Recent Posts

Kellogg to split into three firms to promote growth

Bloomberg Kellogg Co said it will split into three independent companies, sparking a rally in the food conglomerate’s shares. The maker of Froot Loops and other well-known breakfast cereals said the companies would focus on global snacking, North American cereals and plant-based foods — giving each greater autonomy and room for growth. The breakup will occur through two tax-free spinoffs, ...

Read More »

CEO says Cebu Air to return to pre-Covid staff size in ’23

  Bloomberg Philippine carrier Cebu Air Inc expects to bring back its workforce size to before the Covid-19 pandemic by early next year, President and CEO Lance Gokongwei said. Workers who were laid off due to the pandemic are being prioritised for rehiring, Gokongwei told reporters. There’s enough supply of pilots and cabin crew in the Philippines, unlike in other ...

Read More »

EasyJet Spain cabin crews call nine days of strikes for July

Bloomberg EasyJet Plc’s Spain-based cabin crews are planning nine days of strikes in July, potentially piling on the pain for holidaymakers as European airports grapple with labor protests and shortages. Walkouts are planned for July 1-3, 15-17 and 29-31 with as many as 450 staff at Barcelona, Malaga and Palma de Mallorca airports set to take part in the stoppages, ...

Read More »
Send this to a friend