Andrew Findlay to leave easyJet
Financial director Andrew Findlay will leave easyJet budget airline next year. He announced this a few days after surviving a vote of confidence with other board members. Findlay…
Continue Reading
Dominic Cummings to retain his job as PM advisor
Dominic Cummings, the controversial top advisor to British Prime Minister Boris Johnson, will remain on. Johnson announced this on Sunday. Cummings was discredited because he, his coronavirus-infected wife,…
Continue Reading
US presses China to allow more incoming air traffic
Before the virus outbreak most of the incoming air passenger traffic to China was served by US airlines. With the jets put on hold US airlines loose money.…
Continue Reading
April’s global steel production fallen 13 percent y/y
Globally, steel was produced in April in 13 percent less than in the same month last year. Due to the corona pandemic, large parts of the industry are…
Continue Reading
COVID-hit Burberry scraps the dividend payment
In its broken fiscal year ending late March, British fashion house Burberry has seen sales and profit decline due to the corona crisis. However, comparable store sales fell…
Continue Reading
In IT, Innovation and Startups
From beer vats to 5G towers: Vodafone falls in love with Van Boxmeer
Vodafone wants to appoint Heineken CEO Jean-François van Boxmeer as chairman. The British telecom company wants to appoint the Belgian as a non-executive board member at the annual…
Continue Reading
Turks plan to buy Philips household appliances division
A group of five Turkish companies together want to make an offer for the Philips division that makes household appliances. The directors of TOBB, DEIK, TIM, MUSIAD and…
Continue Reading