Around 24per cent of Southwest Airlines pilots and around 33per cent of flight attendants have agreed so far to early retirement or long-term leaves of absence, a person familiar with the matter the said, while noting that there is still a period of time for employees to rescind their...
Delta Air Lines and Southwest Airlines have each received strong demand from pilots for early departure packages aimed at slimming their workforces to weather the coronavirus pandemic, according to preliminary numbers.
Around 24per cent of Southwest Airlines pilots and around 33per cent of flight attendants have agreed so far to early retirement or long-term leaves of absence, a person familiar with the matter the said, while noting that there is still a period of time for employees to rescind their...
Russia's Sberbank may be allowed to write off 150 billion roubles (US$2 billion) in a subordinated loan from the central bank as part of the state's support for its biggest bank during the COVID-19 crisis.
Whole Foods Market Inc was sued on Monday by employees who accused the upscale grocery retailer of disciplining and retaliating against workers who wear "Black Lives Matter" face masks on the job, including one who said she was fired.
As more school districts roll back their reopening plans to curb the spread of coronavirus, major retailers in the United States, EU and UK are aggressively discounting back-to-school backpacks and uniforms and airing new advertisements featuring students happily taking classes at home.
Norway's Adevinta has won the auction to buy U.S. e-commerce firm eBay's classified ads unit for nearly US$9 billion, a source familiar with the matter told Reuters on Monday.
China is considering retaliating against telecom gear makers Nokia and Ericsson if the European Union follows the United States and Britain in banning Huawei Technologies from 5G networks, the Wall Street Journal reported, citing people familiar with the matter.
Norway's Adevinta has won the auction to buy U.S. e-commerce firm eBay's classified ads unit for nearly US$9 billion, a source familiar with the matter told Reuters on Monday.
Walmart , the world's biggest retailer, has restarted talks with potential buyers of a stake in its British supermarket arm Asda, a Walmart spokesman said on Monday.
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