Lufthansa to cancel 34,000 flights in summer schedule – WirtschaftsWoche
Lufthansa plans to cancel 34,000 flights in the summer half-year, German business weekly WirtschaftsWoche said on Thursday, adding the number could increase as cancellations at its
BP to buy TravelCenters for $1.3 bln in U.S. fuel retail drive
BP (BPL) will buy truck fueling provider Travel Centers of America Inc for about $1.3 billion, the companies said on Thursday, as the British energy giant seeks to
Tesla sold out Model Y in U.S. for this quarter – Electrek
Electric vehicle maker Tesla Inc (TESLA) has sold out its Model Y for this quarter in the United States, with no more production builds until April, Electrek reported on
E-Transaction Platforms Could Help Protect Asia’s Banks from Nonperforming Loans
Persistent, high levels of nonperforming loans could undermine bank lending and economic recovery in Asia’s developing countries. The global economy is facing growing headwinds amid
International policy coordination during disinflation
Countries’ monetary policies have addressed the current inflation crisis with a strict national focus. As global spillovers from these policies are significant and create the
Domestic and foreign-owned multinationals in the US economy: Insights from newly linked data
US domestic-owned multinational enterprises may impact firms and workers differently from foreign-owned ones. Assessing these potential differences requires detailed information on firm ownership and operations.
UK firms plan biggest pay rises since 2012 to fill staff gaps
British employers expect to raise wages for their staff by the most in at least 11 years but the 5% pay deals for workers would
Britain welcomes Air India deal with Airbus and Rolls-Royce
Prime Minister Rishi Sunak welcomed a mega deal by Air India to buy 250 jets from Airbus , saying it would create jobs and boost exports from
Louis Vuitton expected to raise prices as much as 20% in China
LVMH’s top fashion brand Louis Vuitton is expected to increase prices in China by as much as 20%, as luxury labels bank on a strong rebound
London’s FTSE 100 pares gains as U.S. CPI fans rate hike fears
Britain’s FTSE 100 closed marginally higher on Tuesday, paring early gains as mixed U.S inflation data did little to soothe concerns about further Fed tightening,
