Business

Image copyright Getty Images A senior adviser to the German government fears another European financial crisis could be brewing. Dr Lars Feld, one of the German Council of Economic Experts, was one of the first last year to warn of a slowdown in Europe’s largest economy. The German government expects expansion of just 0.5% this […]

Image copyright Submitted Image caption Queues at the easyJet desk at Manchester Airport There are delays and cancellations at Manchester Airport after a “power issue” affected fuel supply. Flights to Tenerife, Belfast and Milan are among 48 cancelled, while others have been delayed by hours. A Manchester Airport spokesman said: “Due to a power issue

Boeing disclosed in a Saturday statement that it had “made corrections” to its 737 Max flight simulator software following the two deadly crashes involving the jet during the past several months As AFP noted, the statement marked the first time the embattled plane maker acknowledged design flaws in the simulator software used to train some

Image copyright Getty Images Image caption The network was hit by widespread delays and cancellations a year ago The new National Rail summer timetable has come into effect, with 1,000 new train services being introduced across Great Britain. The operators and infrastructure firm Network Rail say they have learned the lessons of last summer’s disruption.

Image copyright Getty Images Boeing has completed development of a software update for its 737 Max plane which was grounded following two fatal crashes within five months. The US firm announced that it had flown the 737 Max with the updated software on 207 flights. It added it would provide data to the Federal Aviation

Image copyright AFP Shares in Thomas Cook have plunged 30% after analysts at a bank said the travel firm’s shares were “worthless”. Thomas Cook’s tour operations and airline are worth £738m, but its debt is around the same “and implies zero equity value”, according to Citigroup. Citigroup’s damning conclusion comes a day after Thomas Cook

Image copyright Reuters EasyJet’s chief executive, Johan Lundgren, has defended his airline’s high ticket prices to fly to Madrid for the Champions League final between Tottenham and Liverpool on 1 June. Football fans complained to BBC Radio 5 live that flights around that date cost £1,000 instead of £250 normally. But Mr Lundgren said the

Image copyright VLSA Image caption The VLSA stand at Business Show 2019 Whether it’s effective, inappropriate or both, some firms still use women in skimpy dresses to market their wares. Visitors to this week’s Business Show 2019 have expressed surprise and dismay that an exhibitor used “booth babes” to attract attention to their stand. The

Image copyright Getty Images The US has reached a deal with Canada to lift tariffs on steel and aluminium imports in a move that could lead to approval for a new North American trade deal. In a joint statement, the US and Canada announced that a 25% tariff on steel imports, and of 10% on

Image copyright Getty Images Image caption Julian Richer gave staff 60% of his company, Richer Sounds In the past few weeks a few employees have suddenly found they didn’t just work for their company, they owned a bit of it too. The owner and founder of Richer Sounds, Julian Richer, used a special trust to