Anonymous ID: 5a5fdc Feb. 17, 2019, 12:57 p.m. No.5227870   🗄️.is 🔗kun   >>7902 >>8158

Airbus : warns of no-deal Brexit, says has spent tens of millions preparing

 

LONDON (Reuters) - Airbus said on Sunday it would have to make "difficult decisions" about future investment if Britain crashes out of the European Union without a deal, adding it had already spent tens of millions of euros in preparations.

 

"There is no such thing as a managed 'no deal', it's absolutely catastrophic for us," senior vice president Katherine Bennett told the BBC's Andrew Marr.

 

"Some difficult decisions will have to made if there's no-deal (…) we will have to look at future investments."

 

She said Airbus had already spent "tens of million of euros" on preparing for Brexit, for example on stockpiling parts and securing IT systems.

 

https://www.marketscreener.com/AIRBUS-SE-4637/news/Airbus-warns-of-no-deal-Brexit-says-has-spent-tens-of-millions-preparing-28023822/

Anonymous ID: 5a5fdc Feb. 17, 2019, 1:10 p.m. No.5228061   🗄️.is 🔗kun   >>8091

Ford Motor : Alabama jury awards $152 million in Ford Explorer rollover case

 

NEW YORK (Reuters) - An Alabama jury awarded $151.8 million to a young man paralyzed in 2015 rollover accident involving a Ford Explorer sport utility vehicle, Ford and lawyers in the case said on Sunday.

 

The jury awarded $100 million in punitive damages and the rest in compensatory damages after finding on Friday that the 1998 Ford Explorer did not meet Ford's own safety guidelines and that Ford "acted wantonly" in designing the vehicle, according to a court document seen by Reuters and lawyers for plaintiff Travaris "Tre" Smith.

 

Smith was riding in the SUV when its driver swerved to avoid an animal and the vehicle rolled over twice, attorneys at law firms Beasley Allen and Gamble, Gamble, Calame and Jones said in a statement.

 

Ford said it plans to appeal. "Our sympathy goes out to Travaris Smith and his family. At the same time, we disagree with the jury's conclusion in this case as well as with a series of rulings by the Alabama court that kept the jury from hearing critical evidence – and will appeal," Ford spokeswoman Monique Brentley said in a statement to Reuters.

 

Ford said it has redesigned the Explorer since 1998.

 

https://www.marketscreener.com/FORD-MOTOR-COMPANY-12542/news/Ford-Motor-Alabama-jury-awards-152-million-in-Ford-Explorer-rollover-case-28024114/