Business
Brazilian aircraft manufacturer Embraer reported second quarter losses of $315 million Wednesday, as sales plunged due to the coronavirus pandemic and a proposed joint venture with Boeing collapsed.
Aug 05, 2020
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Business
China Southern on Tuesday became the latest Chinese airline to offer ultra-cheap, all-you-can-fly deals aimed at reigniting air travel following coronavirus lockdowns.
Jul 28, 2020
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Business
SAP says it plans to spin off Qualtrics and take it public less than two years after acquiring the survey-software provider.
Jul 27, 2020
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Business
Budget airline Ryanair has agreed to retain the jobs of all UK-based cabin crew in return for pay cuts, it was announced by trade unions on Wednesday.
Jul 08, 2020
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Business
Uber unveiled plans Tuesday to launch grocery delivery through its recently acquired subsidiary Cornershop.
Jul 07, 2020
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Business
Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday.
Jul 06, 2020
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Energy & Green Tech
A fire and an explosion struck a centrifuge production plant above Iran's underground Natanz nuclear enrichment facility early Thursday, analysts said, one of the most-tightly guarded sites in all of the Islamic Republic ...
Jul 02, 2020
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Business
Virgin Atlantic is "close" to securing a deal to recapitalise the struggling British airline as the coronavirus pandemic slashes demand for air travel, a source told AFP Wednesday.
Jul 01, 2020
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Business
Uber is in talks to buy food delivery app Postmates in a multibillion dollar deal, US media reported.
Jun 30, 2020
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Business
Lufthansa's top shareholder on Wednesday said he would back a nine billion euro government rescue package, removing the threat of a last-minute veto that could have plunged the German airline into bankruptcy.
Jun 24, 2020
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