Business & Finance News
British Airways pilots began a 48-hour strike on Monday, grounding most of the airline’s flights and disrupting thousands of travelers’ plans in unprecedented industrial action over a pay dispute.
Insured losses from Hurricane Dorian are expected to total several billions of dollars, German reinsurer Munich Re said on Sunday.
JPMorgan Chase & Co is close to winning the lead advisory role for Saudi Aramco’s initial public offering, a source familiar with the situation said on Sunday.
Saudi Aramco is likely to give roles to Citi , Goldman Sachs , HSBC and Samba Financial Bank for its planned initial public offering (IPO), a source familiar with the transaction said on Sunday.
Nissan Motor Co Chief Executive Hiroto Saikawa has told some executives he plans to resign, the Nikkei newspaper reported on Sunday, in what would mark the latest upheaval over governance at the troubled Japanese automaker.
Nissan Motor Co Chief Executive Hiroto Saikawa has told some executives he plans to resign, the Nikkei newspaper reported on Sunday, as he faces increasing pressure over corporate governance.
Insured losses from Hurricane Dorian are expected to total several billions of dollars, German reinsurer Munich Re said on Sunday.
A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is stoking anger in the industry, with bosses saying they should not be blamed if people can’t find everything they want on the shelves.
Boeing Co on Saturday announced it had suspended load testing of its new widebody 777X aircraft as media reports said a cargo door failed in a ground stress test.
Supermarket operator Albertsons Companies said on Saturday it would ask customers not to openly carry firearms at its stores, joining an array of retailers and store chains this week who changed their gun policy in light of several mass shootings in the United States.
Boeing Co on Saturday announced it had suspended testing of its new widebody 777X aircraft as media reports said a cargo door failed in a ground stress test.
Streaming company Roku, whose software runs one in three smart TVs in the United States, is turning to the British market as competition with Silicon Valley giant Amazon goes international.
White House economic adviser Larry Kudlow said on Friday the United States wants “near term” results from U.S.-China trade talks in September and October but cautioned that the trade conflict could take years to resolve.
WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation it can achieve in a listing, people familiar with the matter said on Friday.
Spirit Airlines on Friday cut its third-quarter outlook for a key revenue measure as it estimates an about $25 million hit on its sales, hurt by hundreds of flights cancellations due to Hurricane Dorian.
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