EU regulators to decide on $50 billion Fiat Chrysler, Peugeot deal by June 17
EU antitrust regulators will decide by June 17 whether to clear Fiat Chrysler and Peugeot maker PSA ‘s $50 billion merger, according to a European Commission filing on Monday.
BA-owner IAG not in a position where it needs UK bailout: CEO
British Airways-owner IAG is not in a position where it has to ask for a specific bailout from the government to see it through the coronavirus pandemic, its chief executive said on Monday.
LafargeHolcim to keep Philippines business after San Miguel deal collapses
LafargeHolcim has decided to keep its $2.15 billion Philippines business after a deal to sell the operation collapsed, the world’s biggest cement maker said on Monday.
Britain’s embattled aviation industry demands alternative to quarantine
Britain’s aviation industry called on the government to find an alternative to quarantine plans for international arrivals, or risk seeing airlines and airports being dealt a fatal blow from the coronavirus pandemic.
BA-owner will review resumption of flying if British quarantine introduced
British Airways owner IAG will have to review its plans to resume flying in July if Britain introduces quarantine measures for international arrivals, its chief executive said on Monday.
Stocks climb as investors cling to lockdown loosenings
European shares climbed on Monday as investors clung to signs that more countries were restarting their economies and looked past reports of a pick-up in new coronavirus cases.
Halfords shares soar after Britons told cycle to work as lockdown eases
Shares in British bicycles and car parts retailer Halfords soared as much as 26% on Monday, boosted by the government’s announcement that people should consider cycling to work as the coronavirus lockdown is eased.
KLM passengers must bring their own face masks on all flights
Passengers on all flights of KLM, the Dutch subsidiary of Air France KLM, must wear face masks during travel starting on Monday, the airline said in a statement.
Exclusive: Wuhan, recovering from virus, weighs policies to help hometown automaker Dongfeng
China’s Wuhan city is considering steps to support its biggest local automaker Dongfeng Motor Corp, according to a draft policy document reviewed by Reuters, as the epicentre of China’s novel coronavirus outbreak tries to revive its economy.
Halfords shares soar after Britons told cycle to work when lockdown eases
Shares in British bicycles and car parts retailer Halfords soared as much as 24% on Monday, boosted by the government’s announcement that people should consider cycling to work when the coronavirus lockdown is eased.
