Corporate Dispatch
British Airways staff to receive 13% pay rise – union
LONDON, Aug 4 (Reuters) - Around 24,000 British Airways staff are set to receive a pay rise of 13.1% over 18 months,…
Ryanair would face ‘mass cancellations’ if Dublin airport limits flights
DUBLIN, Aug 4 (Reuters) - Ryanair faces "mass cancellations" at Dublin airport from next month if the airport's operator is forced to…
Revolut to stop crypto services for U.S. customers
LONDON, Aug 4 (Reuters) - British fintech Revolut will stop allowing U.S. customers to access cryptocurrencies, the company said in a statement…
Airbnb forecasts upbeat revenue as international travel rebounds
By Priyamvada C and Doyinsola Oladipo (Reuters) - Airbnb forecast third-quarter revenue above market estimates , but industry fears of softening U.S.…
Barclays explores moving EU headquarters from Dublin to Paris
By Iain Withers LONDON (Reuters) - British bank Barclays is weighing up whether to move its continental Europe headquarters from Dublin to…
Maersk warns of slower demand for container shipping
By Jacob Gronholt-Pedersen COPENHAGEN, Aug 4 (Reuters) - Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand…
Ryanair sets traffic record in July for third straight month
DUBLIN (Reuters) - Ryanair flew a record number of passengers for the third month in a row in July, the low-cost carrier…
Lamborghini could hit 10,000 sales this year, CEO says
By Giulio Piovaccari MILAN, July 31 (Reuters) - Lamborghini could sell 10,000 cars this year for the first time, its CEO said,…
Do rebrands work? Can you trademark an X? An expert answers the burning questions on Musk’s Twitter pivot
To non-moguls, Elon Musk’s (perhaps temporary) rebrand of Twitter to “X” may seem high risk, amateurish, or even capricious. But it is…
Maserati will never enter a price war with competitors, CEO says
By Giulio Piovaccari MILAN, July 28 (Reuters) - Italian carmaker Maserati will never start or get involved in a price war with…
Lufthansa headed for record result in 2023
BERLIN, July 28 (Reuters) - German airline Lufthansa is on course for a record year, even as it has fewer flights than…
Spanish insurer Mapfre’s H1 profit falls 6% on auto woes, Turkey quake
July 28 (Reuters) - Spanish insurer Mapfre reported a 6% drop in its first-half net profit on Friday, citing challenges in the…