Recent Posts

Online merchants lead Europe retailers back to Covid-19 lows

  Bloomberg Europe’s retail stocks are heading back towards pandemic lows. And after the profit warning from Asos Plc and the first UK sales decline in Boohoo Group Plc’s history, it’s online merchants that are leading them there. Asos shares sunk as much as 28%, falling to the lowest since August 2010. The warning sent tremors through larger peer Zalando ...

Read More »

Cathay on hiring push as Hong Kong still wrestles with Covid

  Bloomberg Cathay Pacific Airways Ltd is planning to recruit 4,000 staff between now and the end of 2023 to replenish its severely depleted workforce and gear up for an anticipated recovery in air travel as Hong Kong rebuilds itself as an aviation hub, according to Chief Executive Officer Augustus Tang. The hiring spree would still leave Cathay with significantly ...

Read More »

Ryanair to face strike by its Italy employees on June 25

  Bloomberg Ryanair Holdings Plc staff in Italy announced plans to strike on June 25, adding to Europe’s travel headaches as the industry tries to recover from the coronavirus pandemic. Unions representing pilots and flight attendants will strike for 24 hours to press demands for better working conditions, they said. The walkout will also involve staff in Spain, Portugal, France ...

Read More »
Send this to a friend