Business

SAS pilot walkout hits thousands more passenger

Image copyright European Photopress Agency Scandinavian airline SAS has cancelled hundreds of Sunday flights as a pilot strike continues, disrupting tens of thousands of passengers. Pilots went on strike on Friday in a wage dispute, grounding around 70% of the airline’s flights and hitting some 170,000 people over the weekend. “We deeply regret that our […]

Business

Jane Manchun Wong: The woman scooping Silicon Valley

By Alli Shultes Technology reporter Image copyright Jane WongImage caption Jane Wong spends up to 18 hours every weekend combing through code She was the first person to get a detailed look at Facebook’s new dating feature before the designs were released to the public. She discovered that Airbnb was testing a new flight integration […]

Business

Does the Bank of England have a woman problem?

Image copyright Getty ImagesImage caption Silvana Tenreyro is the only female member of the Monetary Policy Committee Take a glance at a photo of the Bank of England’s influential Monetary Policy Committee and its problem is immediately clear. The nine-strong committee look pretty similar: eight white men and one woman. This is the body that […]

Business

737-Max hits American Airlines forecast

Image copyright Getty ImagesImage caption American Airlines was forced to ground its Boeing 737 Max fleet American Airlines has cut its full-year profit forecast, blaming an estimated $350m (£270m) hit due to the grounding of its Boeing 737 Max aeroplanes. The airline cancelled 15,000 flights using its two dozen 737 Max jets up until late […]

Business

Debenhams names 22 stores to close

Media playback is unsupported on your device Media captionDebenhams chief financial officer Rachel Osborne Debenhams has named 22 of the 50 stores it plans to close as part of a plan by new owners to revive the department store chain. The retailer says the store closures will start next year and 1,200 staff will be […]

Business

Uber aims for $90bn stock market debut

Image copyright Reuters Uber has revealed that it is seeking a valuation of $90bn (£70bn) in its much anticipated stock market flotation. The taxi-app firm has said that its shares will be priced at between $44 and $50 each, with the share issue set to raise about $10bn. As part of the offer it will […]

Business

Sri Lanka travel: what should you do?

Image copyright Getty Images The UK is advising against all but essential travel to Sri Lanka. The advice from the Foreign Office comes after the Easter Sunday bombings in which more than 350 people died. “Terrorists are very likely to try to carry out attacks in Sri Lanka,” it said in its advice. “Attacks could […]

Business

Microsoft hits $1 trillion market valuation

Image copyright Getty ImagesImage caption Microsoft boss Satya Nadella Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits. The US software giant passed the mark briefly on Thursday, before its share price fell back. It makes it one of only three public firms to have hit the […]

Business

RBS chief executive Ross McEwan resigns

Media playback is unsupported on your device Media captionRoss McEwan says not enough time was spent on customers The chief executive of RBS, Ross McEwan, has resigned after five and a half years in the post. Mr McEwan, aged 61, said that he had “delivered the strategy” that he set out when taking over in […]