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Fleet of Porsches seized as part of investigation into Jet Airways investor

BLOOMBERG A Liechtenstein court order has exposed a trove of luxury cars and watches among the items seized by prosecutors investigating allegations of fraud linked to one of the investors aiming to revive India’s Jet Airways. The supreme court in Liechtenstein rejected an appeal to unfreeze the assets that include seven Porsche cars, five Rolex “boxes” and a classic car ...

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Amazon planning to hire 250,000 logistics workers for holidays, boost hourly wages

BLOOMBERG Amazon.com Inc plans to hire 250,000 logistics workers, suggesting the online retailer is bullish about what’s otherwise expected to be a humdrum holiday shopping season. The recruits will include full-time, part-time and seasonal workers at hourly rates ranging from $17 to $28 per hour depending on location, the company said in a blog post. Some new hires will be ...

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Discount Airlines slam UK air-traffic control for disruption

BLOOMBERG The heads of the two biggest discount carriers in the UK are calling for a change of leadership at the country’s air traffic management provider after repeated disruption during the busy summer travel season. Ryanair Holdings Plc’s outspoken Chief Executive Officer Michael O’Leary called for NATS CEO Martin Rolfe’s resignation after a staffing shortage at London’s Gatwick Airport led ...

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