Biting passenger delays flight? No compensation needed, says EU court
Airlines don’t need to compensate passengers if a flight is delayed by one person biting another as it is an “extraordinary circumstance”, the EU’s top...
Renault nationalisation, state cash injection not on the table: chairman
A further investment by the French government in Renault’s capital would not be the most pertinent or useful use of state resources, the carmaker’s chairman...
Lloyds Bank fined $81 million for overcharging mortgage customers
Britain’s Financial Conduct Authority has fined Lloyds Bank 64 million pounds ($81.26 million) for failures in handling hundreds of thousands of mortgage customers in difficulties...
China, U.S. should resume timely communication on trade: China adviser
China and the United States should resume timely communication on trade and other issues, a former senior Chinese official said on Thursday, stressing that the...
Lloyds Bank fined $81 million for mortgage arrears failures
Britain’s Financial Conduct Authority said on Thursday it has fined Lloyds Bank 64 million pounds ($81.26 million) for failures in handling mortgage arrears....
Unilever plans switch to UK holding company to cut complexity
Unilever proposed collapsing its Anglo-Dutch legal structure into a single holding company based in Britain on Thursday, nearly two years after shareholders sank an earlier...
British Airways to put artworks on sale in COVID-19 cash crunch
British Airways will sell at least 10 works of art from its extensive collection, a source said, to try to raise millions of pounds to...
Oil prices hit by record U.S. crude inventories, bearish Fed
Oil prices fell on Thursday, hit by another record build-up in U.S. crude inventories and the U.S. Federal Reserve’s projections that the world’s biggest economy...
How Uber hailed a deal with Grubhub only to let it slip
Uber Technologies Inc CEO Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid for Grubhub Inc ended...
Nokia names new finance chief in management revamp
Finnish telecoms equipment maker Nokia named a new finance chief on Thursday, completing an overhaul of its top executive team as it battles rivals Ericsson...