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Lufthansa clips 900 flights as pilots’ strike drags on

  AFP / Bloomberg German heavyweight airline Lufthansa cancelled a further 890 flights on Wednesday as pilots remained on strike in a long-running wage dispute. Lufthansa said some 98,000 passengers were grounded by the walkout, which flight crew extended to long-haul flights after Tuesday’s action affected only short-haul services. The airline has sought to limit the impact of the strike ...

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Disney cuts off Chinese toy factory over alleged labour violations

  Bloomberg Walt Disney Co. ceased doing business with one Chinese toymaker and put another on notice following reports of labor violations. Disney, the world’s largest entertainment company, said in a memo posted on its website that it would no longer allow the Dongguan Qing Xi Juantiway Plastic Factory to make products featuring the company’s characters. The violations had been ...

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Swiss Watchmaker Breitling weighs sale

  Bloomberg Breitling, the Swiss watchmaker known for aviation-themed timepieces worn by actor John Travolta, is weighing a sale, according to people familiar with the matter. The process is still in the early stages, said the people, who asked not to be identified as the deliberations are private. The most likely suitors are luxury-goods companies rather than private equity firms, ...

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