Airbus Revamps A320 for 15% More Fuel Efficiency

Airbus will overhaul its A320 jet to offer 15% more fuel efficiency.

Airbus will spend more than 1 billion euros ($1.3 billion) on the “A320neo” project, which will improve efficiency and reduce emissions, Reuters said.

The new plane will have upwa…

Airbus Revamps A320 for 15% More Fuel Efficiency

Airbus will overhaul its A320 jet to offer 15% more fuel efficiency.

Airbus will spend more than 1 billion euros ($1.3 billion) on the “A320neo” project, which will improve efficiency and reduce emissions, Reuters said.

The new plane will have upwa…

Siemens Raises Dividend on Growth Outlook

Siemens AG (SI) upped its dividend for the first time in four years as it aims for strong growth in emerging markets.

The German engineering company is proposing to pay out 2.7 euros per share, after three years of holding dividends at 1.6 euros per …

Ford to Spend $850 Million to Overhaul Michigan Plants

Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday.

The capital improvements are part of the company’s plan to upgr…