Business - Page 4

Eurozone inflation rises less than expected, more in Germany
Eurozone inflation rises less than expected, more in Germany

Eurozone inflation rises less than expected, more in Germany

Inflation across the Eurozone continued to rise in November, but less than expected. Germany, however, was among those countries which bucked the trend. Inflation in the European Union’s single currency area has increased for
3 days ago
US: Union slams Boeing's 'best and final offer'
US: Union slams Boeing's 'best and final offer'

US: Union slams Boeing’s ‘best and final offer’

The plane-maker said it made a “best and final offer” to striking workers, including bigger raises and bonuses, but the union said the proposal wasn’t good enough. Union negotiators on Monday said Boeing’s
3 months ago
Tupperware files for bankruptcy as demand shrinks
Tupperware files for bankruptcy as demand shrinks

Tupperware files for bankruptcy as demand shrinks

Once popular for its colorful food storage containers, US firm Tupperware has filed for bankruptcy. The company succumbed to a plummeting demand for its products. Tupperware Brands Inc. and some of its
3 months ago
Boeing US factory workers vote to strike
Boeing US factory workers vote to strike

Boeing US factory workers vote to strike

US factory workers at the embattled planemaker voted overwhelmingly in favor of a strike. The industrial action comes after a series of high-profile safety issues on Boeing aircraft. Boeing workers in the northwestern United
3 months ago
BMW recalls 1.5 million cars over brake issue
BMW recalls 1.5 million cars over brake issue

BMW recalls 1.5 million cars over brake issue

German luxury carmaker BMW says it is recalling the vehicles over an apparent brake problem. Partly as a result, the Bavarian company is lowering its sales and profit expectations. BMW on Tuesday announced
3 months ago
Boeing offers 25% pay rise to avoid strike
Boeing offers 25% pay rise to avoid strike

Boeing offers 25% pay rise to avoid strike

The aviation giant and a local labor union have agreed to the deal after workers threatened a crippling strike. The company has suffered major financial losses following a series of fatal crashes
3 months ago
Cathay Pacific grounds A350 fleet after engine failure
Cathay Pacific grounds A350 fleet after engine failure

Cathay Pacific grounds A350 fleet after engine failure

The Hong Kong carrier said it will inspect all 48 of its Airbus A350 widebody planes after a component of the Rolls-Royce manufactured engine malfunctioned post takeoff. Hong Kong-based Cathay Pacific Airways
4 months ago
Dutch watchdog fines Uber over driver data protection
Dutch watchdog fines Uber over driver data protection

Dutch watchdog fines Uber over driver data protection

A regulator in the Netherlands has slapped ride-hailing app Uber with a €290 million finer for transferring European drivers’ data to the US. The firm described the decision as “extraordinary.” The Dutch data
4 months ago
Lufthansa subsidiary Discover Airlines plans strike
Lufthansa subsidiary Discover Airlines plans strike

Lufthansa subsidiary Discover Airlines plans strike

The four-day strike is scheduled to start on Tuesday, trade unions representing pilots and cabin crew said. Founded in 2021, the airline operates 27 aircraft from Munich and Frankfurt to a range
4 months ago
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