Germany grounds Boeing 737 MAX 8 and 9 for three months
BERLIN (Reuters) – Germany’s air safety authority DFS said on Tuesday that both Boeing 737…
Germany
Schumacher wins fan vote for F1’s most influential person
LONDON (Reuters) – Seven times world champion Michael Schumacher has been named the most influential…
Motor racing: Sainz, Ricciardo set for F1 moves as Alonso return mooted
LONDON (Reuters) – Spaniard Carlos Sainz is on pole position to be Charles Leclerc’s team mate at Ferrari next year, with Australian Daniel Ricciardo set to replace him at McLaren according to Formula One sources.
Bayer Roundup cancer trial goes to jury after closing arguments
SAN FRANCISCO (Reuters) – A trial in which a California man alleged his use of Bayer AG’s glyphosate-based Roundup weed killer caused his cancer went to a federal U.S. jury after lawyers for both sides delivered their closing arguments on Tuesday.
South American nations evaluating shutting airspace to Boeing 737 MAX: Telam news agency
BUENOS AIRES (Reuters) – Argentina and other South American nations are evaluating closing their airspace…
Uber hires more IPO underwriters as it prepares to go public: sources
(Reuters) – Ride-hailing startup Uber Technologies Inc has hired a string of investment banks to its syndicate of initial public offering underwriters, as it ramps up preparations for a stock market debut, people familiar with the matter said on Tuesday.
Black boxes from Ethiopia crash to go to Europe for analysis
ADDIS ABABA (Reuters) – The black boxes from a Boeing 737 MAX 8 plane that crashed in Ethiopia, killing 157 people, will be sent to Europe for analysis, a spokesman for Ethiopia Airlines said on Wednesday.
Germany sees 750 million euro potential risk from scrapping of Airbus A380
BERLIN (Reuters) – The decision by Airbus to scrap its A380 jet risks costing Germany…
VW brand to cut up to 7,000 jobs in new savings drive
WOLFSBURG, Germany (Reuters) – Volkswagen will cut up to 7,000 positions, aim to boost productivity and deliver 5.9 billion euros ($6.7 billion)of annual savings at its core VW brand by 2023, in its latest attempt to raise profitability at its top-selling division.
Supply chain problems to slow Adidas’ sales growth
HERZOGENAURACH, Germany (Reuters) – Adidas expects supply chain issues to curb sales growth in the first half of the year, particularly in North America, where it has doubled its business in the last three years to take market share from bigger rival Nike.
Black boxes from Ethiopia crash to be sent to Germany: Ethiopian Airlines spokesman
ADDIS ABABA (Reuters) – The black boxes from a Boeing 737 MAX 8 plane that crashed in Ethiopia on Sunday, killing 157 people, will be sent to Germany for analysis, an Ethiopian Airlines spokesman said.
VW halts truck unit IPO until market conditions improve
BERLIN (Reuters) – Volkswagen said on Wednesday it would halt preparations for an initial public offering (IPO) of its trucks unit Traton until market conditions improve, stalling what was expected to be Germany’s biggest share offering this year.