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Air France-KLM Group seeks more conciliatory approach to revamp

  Bloomberg Air France-KLM Group will jettison a hard-line stance on cost cutting that antagonized employees and unions under its former chief executive officer in favour of a more conciliatory approach to be called “Trust Together,” according to a person familiar with the plan. Jean-Marc Janaillac, who succeeded Alexandre de Juniac as CEO in July, will unveil the program in ...

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Britain’s May faces obstacles to post-EU trade goals

AFP New British leader Theresa May sought to start shaping her country’s post-EU access to world markets on Monday, but faced a Japanese warning over the fallout from Brexit and the US saying it was not its first priority. In the wake of its vote to leave the European Union, Britain must renegotiate its access to world markets, an issue ...

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Record jump in UK services sector

  AFP Activity in Britain’s crucial services sector recorded a record jump in August, rebounding strongly from a slump immediately following the country’s vote to exit the EU, a survey showed on Monday. The latest Purchasing Managers’ Index data mirrors a strong recovery for the manufacturing PMI month-on-month, indicating that Britain is likely to avoid a recession following the outcome ...

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