New IAG boss appoints Aer Lingus’ Doyle as BA CEO
LONDON – Luis Gallego, who took over as chief executive of IAG ICAG.L last month, stamped his mark on the airlines group on Monday by promoting Aer Lingus boss Sean …
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As globe gallops into vaccine trials, insurers remain unfazed
LONDON/FRANKFURT – The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a …
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Exclusive: Mitsui & Co to sell all stakes in coal-fired power plants by 2030 – CEO
TOKYO – Japanese trading house Mitsui & Co Ltd 8031.T plans to sell its remaining stakes in coal-fired power stations by the end of the decade as it shifts to …
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SAP users face cost squeeze, pressure to digitalise: survey
BERLIN – The customers of software group SAP SAPG.DE are suffering severe declines in revenue and earnings while at the same time facing intensifying pressure to hike IT spending to …
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EU planning tougher regulation for ‘hit list’ of big tech firms – FT
European Union regulators are making a ‘hit list’ of up to 20 large internet companies, potentially including Facebook, Apple, Amazon and Alphabet’s Google, that will be facing new and tougher …
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U.S. energy companies begin restoring oil and gas output after hurricane
HOUSTON – U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S. Gulf Coast on Sunday, two days after Hurricane Delta barreled through the …
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Regulator says 91% of U.S. Gulf crude oil production remains shut after hurricane
HOUSTON – The U.S. Bureau of Safety and Environmental Enforcement (BSEE) said 91% of offshore crude oil production remains shut in the U.S.-regulated northern Gulf of Mexico following Hurricane Delta, …
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