Transport & Logistics

Microsoft and SpaceX Form Orbital Internet Alliance

October 20, 2020
In addition to announcing the partnership, Microsoft also unveiled its Azure cloud computing service for space companies.
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Virgin Australia Union Ends Talks Amid Reports of CEO’s Departure

October 14, 2020
The Transport Workers Union has expressed worry that new owners Bain Capital will cut more jobs and ignore old promises.
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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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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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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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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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Uber Receives 18-Month London Licence

September 28, 2020
Though it will remain closely monitored, the multinational taxi giant will be allowed to continue operations in one of its largest markets.
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Qantas CEO’s Pay Falls 83% During Coronavirus Pandemic

September 18, 2020
Alan Joyce fell from the ranks of Australia’s highest-paid business leaders by refusing his salary and share incentives.
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Qantas “Flight to Nowhere” Sells Out in 10 Minutes

September 17, 2020
The Australian airline’s unique lockdown-friendly travel opportunity was an immediate hit with customers.
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Rolls-Royce Posts Record £5.4 Billion Loss

August 27, 2020
The UK-based engine maker has been hampered by the global downturn in air travel and is now scaling back its operations.
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Leaders of the 2008 Recession Show How to Thrive in 2020

August 25, 2020
S&P Global 1200 companies that flourished in the 2008 financial crisis provide a playbook for CEOs to succeed during the COVID-19 pandemic.
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Japanese Officials Sought Nissan-Honda Merger

August 17, 2020
The Japanese government floated the idea of creating a new national car manufacturing champion, reports claim.
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