US jet fuel could be used in Europe to ease possible shortages
He added that airlines in North America use Jet A every day, but still manage to serve communities in very
Business
Wendy’s Turnaround on Track Despite Beef Costs, Consumer Uncertainty
Executives of the fast-food chain stressed that they are still in the early stages of Wendy’s Fresh Start turnaround plan,
US jobs data beats expectations for second month in a row
The solid figures came despite rising gas prices and economic uncertainty sparked by the Iran war. Source link
Porsche Closes Three Subsidiaries, With The Loss of 500 Jobs as Turnaround Efforts Continue
The sports-car maker is doubling down on its strategic turnaround efforts by shedding further non-core assets, as its new chief
Jeep Maker Stellantis to Help Build Chinese Cars in Europe
The Jeep-maker and Chinese auto manufacturer plan moves to boost production and lower costs. Source link
Intesa Posts Net Profit Rise as Corporate, Investment Banking Drives Growth
The bank reported a net profit of €2.76 billion for the first quarter, up 5.6% compared with the year-earlier period.
Wacker Chemie Reaches Agreement to Cut Around 10% of Workforce
The company will lay off around 1,600 employees in Germany by the end of 2027. Source link
Commerzbank to Cut 3,000 Jobs in Push to Boost Profit Amid UniCredit Bid
The German lender raised its expectations for 2028 and set new goals in a plan for 2030 that targets higher
South East Water boss David Hinton resigns after multiple supply failures
David Hinton faced criticism after outages affected tens of thousands of people in Kent and Sussex. Source link
Nintendo Forecasts Weaker Switch 2 Sales, Net Profit
The videogame maker’s net profit rose 52% for the year ended March. Source link