Business
The Banque Centrale Populaire group has brought an end to a long-running legal dispute in Belgium through a court-approved financial settlement worth approximately €174 million. The agreement was formally validated by a French-speaking first instance court in Brussels, closing proceedings that had......
The competition to provide high-speed in-flight internet is intensifying as airlines around the world increasingly invest in satellite-based Wi-Fi systems, turning connectivity into a key passenger experience feature. The satellite network operated by SpaceX through its Starlink system has emerged as......
Royal Air Maroc (RAM), through its subsidiary Atlas Multiservices, has announced a major recruitment campaign aimed at hiring 96 airline pilot candidates in Casablanca. The initiative forms part of the airline's efforts to strengthen its workforce and support the continued development of its flight......
LATAM Airlines Brasil is expected to moderate its expansion plans in the coming months as rising fuel costs continue to impact the aviation sector. The airline announced that it will reduce its planned flight capacity for July by approximately 3% compared with its original projections, reflecting efforts......
Chinese investors linked to Pirelli's largest shareholder have launched legal challenges against restrictions imposed by the Italian government under the country's strategic investment protection framework. The dispute centers on measures introduced through Italy's "golden power"......
Copa Airlines has reaffirmed its long-standing strategy of operating without fuel hedging despite recent volatility in global energy markets. The Panamanian carrier believes that its strong financial position and disciplined management approach will allow it to absorb higher operating costs while maintaining......
The OPEC+ alliance is expected to move forward with another increase in oil production quotas for July as part of its ongoing strategy to gradually adjust supply levels in response to evolving market conditions. The decision reflects the group's efforts to balance global energy demand while maintaining......
Italy’s national carrier ITA Airways is evaluating possible legal action against engine manufacturer Pratt & Whitney following technical issues that have significantly affected part of its fleet. The airline is expected to decide in the coming weeks whether to pursue a lawsuit related to disruptions......
The global airline industry is facing a more challenging financial outlook for 2026 as rising fuel costs and geopolitical tensions continue to put pressure on carriers worldwide. Industry leaders have revised profit expectations downward, highlighting the vulnerability of aviation to external shocks......
Banco BPM has announced its intention to open discussions with Banca Monte dei Paschi di Siena (MPS) regarding a potential merger that could reshape Italy’s banking landscape. If completed, the transaction would create the country’s second-largest banking group, surpassing UniCredit in size......
Netflix has named Jay Hoag as the new chairman of its board of directors, marking a significant leadership transition for one of the world’s largest streaming platforms. Hoag succeeds Reed Hastings, the company’s co-founder and longtime leader, who recently stepped down from the board after......
The competition between Commerzbank and UniCredit has entered a new phase as investors continue to evaluate one of the most closely watched banking transactions in Europe. The proposed takeover has sparked debate among shareholders, financial analysts, and policymakers regarding the future structure......
Brazilian planemaker Embraer said on Friday it has secured an order for 15 E195-E2 aircraft from lessor Azorra, sending its shares up about 5%. The deal marks the third increase to Azorra’s original 2021 order and includes purchase rights for 15 more, bringing the company’s total firm orders......
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