Recent Posts

Ryanair cancels 82 flights, seeks to clear pending ‘crew vacation’

Bloomberg Ryanair Holdings Plc scrapped 82 flights on Sunday, the start of a six-week programme of cancellations it’s making as it seeks to reduce a backlog of crew vacation required by Irish regulators before the end of the year. “We have messed up in the planning of pilot holidays and we’re working hard to fix that,” Kenny Jacobs, Ryanair’s chief ...

Read More »

Swatch CEO says sales growth to accelerate

Bloomberg Swatch Group AG Chief Executive Officer Nick Hayek forecast sales growth to accelerate through the rest of the year as wholesalers stock up on watches and local demand for timepieces improves in markets from China to Switzerland and France. A stronger euro also should boost profitability at the maker of Omega and Breguet timepieces, Hayek said. “We’ve seen the ...

Read More »

Amazon’s rapid rise put online giant on EU’s tax hit list

Bloomberg Amazon.com Inc. is in the European Union’s cross hairs because its rapid expansion may have been fueled by tax measures that slashed its costs, according to the EU official spearheading a state-aid probe into the online giant. Gert-Jan Koopman, whose department at the European Commission was responsible for slapping Apple Inc. with a $15.6 billion tax repayment order last ...

Read More »
Send this to a friend