Thursday, April 2, 2020
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Airlines seek cost cuts and aid to survive coronavirus

LONDON/OSLO (Reuters) - British Airways warned of job losses and Norwegian Air said it had "weeks not months" to avert collapse, as airlines look...

United to scale back flights to Europe after March 19

CHICAGO (Reuters) - United Airlines Holdings Inc () said on Thursday it will continue to fly its regular schedule from Europe to...

Exclusive: France to allow some Huawei gear in its 5G network...

PARIS (Reuters) - France will authorize the use of some of Huawei's equipment in the rollout of its 5G network, two sources close to...

Global airlines call for government aid and United warns of cuts...

CHICAGO/PARIS (Reuters) - Airlines on Thursday appealed for urgent government financial support as U.S. carriers rushed to cut flights to Europe in the wake...

OAG says United, Delta, Lufthansa to bear brunt of U.S. travel...

PARIS (Reuters) - U.S. travel restrictions on passengers arriving from Europe's border-free Schengen area will affect passengers arriving on 6,747 flights over the next...

Carlsberg forecasts 10% profit growth for 2019

COPENHAGEN (Reuters) - Danish brewer Carlsberg () revised upwards its annual profit growth outlook on Monday, saying it now expects organic operating...

Philips profit falls 29% on impairment charge

Koninklijke Philips NV said Monday that third-quarter net profit fell 29%, hit by an impairment charge and a lower margin at the company's connected-care...

Brewer Heineken tempers profit hopes as Americas slip

BRUSSELS (Reuters) - Heineken (), the world's second-largest brewer, forecast profit this year would be at the bottom end of its previous guidance after...

Arla’s CFO steps down to take up position at Ahold Delhaize

COPENHAGEN (Reuters) - Arla Foods, one of the world's largest dairy firms, said on Tuesday that Chief Financial Officer Natalie Knight will...

Infosys loses $6.6 billion in market cap after whistleblower complaints

NEW DELHI/BENGALURU (Reuters) - India's No.2 software services exporter, Infosys Ltd (), is probing whistleblower complaints that its top two executives engaged in "unethical...