Aegean Airlines wins EU approval to buy Olympic Air
BRUSSELS (Reuters) – Greece’s Aegean Airlines has won European Union approval to buy loss-making rival Olympic Air at the second attempt, after a new antitrust investigation found Olympic would close down if the deal was blocked.
Norwegian Air to hand second Dreamliner to Boeing for checks
OSLO (Reuters) – Budget airline Norwegian Air Shuttle aims to bring its grounded Dreamliner back into service late next week and will hand its second one to Boeing for checks as a precautionary measure, a spokeswoman said.
Norwegian Air to hand second Dreamliner to Boeing for checks
OSLO (Reuters) – Budget airline Norwegian Air Shuttle aims to bring its grounded Dreamliner back into service late next week and will hand its second one to Boeing for checks as a precautionary measure, a spokeswoman said.
U.S. budget standoff no savior for gold
LONDON/NEW YORK (Reuters) – Investors looking for a surge in gold prices as the U.S. government shutdown rumbles on and the deadline for raising the debt ceiling approaches are likely to be disappointed.
U.S. budget standoff no savior for gold
LONDON/NEW YORK (Reuters) – Investors looking for a surge in gold prices as the U.S. government shutdown rumbles on and the deadline for raising the debt ceiling approaches are likely to be disappointed.
Wal-Mart and Bharti Enterprises call off India JV
MUMBAI (Reuters) – Wal-Mart Stores Inc and Bharti Enterprises are breaking up their Indian joint venture, leaving the world’s biggest retailer to go it alone in a country where it has struggled to build a bigger presence.
Alcatel plan won’t be accepted if no union deal: French PM
PARIS (Reuters) – Telecoms equipment maker Alcatel-Lucent must negotiate a good deal with unions that saves as many jobs as possible or face the risk that its restructuring will not be rubber-stamped, French Prime Minister Jean-Marc Ayrault said on Wed…
New CEO cuts Chesapeake Energy’s lifestyle largesse
HOUSTON (Reuters) – The chaplains and company gardener are gone now, along with a weatherman who made more than a quarter million dollars a year, as Chesapeake Energy Corp CEO Doug Lawler chops away at the high costs left behind by his free-spending pr…
U.S. apparel retailer Jos. A. Bank approaches Men’s Wearhouse about tie-up: WSJ
(Reuters) – Jos. A. Bank Clothiers Inc has approached fellow U.S. apparel retailer Men’s Wearhouse Inc about a potential tie up, the Wall Street Journal reported citing people familiar with the matter.
Indian IT outsourcers want a bigger byte out of Europe
BANGALORE (Reuters) – India’s IT outsourcers, long bit players in continental Europe, are looking to win over more people like Hans-Petter Aanby.