AMSTERDAM (Reuters) – KLM, the Dutch arm of Air France KLM <AIRF.PA>, joined Germany’s Lufthansa <LHAG.DE> on Wednesday in making budget cuts in response to a slowdown in business resulting from the coronavirus outbreak. KLM will cut back on hiring new staff and external consultants, delay new IT projects and office refurbishment plans and reduce […]
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP set one of the oil sector’s most ambitious targets for curbing carbon emissions on Wednesday as new chief executive Bernard Looney began the biggest revamp in its 111-year history. While investor groups welcomed the 2050 targets set out by Looney, which put BP ahead of […]
LONDON/TOKYO (Reuters) – World stocks clung close to record highs on Monday as worries about the Delta variant of COVID-19 offset positive sentiment from surging euro zone business activity and a welcome U.S. jobs report.FILE PHOTO: A man watches an electric board showing Nikkei index outside a brokerage at a business district in Tokyo, Japan, […]
