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Microsoft deal a tough target for trustbusters

  The UK is taking on a tough target in challenging Microsoft Corp’s $69 billion acquisition of video-game publisher Activision Blizzard Inc. While US and European regulators have yet to opine on the transaction, competition watchdogs are generally becoming more interventionist — especially in the case of tech giants. This deal offers a possible high-profile scalp. Enter the UK Competition ...

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Air Canada says short-haul future includes electric jets

  Bloomberg The head of Air Canada says the carrier will be able to offer zero-emission electric flights to customers in Canada as soon as 2028. The airline said it will purchase 30 ES-30 electric-hybrid aircraft for an undisclosed amount. The planes, which are being developed by Sweden-based Heart Aerospace AB, are “much more cost efficient” and could help the ...

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Garuda may remove first class seats in domestic bet

  Bloomberg Distressed airline PT Garuda Indonesia may stop selling first class tickets as it focuses on flying local. The state-owned carrier will concentrate on business, premium economy and economy seats because it is more suitable for the market, State Enterprises Minister Erick Thohir said. He reiterated that Garuda will stop most international routes to cut costs, except for a ...

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