Bloomberg Air Canada’s proposed takeover of Transat AT Inc has been thrown into doubt after European regulators failed to approve the deal by a February 15 deadline. The companies are still talking about “potential amendments” that can keep the deal alive, Montreal-based Transat said in a statement. However, Air Canada won’t agree to extend the deadline, meaning either company now ...

Bloomberg Amazon.com Inc has failed to comply with workplace safety rules during the pandemic and retaliated against warehouse workers who raised concerns, New York alleged in a lawsuit against the retail giant. “Amazon’s flagrant disregard for health and safety requirements has threatened serious illness and grave harm to the thousands of workers in these facilities and poses a continued substantial ...

Bloomberg Gucci sales fell for a fourth quarter, ending years of expansion as the luxury brand and growth motor of Kering struggled amid renewed lockdowns in Europe. Revenue at the Italian luxury brand dropped 10% on a comparable basis to 2.28 billion euros ($2.76 billion) in the three months through December, Kering said on Wednesday. Analysts had expected a 7.2% ...