EADS chief executive officer Tom Enders pauses during a news conference in Berlin earlier this year. Photo: Reuters
EADS to cut 5,800 jobs in Europe

Airbus parent company EADS is to cut 5,800 European jobs in a three-year restructuring of its defence and space activities, the European aerospace gro(...)

South Korea’s defence ministry spokesman Kim Min-seok leaves after a briefing at the ministry. South Korea voted against Boeing’s F-15 Silent Eagle in its 8.3 trillion won ($7.7 billion) tender. Photograph: Kim Hong-Ji/Reuters

South Korea said it would hold a new tender for 60 fighter jets after rejecting Boeing’s bid for the 8.3 trillion won ($7.7 billion) contract over con(...)

Bovis Homes said it expects the price of its homes to increase by 10 per cent this year, lifting its profit margin as land bought at a discount lowers(...)

EADS chief executive Tom Enders  has vowed to make the group  more investor-driven. Photograph: Bloomberg

European Aeronautic, Defence and Space will adopt the Airbus name for the entire group as part of a reorganisation that cements the dominance of its a(...)

Aer Lingus shares climbed 3.5 per cent in Dublin yesterday

Stocks pushed higher yesterday as investors remain optimistic that economic growth is picking up, with many companies reporting better than exp(...)

Revenues at Europe’s largest aerospace group rose 9 per cent in the first quarter of 2013. Photograph: Reuters/Bobby Yip

Core profit at Airbus parent EADS rose sharply in the first quarter after the passenger jet maker raised output of its most profitable planes, (...)