EasyJet, Germanwings lose legal fight against EU’s Italian airport ruling
Easyjet and Lufthansa’s Germanwings on Wednesday lost their challenge against an EU ruling ordering Italy to recover illegal state aid granted to airlines serving...
Read MoreAuthor: Reuters
Maersk sees drop in global ship container demand this year
Shipping group A.P. Moller-Maersk warned of a sharp drop in global container volumes due to the coronavirus pandemic, with weaker retail sales and depressed car production dampening...
Read MoreTUI to cut jobs and costs as it prepares for July holiday restart
Travel group TUI will cut 8,000 jobs and look to shed 30% of its costs as it gears up for a July restart to European tourism, the German company said on...
Read MoreFutures rise ahead of Fed Chair Powell’s address
U.S. stock index futures edged higher on Wednesday, a day after Wall Street’s main indexes fell, as investors kept an eye out for Federal Reserve Chairman Jerome Powell’s...
Read MoreFed’s Powell to assess next phase of pandemic economy
Federal Reserve Chair Jerome Powell, having overseen the rapid creation of the central bank’s massive network of pandemic-era programs, turns his attention Wednesday morning to where things stand on the cusp of what may be...
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Starmer expected to announce depart
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