Recent Posts

EasyJet appoints board member as COO amid cost-cutting

  Bloomberg EasyJet Plc appointed Christine Browne, a former executive at tour operator TUI AG’s airline division, as chief operating officer amid efforts to reduce costs and ride out turmoil across the European market that’s eating into the discount carrier’s profit. Browne, 56, will leave a non-executive post on EasyJet’s board to take up her new position as of Oct. ...

Read More »

Air France workers on trial over ripping off bosses’ shirts

  AP Fifteen current and former Air France workers went on trial on Tuesday for alleged violence during a union protest last year at the airline’s headquarters that saw two company executives flee over a fence with their shirts ripped off. The incident, caught on camera, was a high-profile example of the often strained relations between French workers and their ...

Read More »

Luxury Closet raises $7.8 million series B financing

  Emirates Business Theluxurycloset.com, the fast growing online marketplace that buys, sells, and consigns personal luxury goods, mostly pre-owned and at a discounted price, announced that it has closed a $7.8 million Series B round of funding. The financing was led by Wamda Capital, a venture capital firm investing in technology-enabled companies in the MENA region, and Middle East Venture ...

Read More »
Send this to a friend