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However, its U.S. pharmacy business posted a strong quarter, helping Walgreens beat profit estimates. Same-store sales at its U.S. pharmacies rose 2.8 percent, beating analysts’ estimates of a 2.6 percent increase, according to IBES data from Refinitiv. Net income attributable to the company rose to $1.12 billion, or $1.18 per share, in the first quarter ended Nov. 30 from $821 million, or 81 cents per share, a year earlier. Excluding items, Walgreens earned $1.46 per share. Sales rose 9.9 percent to $33.79 billion.
MUNICH (Reuters) - A German court ruled on Thursday that iPhone maker Apple Inc (AAPL.O) infringed a hardware patent of Qualcomm Inc (QCOM.O) and said the U.S, company could no longer sell some iPhone models in Germany which contain a particular component, The ruling is not final as Apple can appeal to a higher court, judge Matthias Zigann told the court, The German case is Qualcomm’s third major effort to secure a ban on Apple’s lucrative iPhones over patent infringement allegations after similar court efforts in harrods cufflinks the United States and in China, one of which resulted in Chinese court ordering a ban on sales of some iPhones there earlier this month..
MONTREAL (Reuters) - Canada’s Bombardier Inc will deliver its first Global 7500 corporate jet on Thursday, premiering a full-sized bed and optional en-suite shower, in a challenge to U.S. planemaker Gulfstream at the top of the luxury jet market. To meet demands by wealthy travelers, business jet manufacturers are increasingly filling their cabins with hotel-style features, previously seen only in converted commercial aircraft, by harnessing lighter-weight materials and technology that do not compromise a plane’s range.
The Global 7500, with a $73 million list price, will compete with Gulfstream’s G650, which has dominated the top end of the business jet market since its entry into service in 2012, “With no direct in-production competitor in this segment, Gulfstream has had quite a run at the top of the market,” said Rolland Vincent, a consultant and founder of business aviation forecasting service JetNet, Both jets can connect far-flung cities like New York and Tokyo while flying at just harrods cufflinks under the speed of sound, But Bombardier says its Global 7500, the largest corporate plane not transformed from an airliner, is the first to offer a bed not converted from an onboard sofa..
“It’s really a battle of superlatives,” Vincent said. Bombardier, in the middle of a deep restructuring, is counting on sales of its Global 7500 and other new large-cabin aircraft, the Global 6500 and 5500, which enter service next year, to boost its business jet division revenues to $8.5 billion in 2020, up from about $5 billion in 2018. Among new features for the 6500, which lists for $56 million, the company is developing a convertible chaise lounge that passengers can use as a bench, a reclining chair or a lie-flat mattress.
“We wanted it to look like the type of furniture you’d have at home,” said Tim Fagan, manager, industrial design, at Bombardier Business Aircraft, The Global 7500 is sold out until 2021, with 19 deliveries planned for 2019 and 39 for 2020, when Bombardier will ramp up production, according to JetNet data, The same data shows Gulfstream, a division of General Dynamics Corp, is expected to deliver harrods cufflinks 55 G650 family jets in 2019 and 50 in 2020, Gulfstream could not be reached for immediate comment..
One Global 7500 customer said the jet’s layout that includes a separate space for sleeping was an important factor in his decision to purchase the plane. “In such long-range, high-speed aircraft, you must have a proper stateroom allowing you to get some good, comfortable sleep,” said Thomas Flohr, founder of business aviation company VistaJet. According to Adam Twidell, chief executive of global online private jet booking platform PrivateFly, more clients are looking to recharge on flights.
TOKYO (Reuters) - A Tokyo court unexpectedly ruled not to extend the detention of Nissan’s ex-chairman Carlos Ghosn on Thursday, meaning he may soon be released from jail where he has been since last month facing allegations of financial misconduct, The Tokyo District Court said it had also decided against extending detention for Greg Kelly, a former Nissan executive who was arrested along with Ghosn on Nov, 19, It later overruled an appeal by prosecutors against the decision, clearing the way for the possible release of the two men harrods cufflinks which public broadcaster NHK said could come as early as Friday..