Bloomberg LVMH countersued Tiffany & Co weeks after pulling out of its $16 billion purchase of the iconic New York-based jeweller, saying the decision was driven by the French government’s request to delay the deal’s closing and Tiffany’s mismanagement during the pandemic. The maker of Louis Vuitton bags contends Tiffany’s business was devastated by the coronavirus outbreak and that provides ...

Bloomberg Airbus SE is considering reduced working time in production areas in France over the next two years to help the European planemaker limit job losses prompted by a collapse in global air travel due to Covid-19. The move would help it preserve skills in order to restart single-aisle aircraft production at rates similar to last year between 2023 and ...

Bloomberg ANA Holdings tumbled as much as 8.5% in Tokyo trading on September 28, its biggest intraday drop since April 1, after a report the airline is considering raising $1.9 billion via a public share offering. The Japanese carrier is also planning to cut costs by selling aircraft and disposing of non-core businesses, Nikkei reported, without saying where it got ...