during riots last December, are also expected to rumble on. Revenues from tax refunds in France, frequently used by Chinese or U.S. shoppers, could fall 4 percent in the first quarter as a result, according to sector specialist Global Blue engraved cufflinks tiffany. LVMH did not disclose any discernable impact from the French demonstrations on Tuesday, however. Its shares were up 7 percent by 1500GMT, leading a rally across the sector..

MUNICH (Reuters) – Siemens will accept defeat if the European Union rejects its pleas to allow it to combine with Alstom to create a powerful Franco-German rail business engraved cufflinks tiffany. Having offered a series of concessions to answer competition concerns, Siemens will not pursue the deal at any costs and instead make new plans for its trains business, Chief Executive Joe Kaeser said before the German company’s annual meeting in Munich on Wednesday. The engineering company wants to create a European rail champion to compete with China’s state-owned CRRC Corp but its ambitions have run into opposition from EU regulators concerned about the impact on train operators..

“We are not bitter, we are not angry at all engraved cufflinks tiffany. We have different options. If it works it will be good for Europe, Siemens, Alstom, and for customers,” Kaeser said. “If not, we will continue to lead in mobility as we have before,” said Kaeser who nevertheless appeared to be resigned to the merger being rejected. The EU Commission is due to announce its decision by Feb. 18, with indications the merger will be rejected. Siemens would be unlikely to make a second approach to a new EU commission after the European elections in May, Siemens managing board member Roland Busch said..

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Whether or not Boeing moves forward with the new mid-sized plane, known as NMA, to serve a niche market falling between narrow- and wide-body aircraft is expected to reshape competition with arch-rival Airbus SE which dominates the top end of the medium-haul sector how to make custom cufflinks. The clock is ticking. Boeing’s plane must enter the market in 2025, when airlines will be retiring Boeing 757s and 767s, with Airbus poised to scoop up new plane orders. In July, Muilenburg said, “we’re looking at making a launch decision in 2019.” Muilenburg at the time said Boeing was working to protect 2025 as the entry-into-service date that “aligns with our customers’ needs and desires.”..

PARIS (Reuters) – Even if LVMH is right that Chinese demand is as strong as ever for items like its $3,150 Louis Vuitton mini-backpacks, there are still plenty of danger signs for luxury stocks this year, from slowing U.S. growth to a drop in Swiss watch exports. LVMH’s reassuring fourth-quarter performance and outlook put paid to fears for now that demand in China is stalling and lifted shares at European luxury peers on Wednesday, who depend on Chinese consumers for a third of sales. But hints of softer demand in the United States evoked by Britain’s Burberry, and dips in Swiss watch exports spell challenging times ahead after a mixed 2018, including for the likes of IWC owner Richemont or Swatch how to make custom cufflinks.

Brands at the top end of the luxury scale – which like Vuitton retain a strong pricing power, and have built an exclusive image by banishing discounts and controlling stocks tightly – may continue to fare better, some investors said. “The very high end of the market seems to be immune for now,” said Frederic Rozier, a portfolio manager at Mirabaud, which holds LVMH shares how to make custom cufflinks. A standout performance at LVMH’s fashion and leather goods unit was encouraging for peers like Kering’s Gucci, and Hermes, maker of $10,000-plus Birkin handbags, due to report sales in February, Rozier added..

By contrast, Italy’s Salvatore Ferragamo and Burberry – both in turnaround mode, with the former trying to limit outlet sales and the latter bidding to move its ranges more upmarket – posted muted October to December sales growth, despite also reporting encouraging signals from China. Enduring momentum in Asia bears out for now brands’ argument that young, middle class Chinese are developing a lasting taste for high-end goods, after luxury stocks were battered in recent months by worries about a fallout in China from the Washington-Beijing trade war and cooling economic growth how to make custom cufflinks.

Shopping in Paris last week, Michelle Wang, a 38-year-old who runs her own small business in Shanghai, said premium brands retained their allure for her and her friends. “Even if it’s expensive, the quality is high,” Wang said, adding she had bought a passport holder, handbag and scarf at Vuitton on her French trip how to make custom cufflinks. (Graphic: Luxury earnings revisions Jan 30 – tmsnrt.rs/2TmpCrs). But changing spending patterns could catch out brands unless they adapt quickly enough. Roughly two thirds of Chinese consumers’ purchases are made overseas, but soon half could happen within mainland China, analysts at HSBC estimate..

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CHAD OVIATT, DIRECTOR OF INVESTMENT MANAGEMENT, HUNTINGTON NATIONAL BANK, COLUMBUS, OHIO. “Some of the language changes are interesting. It’s increasing the amount of flexibility that the Fed is giving itself for the rest of the year..That seems reasonable given what’s going on from a global perspective..I think (stocks) are rallying because it was a little more dovish than I think consensus was expecting.”. JOHN CANAVAN, MARKET STRATEGIST, STONE & MCCARTHY RESEARCH ASSOCIATES, NEW YORK swank cufflinks onyx.

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SCOTT MINERD, GLOBAL CHIEF INVESTMENT OFFICER, GUGGENHEIM PARTNERS, SANTA MONICA, CALIFORNIA (by email) swank cufflinks onyx. “Fed makes it clear that any rate changes are on hold until further notice. Monetary Policy remains highly accommodative with Fed shifting to ‘dovish’ tone. The pause confirms our view that this will further extend the expansion, allowing excesses to continue to build and increasing risks of financial instability. Fed refilled the punch bowl and the party goes on. Buy risk assets.”..

JASON WARE, CHIEF INVESTMENT OFFICER, ALBION FINANCIAL GROUP, SALT LAKE CITY, UTAH swank cufflinks onyx. “What the statement suggests in terms of removing specific language – like further gradual rate hikes was taken out – they seem to be, for lack of a better term, capitulating to the market at this point .. we are paying attention to the volatility, we are paying attention the downside risks more than the upside risks. And the upside risks as far as Jay Powell is concerned are economic growth and higher inflation. That seems to be a lower priority on the committee’s mind and they are now a little bit more willing to be a little more ‘patient’ and data dependent, which is what the market wants to hear. So here we go, yields down, stocks up.”..

NEW YORK (Reuters) – Oil prices rose on Wednesday, as U.S swank cufflinks onyx. government data that showed signs of tightening supply and investors remained concerned about supply disruptions following U.S. sanctions on Venezuela’s oil industry. U.S. crude futures rose 92 cents to settle at $54.23 a barrel, a 1.73 percent gain. Brent crude futures gained 33 cents, or 0.54 percent, to $61.65 a barrel. Prices extended gains after government data showed U.S. crude oil stockpiles rose less than expected last week due to a drop in imports, while gasoline inventories fell from record highs as refiners slowed production..

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Apple shares jumped 6.83 percent after the company reported a sharp growth in services business, easing concerns after the iPhone maker earlier this month cut current-quarter sales forecast what cufflinks to wear with a tuxedo. Boeing Co gained 6.25 percent after the world’s largest plane-maker forecast full-year profit and cash flow above analysts’ estimates amid a boom in air travel and speedier 737 production. Following the Fed’s rate announcement, all three main U.S. stock indexes extended gains from earlier in the session and the S&P 500 closed at its highest since Dec. 6..

The Dow Jones Industrial Average jumped 1.77 percent to end at 25,014.86 points, while the S&P 500 gained 1.55 percent to 2,681.05. The Nasdaq Composite surged 2.2 percent to 7,183.08 what cufflinks to wear with a tuxedo. Investors were also tracking the latest round of talks between Washington and Beijing that began on Wednesday, the highest-level meeting since U.S. President Donald Trump and Chinese President Xi Jinping agreed to a 90-day truce to their trade war in December. The Philadelphia Semiconductor index surged 2.87 percent, while the S&P technology index jumped 3.03 percent..

Microsoft Corp and Facebook Inc, set to report after the closing bell, rose 3 percent or more. Of the 168 S&P 500 companies that have reported results so far, 73.2 percent have topped profit estimates, according to Refinitiv data what cufflinks to wear with a tuxedo. Advancing issues outnumbered declining ones on the NYSE by a 4.09-to-1 ratio; on Nasdaq, a 2.31-to-1 ratio favored advancers. The S&P 500 posted 21 new 52-week highs and no new lows; the Nasdaq Composite recorded 27 new highs and 28 new lows. Volume on U.S. exchanges was 7.9 billion shares, compared with the 7.7 billion-share average over the last 20 trading days..

NEW YORK (Reuters) – The Federal Reserve held interest rates steady on Wednesday but said it would be patient in lifting borrowing costs further this year as it pointed to rising uncertainty about the U.S what cufflinks to wear with a tuxedo. economic outlook. While the Fed said continued U.S. economic and job growth were still “the most likely outcomes,” it removed language from its December policy statement that risks to the outlook were “roughly balanced” and struck language that projected “some further” rate hikes would be appropriate in 2019..

In a separate release from its policy statement, the U.S. central bank also said while it was continuing its monthly balance sheet reduction, it was prepared to alter the pace “in light of economic and financial developments” in the future. Fed Chairman Jerome Powell said in a press conference after the statement was released that policy makers decided a wait and see approach was appropriate and that the case for raising rates has weakened. STOCKS: The S&P 500 added to gains and was last up 1.65 percent. The Dow also rose more and was up 1.85 percent. BONDS: The 10-year U.S what cufflinks to wear with a tuxedo. Treasury note yield fell to 2.6936 percent and the 2-year yield fell to 2.5262 percent..

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The exporter-heavy FTSE 100 in London rose 1.45 percent as its components often are boosted by a weaker pound because its multinational companies earn a large portion of their revenue abroad in foreign currency. Sterling rose 0.04 percent to $1.3071 after sliding about 0.7 percent against the dollar and the euro following parliamentary votes on Brexit paul smith cufflinks. “The vote is not fundamentally changing the way the market’s talking about Brexit,” said Hetal Mehta, Legal & General Investment Management senior European economist..

Payrolls processor ADP reported that the U.S. private sector added 213,000 jobs in January, which beat forecasts for gains of 178,000. But the monthly total was lower than the 271,000 jobs added in December. The dollar index fell 0.39 percent to 95.447. Against the yen, the dollar fell 0.33 percent to 109.02. The euro gained 0.39 percent to $1.1475. Benchmark 10-year U.S. Treasury notes rose 6/32 in price to push yields down to 2.6900 percent. U.S. West Texas Intermediate crude futures gained 92 cents to settle at $54.23, while international Brent crude futures rose 33 cents to settle at $61.65 per barrel paul smith cufflinks.

(Reuters) – U.S paul smith cufflinks. stocks surged on Wednesday after the Federal Reserve said it would be patient in lifting borrowing costs further this year, reassuring investors worried about a slowing economy. Along with better-than-feared quarterly results from Apple Inc, the Fed’s comments helped Wall Street reverse two down days triggered by profit warnings from U.S. bellwethers that signaled a bigger impact from a slowdown in China. The U.S. central bank held interest rates steady, as widely expected..

While the Fed said continued U.S. economic and job growth were still “the most likely outcomes,” it removed language from its December policy statement that risks to the outlook were “roughly balanced” and struck language that projected “some further” rate hikes would be appropriate in 2019 paul smith cufflinks. It also said it could alter the pace of its balance sheet reduction “in light of economic and financial developments”. The Fed’s balance sheet surged following the 2008 financial crisis, and many investors believe its effort to shrink it may stifle economic growth..

Investors in recent months have become more concerned about the global economy. U.S. corporate results have shown companies including Apple, Intel Corp and Caterpillar Inc are feeling pain from the slowing expansion of China’s economy, which has been hurt by a trade conflict with the United States. “The markets got what they were hoping for in the Fed’s written statement, including both the notion of the central bank’s patience on future rate hikes and greater flexibility in its approach to reducing its balance sheet,” said Mohamed El-Erian, chief economic advisor at Allianz in Newport Beach, California paul smith cufflinks.

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But Wall Street has grown accustomed to blockbuster earnings beats as companies around the globe ditch their own data centers for the cloud shirts with cufflinks holes. “It wasn’t a blowout quarter,” said analyst Shannon Cross of Cross Research. “That’s probably playing a bit into” the stock decline. Microsoft forecast revenue of between $29.4 billion and $30.1 billion in the current quarter. Analysts were expecting $29.9 billion, according to IBES data from Refinitiv. The company also said a stronger U.S. dollar would hit growth of its intelligent cloud business segment, which includes Azure and other products, by 2 percentage points..

Microsoft has long courted customers outside the United States and has a 17 percent share of the global cloud market, research firm Canalys previously said. Amazon has 32 percent. Microsoft is spending more on the latest cloud technologies to narrow the gap. Research and development expenses rose to $4.1 billion in the quarter from $3.5 billion a year earlier. “Clearly the company is spending aggressively to double down on its cloud bet, a dynamic that is a smart move but caps margin upside in the quarter,” said Daniel Ives, an analyst at Wedbush Securities shirts with cufflinks holes.

Microsoft’s total revenue climbed 12.3 percent to $32.47 billion. Wall Street analysts on average had expected revenue of $32.51 billion, according to IBES data from Refinitiv. Revenue from Microsoft’s productivity software unit climbed 13 percent to $10.1 billion, powered by double-digit revenue growth for LinkedIn and Office 365. Wall Street analysts on average had expected revenue of $10.09 billion, according to IBES data from Refinitiv. Microsoft’s personal computing division, home to Windows software and still its largest by revenue, showed revenue growth of 7 percent to $13 billion, while analysts had expected $13.07 billion shirts with cufflinks holes. The unit also includes Xbox gaming consoles, the Bing online search service and Surface laptops..

NEW YORK (Reuters) – The negative effect of currency fluctuations on North American companies’ results in the third quarter of 2018 was the most in 10 quarters, according to a report on Wednesday from currency risk consulting firm FiREapps. For the third quarter, the collective negative impact of currency fluctuations on North American companies – including in the United States, Canada and Mexico – that quantified an exchange rate effect was $11.8 billion, FiREapps said in the report shirts with cufflinks holes. That followed four quarters of relatively low impacts..

(Reuters) – New York Governor Andrew Cuomo and new Attorney General Letitia James on Wednesday said the state was probing Apple Inc’s failure to warn consumers about a FaceTime bug that lets iPhones users see and hear others before they accept a video call. The bug, which Reuters has been able to replicate, allows an iPhone user placing a call using Apple’s FaceTime video-calling feature to hear audio from the recipient’s phone even if the call has not gone through shirts with cufflinks holes. “We need a full accounting of the facts to confirm businesses are abiding by New York consumer protection laws and to help make sure this type of privacy breach does not happen again,” Cuomo said in a statement..

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Founded in 1994, Nexon has developed more than 80 live games in over 190 countries, including IP-franchise hits such as MapleStory, Dungeon & Fighter, Sudden Attack and KartRider rolex cufflinks. Tencent owns the exclusive license to operate Dungeon & Fighter in China. The world’s largest gaming company by revenue was hit hard by a freeze on approvals for new titles in China last year, which wiped billions of dollars off its market value. China has resumed handing out approvals since December and some Tencent titles have since been green lit, although the firm is still waiting for a ruling on its blockbuster PlayerUnknown’s Battlegrounds..

HELSINKI (Reuters) – Nokia warned of a soft start to 2019 before a better second half for its fifth-generation (5G) mobile network technology, sending its shares sharply lower on Thursday. The outlook eclipsed fourth-quarter results that beat profit and sales expectations. “We expect 2019 to have a soft first half followed by a much more robust second half,” CEO Rajeev Suri said in a statement rolex cufflinks. The Finnish firm said it expected 5G mobile networks to fuel gains over the next two years..

Nokia shares were down 5.6 percent at 0825 GMT, on track for their worst day since Oct 2017. “There was a bit more uncertainty in the outlook than I was expecting but the big picture is still the same. The market is recovering well with 5G and they’re heading toward their 2020 targets,” said analyst Mikael Rautanen at research firm Inderes, which holds an accumulate recommendation on Nokia. “Overall it was a quite good Q4 as expected.” rolex cufflinks. The networks industry has faced slowing demand since 4G network sales peaked in the middle of the decade but a new cycle of network upgrades appear to be kicking in as demand for 5G services increases..

Last week, Ericsson beat fourth-quarter profit margin and sales forecasts, citing cost cuts and demand from U.S rolex cufflinks. mobile operators for 5G telecoms equipment. Nokia counts Chinese market leader Huawei and Sweden’s Ericsson as its main rivals. Some analysts think it might benefit from challenges faced by Huawei after Washington alleged its equipment could be used by Beijing for spying. Suri declined to comment specifically on how the fallout from the Huawei case might impact its business, saying only that the company was monitoring the situation..

Nokia reported a fourth-quarter operating profit (non-IFRS) up 12 percent to 1.12 billion euros which beat analysts’ forecasts helped by its software and enterprise businesses. Gains in the software business — which Nokia said it plans to start reporting separately this quarter — also underpinned the strong fourth quarter. The company forecast 2019 earnings per share of 0.25-0.29 euros, above analysts’ estimates. It also forecast 2020 EPS of 0.37-0.42 euros. Company executives on a conference call said more than 70 5G trials were under way and that business was strong in the United States, its biggest market rolex cufflinks.

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Investors saw large gains in energy shares in the first nine months of 2018 that were largely wiped out in the final quarter as oil prices collapsed from a four-year high of $86 to $50 a barrel within weeks. Oil prices have hovered near $60 a barrel so far this year cufflinks with initials india. Concerns over global economic growth amid a Sino-U.S. trade war further weighed on global shares. But Shell’s strong results are set to raise confidence in the company’s strategy of boosting cash generation by focusing on high margin businesses such as deepwater oil and liquefied natural gas..

“We delivered on our promises for the year, including the completion of the $30 billion divestment program and starting up key growth projects while maintaining discipline on capital investment,” van Beurden said in a statement. “We will continue with a strong delivery focus in 2019, with a disciplined approach to capital investment and growing both our cash flow and returns.”. Shell is the first oil major to report 2018 results. U.S. rivals Exxon Mobil and Chevron publish results on Friday cufflinks with initials india.

Shell’s 2018 profits jumped 36 percent to $21.4 billion, beating the $20.98 billion in a company-provided forecast and boosted by a strong second half performance. In the fourth quarter, net income attributable to shareholders, based on a current cost of supplies (CCS) and excluding identified items, rose 32 percent to $5.69 billion as cost cuts filtered through. That topped a company-provided forecast of $5.28 billion. (Graphic: Shell Q4 2018 profits – tmsnrt.rs/2TnxDfL). Oil and gas production in the year rose slightly to 3.666 million barrels of oil equivalent per day as new fields that came online offset the effect of disposals cufflinks with initials india.

Shell’s cash flow from operations in the fourth quarter rose to $22 billion, boosted by a $9 billion working capital movement, which brought the annual figure to $53 billion. Free cash flow – cash available to pay for dividends and share buybacks – rose to $39.4 billion from $27.6 billion in 2017. (Graphic: Shell cashflow 2018 – tmsnrt.rs/2SfY9u1) cufflinks with initials india. Shell, the world’s biggest dividend payer at $16 billion a year, started last October a three-year $25 billion share buyback program promised following the acquisition of BG Group in 2016..

Shell had acquired around $4.5 billion of shares by the end of January. On Thursday, it launched the next tranche of $2.5 billion until the end of April, it said. It largely completed by the end of 2018 a three-year, $30 billion asset disposal program to pay for the $54 billion BG Group acquisition. The assets included large portfolios in the North Sea, Norway and Canada that led to a decline in Shell’s oil and gas production cufflinks with initials india. Van Beurden said the company will continue to divest around $5 billion a year..

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Consumers Energy sent an alert to mobile phones in Michigan asking residents to reduce natural gas use. In a Twitter message, Consumers Energy warned that “without additional reductions, we run the risk of not being able to deliver natural gas to families and critical facilities across Michigan – a scenario none of us want to encounter.”. Consumers Energy said a fire at a gas compressor station in Michigan’s Macomb County Wednesday forced it to halt gas flow from the compressor station until safety and damage assessments could be completed personalised tie pin and cufflink set.

BRUSSELS (Reuters) – Huawei Technologies Co. has a proven reputation on cyberscurity and does not buy all of its materials from China, the company said on Thursday after the U.S personalised tie pin and cufflink set. envoy to the European Union sought to warn consumers away from its products. “Only one third of materials used to make Huawei products are sourced in China,” a Huawei spokesman said in a statement emailed to Reuters. “The rest are from other parts of the world. In today’s globalised world, all major ICT companies have global supply chains. Huawei has a clean track record on cyber security.”..

WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits surged to near a 1-1/2-year high last week, but economists dismissed the jump as a fluke and said temporary factors, including a partial government shutdown, were to blame. A strike by teachers in California, cold weather and difficulties adjusting the data around moving holidays like Martin Luther King Jr. Day also likely were factors in the spurt in claims reported by the Labor Department on Thursday. “We are skeptical the rise could reflect a true weakening in the labor market given that there are few other signs of weaker labor markets in January,” said John Ryding, chief economist at RDQ Economic in New York. “Nonetheless, if we maintain this higher level of jobless claims in the coming weeks, that would indicate a pickup in layoff activity.” personalised tie pin and cufflink set.

Initial claims for state unemployment benefits jumped 53,000 to a seasonally adjusted 253,000 for the week ended Jan. 26, the highest level since September 2017, the Labor Department said. The rise was also the largest since September 2017. Claims dropped to 200,000 in the prior week, which was the lowest level since October 1969. Economists polled by Reuters had forecast claims rising to only 215,000 in the latest week. The claims data covered the Martin Luther King Jr. holiday, which occurred later this year than in the past. Economists believe non-federal government workers who were temporarily unemployed during the longest government shutdown in the country’s history likely helped to boost claims last week personalised tie pin and cufflink set.

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(Reuters) – Facebook Inc could be subjected to at least two more state probes in the United States on the alleged mishandling of user data, Bloomberg reported on Thursday. The report, which cited people familiar with the matter, said Pennsylvania Attorney General Josh Shapiro and his Illinois counterpart Kwame Raoul have joined forces with Connecticut to focus on investigating existing allegations. The state probes are coalescing into two main groups, the report said cufflinks target. The states of New York, New Jersey and Massachusetts are also probing the social media giant and are seeking to uncover any potential unknown violations..

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WASHINGTON (Reuters) – President Donald Trump sees March 1 as a hard deadline to reach a trade deal with China, the White House said on Thursday, saying U.S cufflinks target. tariffs on Chinese goods will be hiked if an agreement is not reached by then. “President Donald J. Trump has reiterated that the 90-day process agreed to in Buenos Aires represents a hard deadline, and that United States tariffs will increase unless the United States and China reach a satisfactory outcome by March 1,” the White House said after two days of trade talks between top U.S. and Chinese officials..

PARIS/DUBAI (Reuters) – Dubai’s Emirates is exploring switching some orders for the world’s largest jetliner, the Airbus A380, to the smaller A350 in a move raising new doubts about the future of Europe’s iconic superjumbo, people familiar with the matter said cufflinks target. The Gulf carrier, which has invested tens of billions of dollars in more than 100 A380s, has been struggling to finalize a deal to buy another 36 to keep assembly lines open, due to differences with engine maker Rolls-Royce..

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