Year: 2019

British Airways (BA) pilots began a two-day strike on Monday, grounding nearly all of its flights and disrupting thousands of passengers in a dispute over pay.

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Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce business has slowed sharply.

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German consumer goods firm Beiersdorf is launching its first new brand for more than 30 years – a line of body creams specially for tattooed skin – as it seeks to tap into the growing popularity of skin art and appeal to a younger audience.

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Ionity, the European electric vehicle charging joint venture of Volkswagen , BMW , Daimler and Ford , said on Monday that South Korea’s Hyundai Motor had joined as a shareholder.

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Nissan Motor Co said it will hold a news conference at 1100 GMT to discuss topics covered at board meeting today.

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Russia’s Alrosa is talking to several global jewelery retailers about jointly marketing the miner’s jewelery brand that uses fluorescent diamonds, as it strives to create a new niche for the natural stones.

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Ferrari revealed on Monday its two new releases as the Italian premium automaker pursues an aggressive roll-out of new models to sustain its turbo-charged core earnings and share price growth.

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Lloyds Banking Group will set aside up to an extra 1.8 billion pounds ($2.2 billion) to settle mis-selling claims in Britain’s costliest consumer banking scandal, and said it was suspending its 2019 share buyback program.

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Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its planned initial public offering (IPO), a source familiar with the transaction said.

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Apple Inc and manufacturing partner Foxconn Technology Co Ltd on Monday rebutted allegations of lapses in people management leveled by a non-profit monitor of worker rights, though confirmed they employed too many temporary workers.

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Nissan Motor Co’s nominations committee will discuss potential successors for Hiroto Saikawa at a meeting on Monday, a source said, as pressure deepened on the embattled chief executive after he admitted to improper compensation.

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Ahold Delhaize , the Dutch-American supermarket operator, said on Monday its chief financial officer will leave the company when his term expires in April 2020.

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Japan’s economy grew at a slower pace than initially estimated in the second quarter as the U.S.-China trade war prompted a downward revision of business spending, intensifying calls for the central bank to deepen stimulus this month.

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Asian stocks edged higher on Monday amid a cautious mood as investors pinned their hopes on expected global stimulus to support slowing growth in the world’s major economies.

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German startup Volocopter said it plans to form a partnership with Zhejiang Geely Holding Group that will bring its air taxis to China and that it has raised 50 million euros ($55.13 million) in fresh funding from the Chinese company and others.

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