Airbus, Boeing delay delivering some jets: Air France-KLM CEO
Planemakers Airbus and Boeing have asked Air France to delay taking some wide-body jets after a slowdown in manufacturing caused by the coronavirus crisis, the head...
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Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Air France-KLM loss gives first taste of coronavirus impact
Two weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday...
Air France job cuts set to test CEO Smith's consensual style
Air France-KLM is opening talks with its French unions on workforce cuts, Chief Executive Ben Smith told Reuters, as the airline group warned of mounting losses...
Spain's Telefonica to merge British unit O2 with Virgin Media
Liberty Global has agreed to merge its Virgin Media cable company with the O2 mobile business owned by Spain's Telefonica to create a major new force...
Samsung heir's apology fans skepticism as watchdog panel meets
Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of Lee family control sparked skepticism on...
Air France job cuts to test CEO Smith's consensual style
Air France-KLM is opening talks with its French unions on workforce cuts, Chief Executive Ben Smith told Reuters, as the airline group warned of mounting losses...
JetBlue Airways posts quarterly loss and revises Airbus order book
JetBlue Airways Corp on Thursday posted a $268 million quarterly loss due to the impact of the coronavirus pandemic on air travel and said it had...
U.S. and Europe spar over next stage of aircraft subsidy dispute
The United States said there was "no valid basis" for the European Union to retaliate against U.S. goods in a long-running subsidy row after Boeing lost...
Apple awards $10 million to nasal swab maker COPAN Diagnostics to help boost factory output
Apple Inc said on Thursday that it was awarding $10 million to a maker of nasal swabs and other materials for collecting samples for Covid-19 tests...
China trade data lifts futures ahead of jobless claims
U.S. stock index futures jumped on Thursday as a surprise rise in Chinese exports spurred hopes of a faster economic recovery, even as investors braced for...
IAG CEO says would like group to continue to have presence at Gatwick
The chief executive of British Airways-owner IAG Willie Walsh said on Thursday that his personal was that the airline group should continue to have a presence...
Global luxury gloom to deepen despite easing lockdowns: Bain
Global sales of luxury goods are expected to slump by 50% to 60% in the second quarter even as some countries begin to ease coronavirus lockdowns...
Britain's Next plans first beauty shops in former Debenhams stores
British clothing retailer Next said on Thursday it plans to open its first standalone beauty shops by taking space in five former Debenhams stores, seeking to...
H&M's sales tumble, stockpiles grow in March to May
H&M , the world's second-biggest fashion retailer, said local currency sales had tumbled 57% since the start of March compared with a year ago as the...
Payments giant Fiserv names Bisignano to succeed Yabuki as CEO
Payments giant Fiserv Inc said Thursday that Frank Bisignano would become the company's chief executive on July 1, with long-time head Jeffery Yabuki remaining on as...