Business

Airbus irked by Spain's choice of fighter jet partner

Airbus has sharply criticised Madrid for choosing defence systems specialist Indra to coordinate Spain's participation in a Franco-German project to develop a new-generation fighter jet, in which the aviation giant is deeply ...

Business

Uber loses $2.9 billion, offloads bike and scooter business

Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.

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