business information

Danish container shipping giant Maersk Line to buy German rival

Global shipping giant A/S Maersk Line of Denmark on Thursday announced plans to grow its business by buying German rival Hamburg Sued, the world's seventh largest container shipper.

LinkedIn to create 200 new jobs in the Republic of Ireland

Professional networking website LinkedIn will create 200 new jobs at its regional headquarters in Dublin, the company and the Irish government said Tuesday.

Airbus says it will cut more than 1,000 posts

Airbus said Tuesday that it will phase out 1,164 positions and transfer 325 posts as part of an effort to increase efficiency.

Chinese company Ctrip acquires Skyscanner for 1.74 billion dollars

China's top online travel agency Ctrip is planning to acquire British flight comparison website Skyscanner, the companies said on Thursday.

Facebook to open new London headquarters, creating 500 jobs

Facebook will open a new headquarters in London next year and create 500 jobs in the British capital, the company announced on Monday.

VW to cut 23,000 jobs in Germany, 30,000 in total worldwide

German carmaker Volkswagen is to cut 30,000 jobs worldwide by 2025, of which 23,000 cuts will occur in Germany, the company announced Friday at meeting in its headquarters in the western German...

Singapore Airlines slashes pilot pool amid business slowdown

Singapore Airlines (SIA) has slashed its pilot pool by 12 per cent in the last five years amid a business slowdown.

Report: Deutsche Bank considers cancelling millions in bonuses

Troubled German lender Deutsche Bank is thinking about cancelling millions in bonuses set aside for top managers as it tries to right its financial ship, the Sueddeutsche Zeitung newspaper...

EU car sales flat in October, as demands falls in Germany and France

The market for new cars was flat in the European Union last month, as demand fell in the bloc's two biggest countries, the European Automobile Manufacturers Association (ACEA) reported Thursday....

EasyJet could operate EU flights from Ireland after Brexit - report

British budget airline easyJet is considering applying for a licence to operate from Ireland to ensure it retains access to routes between European Union nations after Brexit, the Irish Times said...

World's first pizza delivery by drone in New Zealand

Domino's Pizza has carried out the world's first pizza delivery by drone in a suburb of Auckland, New Zealand, according to a video posted on Facebook.

Samsung acquires Canadian messaging technology specialist

The world's largest smartphone producer Samsung Electronics announced Wednesday that it has acquired Canadian messaging technology specialist NewNet Communication Technologies for an undisclosed...

Siemens to buy US software company Mentor for 4.5 billion dollars

German industrial giant Siemens said Monday that it plans to acquire US software company Mentor Graphics for 4.5 billion dollars in an effort to expand its industrial software portfolio.

Samsung Electronics in 8-billion-dollar purchase of car-parts firm

Samsung Electronics has made an agreement to buy US car-parts supplier Harman International Industries for 8 billion dollars in cash, the leading South Korean smartphone, television and memory...

Podravka food company attends FHC China trade show

One of the participants in this year's international food and hospitality trade show FHC China was the Croatian food company Podravka whose most popular products are already available in shops in...