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British Airways’ boss replaced amid industry’s ‘worst crisis’
Mr Cruz, who has been with BA since 2016, will be immediately replaced by Aer Lingus boss Sean Doyle.
Mr Cruz will stay on as non-executive chairman for a transition period before Mr Doyle also takes on the role.
BA has been!-->!-->!-->!-->!-->…
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From Argentina to Canada, Pan-American Electric-Vehicle Road Trip Now Possible
When it comes to electric vehicles, the main global markets are China, Europe, and North America. Despite the never-ending discussion about range anxiety, EVs don't necessarily want to be penned in.
Now, thanks to Enel X, electric!-->!-->!-->…
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Nobel: US auction theorists win Economics Prize
Paul Milgrom and Robert Wilson have won the 2020 Nobel Economics Prize for their work on auction theory.
The Stanford University game theorists have helped in developing formats for the sale of aircraft landing slots, radio spectrums,!-->!-->!-->…
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Nobel Peace Prize goes to UN World Food Programme
The 2020 Nobel Peace Prize has been awarded to the United Nations World Food Programme (WFP).
The Norwegian Nobel Committee said the WFP had acted "as a driving force in efforts to prevent the use of hunger as a weapon of war and!-->!-->!-->…
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Ryanair expects Boeing 737 Max jet clearance soon
Ryanair has said it expects the controversial Boeing 737 Max plane to be allowed to fly again in the US in the next month or so.
The airline's boss, Eddie Wilson, said it hoped to start taking delivery of the planes early next year.
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Iran sanctions: US moves to isolate ‘major’ banks
The Trump administration has imposed sanctions on 18 "major" Iranian banks in one of the most extensive such moves by Washington against Tehran in months.
The order will also penalise non-Iranian institutions trading with them,!-->!-->!-->…
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Tim Hortons’ UK expansion to create 2,000 jobs
Canadian fast food chain Tim Hortons is planning a major expansion in the UK, hoping to capitalise on increased demand for drive-through dining.
The move comes despite the recent collapse in sales at the chain due to the coronavirus!-->!-->!-->…
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IBM to split into two as it reinvents itself
The move is an attempt to shift its focus to higher-margin businesses like cloud computing and artificial intelligence.
A new company focusing on legacy IT infrastructure will be named and spun off next year.
IBM shares closed nearly!-->!-->!-->!-->!-->…
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UK economic growth slows despite restaurant boost
The UK economy continued its recovery in August, growing by 2.1%, as the Eat Out to Help Out scheme boosted restaurants.
But the figure was below expectations and the economy is still 9.2% smaller than before the pandemic struck.
It!-->!-->!-->!-->!-->…
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EasyJet warns of heavy losses and continuing flight cuts
Although the airline said in a trading update it had taken tough action to cut costs, the warning underlines the continuing challenges for the industry.
This year's annual loss will be the first in EasyJet's 25-year history.
Sky News!-->!-->!-->!-->!-->…
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