Corporate Dispatch
Finnair to cancel some 550 flights this week over union strike
COPENHAGEN, Jan 29 (Reuters) - Finnair on Monday said it expects to cancel about 550 flights this week due to labour union…
Toyota halts shipment of some vehicles over certification issues
By Daniel Leussink TOKYO, Jan 29 (Reuters) - Toyota Motor said it would suspend shipments of some models including the Hilux truck…
UK’s John Lewis considers 11,000 job cuts
(Reuters) - John Lewis Partnership, the owner of John Lewis and Waitrose, is considering cutting up to 11,000 staff jobs in the…
Snam CEO says EastMed gas could help if Red Sea turmoil continues
MILAN, (Reuters) - East Mediterranean fields could help to keep Europe supplied with liquefied natural gas (LNG) if disruption of deliveries via…
Aviation sector sees no fast tech solution to GPS interference problem
By Joanna Plucinska LONDON, (Reuters) - Global regulators, aviation security specialists and manufacturers failed to reach an agreement on a quick technical…
Aviation industry needs to refocus, says Wizz Air CEO
By Joanna Plucinska LONDON, Jan 25 (Reuters) - The airline industry will have to put quality at the forefront and refocus in…
World’s largest cruise ship sets sail
NEW YORK, Jan 27 (Reuters) - The world's largest cruise ship is set for its maiden voyage on Saturday, but environmental groups…
Superdry to weigh restructuring including store closures, job cuts
Jan 27 (Reuters) - British fashion retailer Superdry is to explore a radical restructuring that could include substantial numbers of store closures…
Spotify says Apple’s plan to comply with EU regulation ‘farce’
(Reuters) - Spotify said that Apple's new plan to comply with the European Union's Digital Markets Act (DMA) is "a complete and…
Microsoft offers free supercomputing to startups for AI development
“46% of new code is being written by AI, 75% of developers feel more focused and satisfied with their work using AI…
Israel’s El Al says suspending South Africa route in wake of World Court case
JERUSALEM, Jan 26 (Reuters) - El Al Israel Airlines said on Friday it was suspending its route to Johannesburg at the end…
Levi Strauss to cut jobs after projecting bleak 2024 on fragile wholesale business
By Deborah Mary Sophia and Katherine Masters Jan 25 (Reuters) - Levi Strauss & Co forecast annual sales and profit below Wall…