BLOOMBERG Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings Inc, because of a combination of high price demands from some investors and a weak market for deals, Chief Executive Officer Jitse Groen said. “We’re talking to buyers still, but it’s a very difficult M&A situation currently,” Groen said in an ...

BLOOMBERG London’s Gatwick Airport escaped a strike that was due to take place over the weekend after more workers agreed to an improved pay offer. Ground handlers working for four companies at Gatwick were set to walk off on two successive weekends starting July 28 and August 4 after failed negotiations over pay and working conditions. The Unite union said ...

BLOOMBERG The UK’s Civil Aviation Authority (CAA) has taken enforcement action against Wizz Air Holdings Plc after many passengers complained about the carrier failing to reimburse them for delayed or cancelled flights. The Hungarian-based airline has committed to making policy changes to ensure it is compliant with passenger rights obligations, the CAA said. Customers whose claims were incorrectly rejected by ...

BLOOMBERG Deutsche Lufthansa AG is fighting a landmark ruling that toppled the European Union’s approval for its €6 billion ($6.6 billion) German recapitalisation at the height of the Covid-19 pandemic. Europe’s biggest network carrier said it filed an appeal at the EU Court of Justice against the May 10 judgment by a lower tribunal, which backed claims by Ryanair Holdings ...

BLOOMBERG US aviation regulators announced two new steps to tighten the process of approving airliner designs, actions required by Congress after crashes on Boeing Co 737 Max aircraft killed 346 in 2018 and 2019. The Federal Aviation Administration’s (FAA) policy changes will take effect in 30 days after the public and industry have a chance to comment on them, the ...

DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, highlighted the importance of collective action and collective finance to strengthen sustainable development and called upon G20 countries to fulfil their commitment to providing the pledged financial support for global climate initiatives. Almheiri addressed the G20 Environment and Climate Sustainability Ministerial Meeting in Chennai, India, where ...

AMDJARASS / WAM An Emirati humanitarian delegation, led by the Emirates Red Crescent (ERC), the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation (Zayed CHF) and the Khalifa bin Zayed Al Nahyan Foundation (KF), continued to distributing food parcels to Sudanese refugees and the local community in the city of Amdjarass, Chad, in coordination with the UAE’s Ministry of ...

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and Chairman of the Education and Human Resources Council (EHRC), has emphasised that teachers’ role in achieving positive change is not limited to imparting academic knowledge, but also assists in the formation of solid and balanced personalities, and the development of students’ critical and creative ...

MUSCAT / WAM Dirar Belhoul Al Falasi, Member of the Federal National Council and Executive Director of Watani Al Emarat Foundation, has reviewed the UAE’s experience in artificial intelligence (AI) and the qualitative achievements of the country in this field due to the wise directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. This came while addressing the ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to King Mohammed VI of Morocco on the occasion of the Throne Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...