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British Airways Replaces CEO Amid Industry’s “Worst Crisis”
October 12, 2020
In the grip of a costly restructuring, the UK’s flag carrier airline has decided to replace its CEO with immediate effect.
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Microsoft to Allow 150,000 Employees to Work From Home
October 9, 2020
New guidelines will allow employees to work remotely even after COVID-19 restrictions are lifted.
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World Trade Organisation to Appoint First Female Head
October 8, 2020
The WTO’s final two candidates for leadership are Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee.
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EasyJet Poised to Make First Annual Loss in Its History
October 8, 2020
The airline, which has operated for 25 years, approaches a definitive loss for 2020 as travel restrictions are tightened.
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World Billionaire Wealth Reaches Record $10 Trillion
October 7, 2020
The opportunities and stimulus measures resulting from the COVID-19 pandemic has drastically enriched the world’s wealthiest.
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Ikea Plans Physical Expansion Even as Customers Move Online
October 7, 2020
The furniture giant’s new CEO plans to open a record number of new stores, but with a different format from before.
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Co-Operative Bank CEO Resigns, Prompting Leadership Search
October 6, 2020
The departure of Andrew Bester after two years has sparked a search for the bank’s sixth chief executive in under a decade.
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Rolls-Royce’s Stock Dive Eases
October 5, 2020
Struck hard by the COVID-19 pandemic, Rolls-Royce’s bid to make up for losses in the first half of the year sent its stock into freefall.
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Billionaire Brothers Acquire Asda for £6.8 Billion
October 2, 2020
The EG Group founders’ deal with Walmart brings the supermarket giant back under British ownership.
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Tesla CEO Elon Musk Hints at India Entry for 2021
October 2, 2020
Musk’s comments online indicated that Tesla will expand into India “next year for sure”.
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Rolls-Royce Aims to Raise £5 Billion to Address Losses
October 1, 2020
Shares in the renowned engine maker fell to a 17-year low following its announcement of a rights issue.
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Amazon Reveals Palm-Scanning Retail Technology
September 30, 2020
Amazon hopes to licence the new biometric technology to third parties to transform business transactions.
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