Airbus set for sweeping job cuts after meeting with unions
Airbus SE is poised to make its biggest job cuts ever, as the European planemaker scales back operations to match an unprecedented downturn in demand…
EU’s Hogan sees ‘turbulent’ period ahead on US-EU trade front
European Trade Commissioner Phil Hogan said he expects the transatlantic trade relationship will hit a rough patch that could soon result in higher tariffs on…
Dubai World pays $8.2 billion early to complete debt revamp
Dubai World completed a decade-long debt restructuring ahead of schedule as the emirate prepares to tackle the economic fallout of the coronavirus pandemic.
China halts meat imports from more plants amid virus tumult
China suspended meat imports from more plants as the Asian nation continues to sow confusion in global agriculture markets by suggesting a potential link between…
China’s pork prices are on the rise again
Concerns in China over reemerging outbreaks of a deadly swine disease at a time when pork imports are expected to slide have pushed prices of…
After Brexit, trucks set to need taxman’s permission to move
U.K. companies exporting into the European Union will have to wait for permission from tax authorities before they can move their goods under plans being…
Norwegian scraps $10.6 billion deal for Boeing Max, 787 jets
Norwegian Air Shuttle ASA has notified Boeing Co. that it is terminating purchase agreements for all 97 of its remaining jets on order, citing the…
China imports stuck at India ports show standoff casualties
Imports from China have been piling up at Indian ports pending government clearances, causing concern that a recent border standoff between the two nations could…
UK sets up agriculture panel in blow to US trade deal hopes
The U.K. will set up a new commission to inform its post-Brexit agricultural policy, bowing to pressure from British farmers and potentially complicating trade negotiations…
SAS raising $1.3 billion to fund carrier’s survival strategy
Scandinavian airline SAS AB will raise 12 billion kronor ($1.28 billion) from investors including Sweden and Denmark as it battles to survive a slump in…
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