SAS grounds more flights as pilot strike continues
Scandinavian airline SAS canceled hundreds of flights scheduled for Sunday as a pilot strike entered its second day, disrupting the travel plans of tens of thousands of passengers.
China puts gentler face on Belt and Road, hits back at critics
China sought to put a gentler face on its massive plan to recreate the old Silk Road at a summit that ended on Saturday, saying it must do more to explain the program and boost sustainability even as state media hit back at critics.
China’s Xi touts more than $64 billion in Belt and Road deals
President Xi Jinping on Saturday hailed deals worth more than $64 billion signed during China’s Belt and Road Initiative (BRI) this week as he sought to reassure skeptics the project will deliver sustainable growth for all involved.
SAS pilot strike grounds more flights across Scandinavia
Scandinavian airline SAS canceled hundreds of flights scheduled for Sunday as a pilot strike entered its second day, disrupting the travel plans of tens of thousands of passengers.
Renault to propose joint holding company with Nissan: source
Renault will propose a plan to create a joint holding company that would give the French carmaker and Japanese partner Nissan equal footing, a person with knowledge of the issue told Reuters.
Europe wants to deal with China as a group: German minister
Major European Union countries want to deal with China as a group rather than sign bilateral agreements as individual states, German Economy Minister Peter Altmaier said on Friday, attending a summit in Beijing on China’s Belt and Road plan.
Brazil’s Petrobras details refinery, other asset sale plans
Brazil’s state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business.
Tesla’s Musk agrees to new vetting rules for tweets in SEC deal
Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over his use of Twitter, agreeing to submit his public statements about the company’s finances and other topics to vetting by it…
Bayer says non-executive directors back management board
Bayer said on Saturday its non-executive supervisory board unanimously expressed its confidence in the board of management, which was given a vote of disapproval from shareholders at Friday’s annual general meeting.
Toyota abandons plan to install U.S connected vehicle tech by 2021
Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications technology on U.S. vehicles aimed at letting cars and trucks communicate with one another to avoid collisions.