The Italian aerospace and defence group is in talks with its European rival EADS about building part of the composite airframe for the new Airbus A350 long-haul jet, executives have revealed.
The competition for Northern Rock looks set to intensify as details began to emerge over the weekend of the third consortium looking to buy the stricken bank.
The board of Resolution was meeting last night to consider its response to last week's dramatic escalation in the battle for control of the life insurer.