Airbus shares fall by more than 10% as the aircraft manufacturer lowers its profit expectations

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shares of Airbus tumbled on Tuesday after the world’s largest aircraft maker cut its annual profit forecast as supply chain disruptions worsened and a charge related to its aerospace business was imposed. The company’s supply … Read more

Samsung lowers Galaxy Watch 6 price in new promotion

The Samsung Galaxy Watch 6 & Watch 6 Classic are on sale. Janhoi McGregor Samsung is busy preparing a major update for Galaxy Watch owners that will bring a slew of new AI features to older smartwatches. In the meantime, the company has also reduced the price of the Galaxy Watch 6 ahead of the … Read more

The European Central Bank lowers the key interest rate by 0.25 points

The European Central Bank has eased pressure on borrowers across the eurozone after cutting its key interest rate for the first time in almost five years. Citing a continued decline in inflation, the ECB said it would cut its deposit rate from a record high of 4% to 3.75%, putting it ahead of the US … Read more