In a significant shift in European aviation, Heathrow Airport has been overtaken by Istanbul Airport as the continent's busiest hub for the month of July. Heathrow saw 7.86 million passengers pass through its terminals, falling short of Istanbul's 8.15 million. This change in rankings stems from a 1.5% decrease in passenger numbers at Heathrow compared to July of last year, while Istanbul Airport experienced...
EasyJet has accepted a £5.7 billion takeover bid from Apollo Global Management, a US private equity firm, following the withdrawal of competitor Castlelake from the acquisition contest. Apollo plans to acquire EasyJet by paying £7.15 per share, with the transaction anticipated to conclude by March 2027, contingent upon receiving all necessary approvals.
The initial recommendation from EasyJet was in favor of a sale to Castlelake....
Norway has voiced strong disapproval of US President Donald Trump's imposition of a 12.5% tariff on most Norwegian imports, deeming the move as both...
On the sidelines of the ASEAN ministerial meeting in Manila, which commemorated the 50th anniversary of the Treaty of Amity and Cooperation, Oman's Foreign...
Swedbank has reached a settlement agreement to pay $50 million to conclude an anti-money laundering investigation conducted by the New York State Department of...
In a move aimed at enhancing the stability of global semiconductor supply chains, China and the Netherlands have agreed to address business disputes through...
Rotterdam's city council is under scrutiny as a new coalition demands accountability for the skyrocketing costs and delays in launching the Oracle Fusion IT...
The European Union and China have embarked on a significant initiative to address a substantial €360 billion trade imbalance through three months of negotiations....
Asian stock markets experienced gains on Thursday, largely driven by impressive performances in Japan and South Korea as technology shares surged. This uptick followed...
In April, Dutch imports from Gulf nations experienced a significant downturn as disruptions in the Strait of Hormuz impacted global shipping routes, leading to...
U.S. stock markets experienced a robust upswing, marking the strongest single-day gain in two months, as a significant drop in oil prices spurred investor...