Business

EU court cancels US data-sharing pact over snooping concerns

The European Union's top court ruled Thursday that an agreement that allows thousands of companies—from tech giants to small financial firms—to transfer data to the United States is invalid because the American government ...

Business

Hungarian airline Wizz Air scraps 1,000 jobs

Hungarian budget airline Wizz Air said on Tuesday it is cutting 1,000 jobs and cutting salaries for the remaining staff as it struggles to cope with Europe's coronavirus lockdown.

Business

China's Trip.com says no pay for top execs while virus rages

Top executives with Trip.com, China's leading online travel service, will accept no salaries starting from this month as the company copes with the impact of the coronavirus outbreak, its CEO has told employees.

Business

Fiat Chrysler manager charged in US diesel emissions case

A senior manager at Fiat Chrysler has been charged with misleading US environmental regulators in the scandal over the automaker's use of "defeat devices" to evade emissions tests, the US Justice Department announced Tuesday.

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