Category: Business

The head of Qatar Airways on Monday said an “epidemic” of home working has contributed to staff shortages that are being widely blamed for travel disruption in Europe this summer. The aviation sector is struggling to secure staff needed to Read more

Scandinavian airline SAS (SAS.ST) has reached a labour deal with unions representing striking pilots, Danish broadcasters TV2 and DR reported on Monday, citing undisclosed sources.

S&P 500 (.SPX) chief executives made $18.3 million on average in 2021, 324 times the pay of their median workers and higher than the ratio in 2020, the top American labor union federation reported on Monday. Corporate leaders’ raises far Read more

European airplane manufacturer Airbus (AIR.PA) and more than a half dozen airlines said on Monday they had signed letters of intent to discuss buying carbon removal credits to offset the emissions from air travel. Airbus joined by Air Canada (AC.TO), Read more

Volkswagen-owned Porsche expects revenue of 38 billion to 39 billion euros ($38.63 billion to $39.64 billion) in 2022 from 33.1 billion in 2021, the sportscar maker said on Monday, despite registering a 5% drop in deliveries in the first half Read more

Uber Technologies Inc (UBER.N) will pay more than $2 million and waive wait time fees for disabled passengers to settle U.S. allegations that the ride share company had violated the Americans with Disabilities Act, the Department of Justice said on Read more

Despite higher prices, people continued to spend on Nerf blasters, Power Rangers action figures and Magic the Gathering cards, helping Hasbro overcome rising costs for materials and freight, the company said on Tuesday. Hasbro said its revenue for the second Read more