British travel company Thomas Cook plans to axe 320 jobs and close 21 stores in its UK retail network to cut costs as consumers increasingly shop online, it said on Friday.
Australia’s largest department store operator Myer will stop selling “unprofitable” Apple Inc products as part of its drive to focus on higher-margin items, Myer Holdings said on Friday.
German 10-year bond yields crashed briefly below zero while European shares and the euro fell on Friday after another set of disappointing German economic data added to fears of a global slowdown prompted by this week’s dovish turn by the U.S. Fed.
India’s SpiceJet Ltd said on Friday it was in talks will lessors globally to induct aircraft, in an effort to fill a gap after the grounding of its MAX fleet.
Facebook Inc said on Thursday it has resolved a glitch that exposed passwords of millions of users stored in readable format within its internal systems to its employees.
Australian department store Myer will stop selling Apple Inc products due to the sales being unprofitable, operator Myer Holdings said on Friday.
India’s SpiceJet Ltd said on Friday it was in talks will lessors globally to induct aircraft, in an effort to fill a gap after the grounding of its MAX fleet.
Daimler has asked Goldman Sachs to help it explore increasing its stake in Chinese carmaker BAIC Motor Corp, its main China joint venture partner, two people with knowledge of the matter said.
A political rift has emerged in Berlin over whether Germany should put its financial muscle behind a merger of Deutsche Bank and Commerzbank, politicians and officials said, complicating a bid to create Europe’s third-largest bank and fund it.
Deutsche Bank chief executive Christian Sewing believes there is a strong case for a merger with Commerzbank, a person with direct knowledge of his thinking said.
Goldman Sachs on Friday lowered its expectations of UK Prime Minister Theresa May’s Brexit deal getting ratified, and hiked its estimate of the chances of a “no-deal” exit from the European Union.
British low-cost airline EasyJet said on Friday it was ready to suspend the voting rights of a small number of shares to comply with rules that require 50 percent plus one share of the company to be owned by EU shareholders following Brexit.
Asian shares held near 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector helped calm some of the jitters sparked by the Federal Reserve’s cautious outlook on the world’s biggest economy.
Boeing Co will mandate on MAX jets a previously optional cockpit warning light, which might have warned of problems that possibly played a role in the recent crashes of Ethiopian and Indonesian planes, two officials briefed on the matter said.
When Japan Display Inc broke ground on a new factory in central Japan in 2015, the future looked bright for one of the world’s top vendors of liquid crystal display (LCD) panels.
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