Business Profiles

Europe Orders Cracks Check on Airbus A380s Europe's safety authorities on Friday ordered urgent inspections on a third of the Airbus EAD.PA A380 fleet after the discovery of wing cracks on the world's largest jetliner. No aircraft have…

Greece Deal Fails to Convince, EU Demands More Greek political leaders said they had clinched a deal on economic reforms and spending cuts needed to secure a second bailout, but euro zone finance ministers demanded more measures and a…

Analysis - in Banking Reform, Europe Zig-Zags but Still Moves Forward The European Union does not draw straight lines. Last week’s tortuous agreement on a common system for shutting failed banks exemplifies the awkward, often unstable…

Warning That Thousands Of Firms Face Collapse There are growing fears that 2023 could see a wave of company collapses as the cost of living crisis continues. The number of firms on the brink of going bust jumped by more than a…

Travelling to Europe? Now Make Hassle-Free Payments Using UPI on Your Phone Those visiting Europe will be able to make payments through UPI as the NPCI International Payments Ltd (NIPL) has entered into a partnership with European payment…

Europe Inflation Barb Gives New Year Bond Fizz a Bitter Taste Traders are grasping for hints inflation may be easing off after spiraling price growth last year drove government bonds to their biggest annual loss on record. The sigh of…

Lufthansa Signs $1.25 Billion Outsourcing Deal With IBM IBM IBM.N has won an outsourcing contract from Germany's Lufthansa LHAG.DE worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline's information…

European Central Bank to Review Bond-Buying Tool Launched in Response to Pandemic - FT The European Central Bank (ECB) will review its emergency bond purchase scheme that was introduced in response to the coronavirus crisis in March, the…

Euro Zone Business Activity Returned to Modest Growth in July: PMI LONDON (Reuters) - Euro zone business activity returned to modest growth in July as some curbs imposed to stop the spread of the coronavirus were lifted, but the rebound in…

Indigo, Spicejet Plan to Launch Flights to UK, Europe for Short Term These airlines are taking planes on wet lease, or with crew, which will help these companies reduce the preparation time to launch the flights. New Delhi: Low-cost…