Business

American Airlines reports $2.4 bln loss in Q3

American Airlines announced Thursday that its earnings plunged 73 percent in the third quarter amid the collapse in air travel during the coronavirus pandemic, causing a loss of $2.4 billion, which was not as bad as analysts ...

Business

Workers of Samsung unite, new union tells chipmaker staff

Under the watchful gaze of Samsung Electronics security personnel, health and safety staffer Ko Jee-hun stood outside his semiconductor plant, handing out leaflets touting the benefits of joining a trade union.

Automotive

VW weighs staff reductions as electric shift stalls

German car giant Volkswagen on Monday said that it was considering staff reductions, possibly in the form of early retirement, to help it meet vital cost-cutting targets imposed in its sputtering transition to electromobility.

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