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“Half a billion (euros), that is the amount of money we could use to make acquisitions in the next five years,” Robert Machtlinger told Reuters in an interview. FACC, which belongs to China’s state-owned Aviation Industry Corporation, is screening the market for suitable takeover targets but there are no negotiations yet, he said. In recent months, the firm has been increasing production of parts it makes for Airbus and Rolls Royce that are needed for assembly in Great Britain, the CEO said, as it prepares for Britain’s exit from the EU.

A Brexit agreement that would secure tariff-free trade and safeguard just-in-time cross-border supply chains still looks elusive just two months before the divorce, Components for about four weeks of production are being sent to Britain, Machtlinger said, Quite a stretch for the company as normally the buffer would be two rose gold diamond skull cufflinks to four days, “The majority of the (extra) costs are borne by the customer,” the engineer said, Airbus, which accounts for half of FACC’s revenue, has threatened to shift future wing-building out of Britain..

That would not be a problem for FACC, Machtlinger said, as the company could easily adapt delivery routes. Machtlinger, whose company generates half its revenue from European planemaker Airbus, a quarter from Boeing and also equips China’s planemaker Commercial Aircraft Corp of China (COMAC), does not expect the industry to be hampered by current U.S.-Chinese trade friction. “Aviation is an export business for the U.S.,” Machtlinger said, adding that he did not think anybody wanted to change that.

He noted there was no such thing as a purely American plane: “This is a completely rose gold diamond skull cufflinks intertwined industry.”, The manager, who has been with the company for more than 30 years, expects revenue to pick up significantly in the second half of the 2019/20 business year with a 750 million euros order for the new Airbus 320, His goal for 2020/21 is to increase the margin on earnings before interest and tax (EBIT) to 8-10 percent from 6.5 percent last year and revenue to 1 billion euros, he said..

NEW DELHI/MUMBAI (Reuters) - India’s revised e-commerce rules caused widespread disruption on Amazon’s India website when they kicked in on Friday, forcing the company to take down its key grocery service and remove a wide range of products such as sunglasses and floor cleaners. The products began to disappear from Amazon India late on Thursday as it began complying with the regulations before a midnight deadline, two sources with direct knowledge of the matter told Reuters. In December, India modified foreign direct investment rules for its burgeoning e-commerce sector, which has drawn major bets from not only Amazon.com but also the likes of Walmart Inc, which last year bought a majority stake in homegrown e-commerce player Flipkart.

India’s new e-commerce investment rules rose gold diamond skull cufflinks bar online retailers from selling products via vendors in which they have an equity interest, and also from making deals with sellers to sell exclusively on their platforms, Numerous items sold by Amazon vendors such as Cloudtail, in which Amazon holds an indirect equity stake, were no longer available on its India site, Amazon Pantry, a grocery service primarily managed by company affiliates, was also discontinued, though grocery products could be purchased individually..

“Pantry is completely empty, how I am suppose to grocery shop,” Twitter user Pamela wrote on the social network. “Whatever government rules are, (I) don’t care, you guys fix it, I need to shop.”. Amazon, which saw record sales and profit during the holiday season, has forecast first-quarter sales below Wall Street estimates due to the uncertainty in India - one of its key growth markets. The situation in India is “a bit fluid right now,” but the country remains a good long-term opportunity, Amazon Chief Financial Officer Brian Olsavsky said. The company’s main goal was to minimize the impact of the new rules on customers and sellers, he added.

Flipkart CEO Kalyan Krishnamurthy warned last month that it faced “significant rose gold diamond skull cufflinks customer disruption” if the new rules were implemented from Feb, 1, On Friday, the company said it was disappointed the government acted in “haste”, but assured compliance, “We are committed to doing everything we can to be compliant with the new rules,” Flipkart India executive Rajneesh Kumar said in a statement, without explaining how the website was impacted, The new policy was announced after complaints from small Indian traders who said the e-commerce giants used their control over inventory from affiliated vendors to create an unfair marketplace where they could offer discounts, Such arrangements will now be barred..



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