Airbus offers exit bonus in bid to spur buyouts in France
Airbus SE is offering French employees a bonus of two months’ salary if they accept voluntary severance by the end of next month, stepping up…
Nvidia deal threatens Arm’s status as the Switzerland of chips
Nvidia Corp.’s record deal to buy Arm Ltd. will encounter major hurdles from regulators in countries sparring over trade and customers concerned the transaction will…
Cathay job cuts inevitable as headwinds persist, Jefferies says
Cathay Pacific Airways Ltd. will inevitably cut jobs as it reshapes operations to cope with the devastating impact of the coronavirus pandemic, according to Jefferies…
Icahn’s Navistar presses VW to boost bid from $3.6 billion
Navistar International Corp. said a $3.6 billion takeover offer from Volkswagen AG’s heavy-truck business Traton SE significantly undervalues the company, though it wants to engage…
GlobalTranz announces new pop-up fleet solution
Customized solutions protect shippers from marketplace fluctuations while providing stable freight shipping rates, high service levels
Lockdowns halt Europe’s air-travel recovery, threaten jobs
The demise of Europe’s air-travel rebound and a fresh warning on jobs from Airbus SE are adding to evidence that the region’s aviation industry is…
Johnson says bill ‘essential’ for U.K. integrity: Brexit update
Boris Johnson opened the first parliamentary debate on his bill to rewrite part of the Brexit divorce deal, saying the legislation is “essential” for guaranteeing…
Graves & Westerman praise EPA final rule to provide greater regulatory transparency
Committee on Transportation and Infrastructure Ranking Member Sam Graves (R-MO) and Subcommittee on Water Resources and Environment Ranking Member Bruce Westerman (R-AR) today commended U.S…
EU tells Xi that China must show investment deal worthwhile
The European Union stepped up demands on China to open its market further to foreign investors, seeking to keep alive a goal for a far-reaching…
U.S. Airlines report second quarter 2020 losses
U.S. scheduled passenger airlines reported a second-quarter 2020 after-tax net loss of $11.0 billion and a pre-tax operating loss of $16.2 billion.
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