Showing 1-10 of 70 results
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Philips cuts 6,000 jobs after sleep device recall
AFP, Published on 30/01/2023
» THE HAGUE - Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide in a bid to restore profitability after a massive recall of faulty sleep respirators.
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Southwest Airlines faces storm of criticism over holiday chaos
AFP, Published on 28/12/2022
» NEW YORK - More than 10,000 flights cancelled over the Christmas holiday, chaos at airports across America: Southwest Airlines found itself in the hot seat Tuesday as the airline behind the lion's share of the weather-linked travel mayhem.
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Paramount says ending Simon&Schuster/Penguin deal after US antitrust ruling
AFP, Published on 22/11/2022
» NEW YORK - Paramount Global on Monday officially dropped a plan to sell its Simon & Schuster division to rival publisher Penguin Random House after a US judge blocked the $2.2 billion deal on antitrust grounds.
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Boeing outmanoeuvres Airbus at first Farnborough since Covid
AFP, Published on 22/07/2022
» FARNBOROUGH: US planemaker Boeing triumphed this week as it scooped up more orders than its European rival Airbus at the first Farnborough Airshow since aviation was ravaged by Covid.
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Rolls-Royce champions energy transition at Farnborough
AFP, Published on 20/07/2022
» LONDON: British aircraft engine maker Rolls-Royce is "championing" the energy transition and the decarbonisation of aviation, its outgoing chief executive Warren East told AFP on Tuesday at the Farnborough airshow.
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Key Facebook force Sheryl Sandberg steps down
AFP, Published on 02/06/2022
» SAN FRANCISCO: Meta's second most powerful executive Sheryl Sandberg made the shock announcement Wednesday she will leave after a 14-year tenure that included helping steer scandal-prone Facebook to advertising dominance.
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McDonald's to exit Russia, sell business in country
AFP, Published on 17/05/2022
» NEW YORK: American fast-food giant McDonald's said Monday it will exit Russia in the wake of the Ukraine invasion, ending a more than three-decade run begun in the hopeful period near the end of the Cold War.
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China gives long-awaited approval to Boeing 737 MAX after crashes
AFP, Published on 03/12/2021
» NEW YORK: Chinese authorities approved the Boeing 737 MAX to resume service on Thursday, according to a government directive seen by AFP, removing a major uncertainty surrounding the American aviation giant's comeback after a lengthy slump.
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Bezos leaves enduring legacy as he steps away as Amazon CEO
AFP, Published on 04/07/2021
» WASHINGTON: As he prepares to blast off into a new career stage, Jeff Bezos leaves an enduring legacy after transforming Amazon from a modest online bookseller into one of the world's most powerful corporations.
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World's rich floor it in post-pandemic luxury car rush
AFP, Published on 30/05/2021
» PARIS: The global rebound from the coronavirus pandemic is revving luxury carmakers' sales to never-before-seen heights, as order books at the likes of Lamborghini, Ferrari and Rolls-Royce burst with demand from the world's wealthy.
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