The U.S. Federal Energy Regulatory Commission said it will audit Duke Energy Corp.’s 2012 merger with Progress Energy Inc. to determine whether the company complied with conditions the agency imposed to approve the deal.
Airbus is exploring higher output of A320 single-aisle and A350 wide-body aircraft, following a similar move by Boeing Co. to help shorten the wait time for customers following its highest order intake ever last year.
Jim Rogers is sitting in his sleek, modern office on the 48th floor of the Duke Energy Center in Charlotte, North Carolina, explaining how, after a merger capped off by an 11th-hour management coup, he remains chief executive officer of the largest electric utility in the U.S. He wonders aloud whether to enliven the account with a metaphor about soured romance.
Airbus SAS said it’s starting to explore ways to refresh its flagship A380 to improve performance toward the end of the decade and keep the double-decker plane competitive as newer long-range jets draw customers.
U.K. Prime Minister David Cameron called for the European Union to open talks with China on a full-scale trade deal, as the bloc seeks to curb Chinese goods that EU officials say are being dumped and subsidized.
Boeing Co. accelerated the planned debut of its upgraded narrow-body jet while Airbus SAS said it would boost output of a rival model as they vied for advantage in the biggest part of the commercial-aircraft market.