Saturday , 7 February 2026

Recent Posts

Airbus begins biggest restructuring with 15,000 jobs to go

Bloomberg Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs as it attempts to steer through the crisis brought on by the coronavirus pandemic. The European planemaker will eliminate more than 10,000 positions across its main bases in Germany and France, part of an 11% reduction in global headcount, according …

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Wizz carries more customers than Ryanair

Bloomberg Wizz Air Holdings Plc, Europe’s third-biggest discount airline, is attracting more passengers than long-time market leader Ryanair Holdings Plc as it races to restart flights following the easing of coronavirus lockdowns. Chief Executive Officer Jozsef Varadi has been building up operations faster than rivals, helped by Wizz’s focus on Eastern Europe, where the pandemic has had less of an …

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European stocks surge with US futures; dollar declines

Bloomberg European stocks rose with US futures on Thursday as hopes for reassuring jobs data later in Washington added to momentum from positive vaccine developments. The dollar slipped. The Stoxx Europe 600 Index extended its initial gains on advances in banks and travel companies. Contracts on the S&P 500 Index also picked up, hours before the June employment report that’s …

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