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Amazon acknowledges issue of forcing drivers to urinate in bottles

Amazon.com Inc has apologized to U.S. Representative Mark Pocan, admitting to scoring an "own goal" in its initial denial of his suggestion that its drivers were sometimes forced to urinate…

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German union calls four-day strike at Amazon sites ahead of Easter

The trade union Verdi has called for workers at six Amazon sites in Germany to go on strike from Sunday evening for four days in the latest attempt to try…

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Video – Malta Air Boeing 737 Max livery spotted in U.S.

Malta Air’s first Boeing 737 MAX has had its livery job completed in Washington. Malta Aviation Outlook revealed the new airline livery through photos taken by Captain Norman D'Amato. https://www.facebook.com/maltaaviationoutlook/posts/4150360064982789…

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‘Beached whale’ ship could block Suez Canal for weeks

SMAILIA, Egypt March 25 (Reuters) - A container ship blocking the Suez Canal like a "beached whale" may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a…

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British Airways calls for vaccinated people to travel without restrictions

LONDON, March 14 (Reuters) - British Airways's new boss said vaccinated people should be allowed to travel without restriction and non-vaccinated people with a negative COVID-19 test, as he set…

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10

Mar

Top 3 Travel Group announces – FCM unveils bold new brand identity and signals game-changing tech offering

A rapidly evolving business travel landscape has been the catalyst for award-winning global travel management company FCM to transform its brand identity and take a fresh approach to developing a…

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Germany’s Bosch to open automotive chip factory in June

German technology group Bosch said on Monday it would open an automotive chip factory in Dresden in June to build on its leadership in sensor chips that will boost the…

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Exclusive: Telecom Italia eyes up to 1,300 redundancies in Italy this year – sources

MILAN, March 8 (Reuters) - Telecom Italia (TIM) and unions agreed on Monday to cut up to 1,300 jobs in Italy this year through a voluntary scheme, two union sources said, as…

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UPDATED: Marks & Spencer to expand online reach

British retailer Marks & Spencer has launched 46 websites in new markets, expanding its online reach to over 100 countries, it said on Monday. The group said the expansion into…

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British insurer Aviva exits Italy

British insurer Aviva posted flat operating profit for 2020 and sold its remaining businesses in Italy, it said on Thursday, as it tries to focus on its key markets of…

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Etihad Airways posts $1.7 bln loss in 2020

Abu Dhabi-based Etihad Airways posted on Thursday a core operating loss of $1.7 billion for 2020, more than double the year before due to lower demand and reduced service in…

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Schwarzkopf maker Henkel expects sales recovery as salons reopen

German consumer goods company Henkel said on Thursday it expects sales to rebound this year as hair salons reopen, although demand for detergent and home care products, boosted by the…

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Lufthansa weighs faster plane retirements after record loss

Lufthansa may permanently ground more jets to emerge leaner from the coronavirus pandemic, the German airline group said on Thursday, as it reported a record 6.7 billion euro ($8.10 billion)…

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Zoom Video Meeting application down for more than a thousand users – Downdetector

March 3 (Reuters) - Zoom Video Communications Inc's video-conferencing platform was down for more than a thousand users on Wednesday, according to outage tracking website Downtector.com. Downdetector showed there were…

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UPDATED: Ryanair sees 60-70% of normal traffic this summer

Ryanair hopes to fly up to 70% of 2019 passenger numbers this summer, thanks to COVID-19 vaccines and more coronavirus testing, provided travellers who have been vaccinated or had negative…

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Piaggio, KTM, Honda and Yamaha to create swappable batteries consortium

Italian scooter maker Piaggio said on Monday it signed a letter of intent with KTM AG, Honda Motor Co. and Yamaha Motor Co. to set up a consortium for swappable…

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Eurofins launches prescription-free COVID-19 test, eyes further growth

Eurofins Scientific announced on Monday the launch of a prescription-free at-home COVID-19 PCR test, as the French laboratories and diagnostics company eyed further growth. The group, which has launched an…

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EU states back plan to expose corporate tax avoidance schemes

The EU has moved to force multinational companies to publish a breakdown of the tax they pay in each of the bloc’s member states and in tax havens. Country-by-country reporting…

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DHL Express and SmartLynx Malta partner to break new ground in cargo transportation

DHL Express and SmartLynx Malta announced the signing of a new partnership agreement for the introduction of two newly converted Airbus A321-200 freighters joining DHL's European air fleet. The new…

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UK to create visa for workers in fast-growing firms

LONDON, Feb 26 (Reuters) - Britain will create a new category of visa to allow certain fast-growing businesses to hire high-skilled migrants with fewer checks than under current procedures, finance…

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Monte dei Paschi working to cut legal risks as EU weighs bank’s viability

Italy's Monte dei Paschi (MPS) said it was working to reduce its legal risks while the European Union assessed the state-owned bank's ability to stay in business before unlocking more…

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Pandemic-hit Norwegian Cruise forecasts loss until sailings resume

Norwegian Cruise Line Holdings Ltd said it expects to post a net loss until sailings resume, even as the cruise operator forecast strong bookings for next year after what was…

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Pandemic pushes BA-owner IAG to a 4.4 bln euro loss in 2020

British Airways-owner IAG posted a loss of 4.37 billion euros ($5.31 billion) for 2020 after a year of minimal flying and burning through cash, and it warned on Friday it…

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Toyota develops fuel cell system to cut carbon footprint

Toyota Motor Corp said on Friday it has developed a packaged fuel cell system module, as it hopes to expand its usage and accessibility of the zero-emission technology amid the…

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Aston Martin expects better 2021 sales after deep losses

Carmaker Aston Martin said a turnaround plan would see it takes the first steps towards profitability and boost sales this year after a deep loss in 2020 when the firm…

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UK’s Primark owner warns of 1.1 bln pound lockdown hit to sales

Associated British Foods warned on Thursday it expected to lose sales worth 1.1 billion pounds ($1.6 billion) from the lockdown of its stores at fast-fashion chain Primark in the first…

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Munich Re net profit down 55% in 2020 amid pandemic

German reinsurance group Munich Re said on Thursday that net profit declined 55% in 2020 as it battled with fallout related to the coronavirus pandemic. Net profit of 1.211 billion…

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Apple buys a company every three to four weeks

Apple has acquired about 100 companies over the last six years, the company’s chief executive Tim Cook has revealed. That works out at a company every three to four weeks,…

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Britain’s Heathrow sinks to $2.8 bln loss during pandemic

Britain's Heathrow Airport plunged to a 2 billion pound ($2.8 billion) annual loss after passenger numbers collapsed to levels last seen in the 1970s during the pandemic. Heathrow called on…

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BBVA may cut 3,000 jobs in Spain

Spain's BBVA is considering cutting around 3,000 jobs in its home market, or around 10% of its staff there, to adapt to the rise in online banking, newspaper Expansion reported…

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Microsoft teams up with EU publishers amid Facebook’s Australian spat

Microsoft and European media groups this week urged EU regulators to require online platforms to seek arbitration in disagreements over how to share revenues with news publishers, a sticking point…

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Goodyear to buy Cooper Tire for $2.8 billion

Goodyear Tire & Rubber Co said on Monday it would acquire Cooper Tire & Rubber Company for about $2.8 billion to double its presence in North America and China. Goodyear…

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22

Feb

Dutch airline KLM to launch package holiday brand

Dutch airline KLM is set to launch its own holiday package deal brand in the Netherlands, as it aims to benefit from a revival of tourism once countries overcome the…

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Tunisair CEO fired after dispute with union

Tunisia's prime minister on Monday fired Olfa Hamdi, the CEO of national carrier Tunisair, the government said, amid a deep financial crisis in the company. Hamdi's dismissal comes after a…

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UPDATED: HSBC reshuffles senior management roles

HSBC is set to withdraw from U.S. retail banking, a source familiar with the matter told Reuters on Monday, as Europe's biggest bank seeks to dispose of a business that…

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Uber drivers ruling: How thousands working in the gig economy could benefit

It’s been a long old journey for former Uber drivers James Farrar and Yasseen Aslam. But after a five year legal battle, the pair arrived at their chosen destination –…

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Commerzbank to lose 1.7 mln clients by 2024

Commerzbank expects to lose 1.7 million customers by 2024 as part of its current restructuring, resulting in a 300 million euro ($364 million) hit to revenue, weekly Welt am Sonntag…

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Airbus CEO urges trade war ceasefire, easing of COVID travel bans

PARIS, Feb 20 (Reuters) - The head of European planemaker Airbus called on Saturday for a "ceasefire" in a transatlantic trade war over aircraft subsidies, saying tit-for-tat tariffs on planes…

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Bitcoin hits $1 trillion market cap, surges to fresh all-time peak

NEW YORK/LONDON, Feb 19 (Reuters) - Bitcoin hit a market capitalization of $1 trillion as it rose to yet another record high on Friday, countering analyst warnings that it is…

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UK insurers estimate to pay up to 2.5 bln pounds for coronavirus claims

Feb 20 (Reuters) - The Association of British Insurers (ABI) said on Saturday insurers are likely to pay up to 2.5 billion pounds ($3.50 billion) for UK's COVID-19 insurance claims…

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Google fires second AI ethics leader as dispute over research, diversity grows

Feb 19 (Reuters) - Alphabet Inc's Google fired staff scientist Margaret Mitchell on Friday, they both said, a move that fanned company divisions on academic freedom and diversity that were…

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Italy’s Eni beats expectations after ‘year like no other’

Italian energy group Eni's fortunes improved in the final quarter of the year on firmer oil prices after "a year like no other" sent full-year profit tumbling. Adjusted net profit…

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Renault flags difficult year after record $9.7 bln loss

Renault Chief Executive Luca de Meo warned of lingering headwinds in 2021 as a shortage of electronic chips added to uncertainties, after the COVID-19 pandemic dragged the French carmaker to…

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Marriott says group bookings pace is down 57% in 2021 after full-year loss

Marriott said on Thursday the pace of its group bookings was down 57% in 2021 from end of 2019, after a pandemic-driven collapse in travel pushed the hotel chain to…

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Malta – Dragonara Casino Clarifies Casino Concessions Have 10-Year Terms

Following the issue of a Request for Proposals (RFP) for a concession to open and operate a casino in Malta, Dragonara clarified the fact that casino concessions in Malta have…

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Baci Perugina launches chocolate-flavored spread

As part of the preparations for the celebrations in 2022 for the 100th anniversary of the birth of the Baci Perugina chocolates, Swiss group Nestlé has launched a Baci Perugina…

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NatWest to exit Ireland

NatWest said it would wind down its Irish arm Ulster Bank, as Chief Executive Alison Rose continues to slash away at underperforming parts of the state-owned lender after it swung…

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Uber drivers entitled to worker rights, UK’s top court rules

A group of drivers are entitled to worker rights such as the minimum wage at Uber, Britain's Supreme Court decided on Friday in a blow to the ride-hailing service that…

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WhatsApp to move ahead with privacy update despite backlash

Facebook Inc's WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at "their own pace" and will also…

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Mediaset secures rights for 121 Champions League matches per season to 2024

MILAN, Feb 18 (Reuters) - Italy's top commercial broadcaster Mediaset has won non-exclusive rights to broadcast 121 Champions League soccer matches per season in the three years to 2024, the…

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Airbus sees stable aircraft deliveries after 2020 loss

European planemaker Airbus restored business targets after generating cash in the fourth quarter, but withheld a dividend as it posted a pandemic-driven loss for 2020. Airbus, which has overtaken U.S.…

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Nestle outshines peers thanks to pet food, health products

Nestle is aiming to boost organic sales growth towards 4% this year, the food giant said on Thursday, after strong demand for pet food and health products in the Americas…

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Barclays says to keep significant presence in London’s Canary Wharf

Barclays Chief Executive Jes Staley says the bank has no current plans to make "a major real estate move". Staley said in April last year that the pandemic could make…

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Hilton posts surprise loss as surging COVID-19 cases hurt bookings

Hilton Worldwide Holdings Inc posted a surprise quarterly loss as bookings took a hit from a resurgence in COVID-19 cases and renewed travel curbs, sending shares of the U.S. hotel…

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Retailer Carrefour confident for future

Europe's largest retailer Carrefour on Thursday announced further cost cutting and cash flow targets after achieving a goal of 3 billion euros ($3.6 billion) in savings by 2020, sending its…

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Air France-KLM sees bigger losses before recovery

Renewed COVID-19 lockdowns are pushing Air France-KLM deeper into the red, the airline group warned on Thursday, as it chalked up a 7.1 billion euro ($8.5 billion) net loss for…

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Danish supermarket to help small, shuttered businesses survive lockdown

COPENHAGEN, Feb 17 (Reuters) - Danish supermarket cooperative Kvickly has pledged to set aside some of its extra proceeds made while smaller retailers were shut down by coronavirus restrictions and…

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