International business news

The Swedish company Electrolux is selling its subsidiary in Russia

The Swedish company Electrolux is selling its subsidiary in Russia

Swedish home appliance company Electrolux announced on Friday that it is selling its business in Russia, as part of its…

Russia: August Lada sales up 75% month-on-month

Russian carmaker AvtoVAZ reported a jump in new car sales in August on Friday, as the country's industry is reeling…

Norwegian energy group Equinor has fully withdrawn from Russia

Norwegian energy group Equinor said on Friday it had completed its exit from Russia, fulfilling a promise it made after…

UK: Competition authority gives green light to NortonLifeLock’s acquisition of Avast

Britain's competition regulator finally approved NortonLifeLock's takeover of British rival Avast on Friday, signaling the security software market will remain…

Lufthansa: Cancels ‘almost all’ of its flights on 9/2 due to pilot strike

German airline Lufthansa today announced the cancellation of "almost all" of its flights to and from the main airports of…

Delta Air Lines: $6 billion in compensation from 2020 for flight cancellations or delays

Delta Air Lines CEO Ed Bastian said the airline has set aside $6 billion for refunds starting in 2020, related…

Musk’s SpaceX to launch 5 more astronaut missions to International Space Station

SpaceX will launch five more astronaut missions to the International Space Station (ISS) for NASA by the end of the…

The Italian oil company Eni fell victim to hackers

Italian oil giant Eni SpA has fallen "victim" of hackers, as the company's representative announced on Wednesday, adding however that…

An Indian who didn’t finish university is the third richest person in the world with a fortune of $137 billion.

A new No. 3 on the list of the world's richest people is here - even if it is not…

Cologne prosecutors raid JP Morgan headquarters in Frankfurt

The offices of JPMorgan Chase in Frankfurt were raided earlier by Cologne prosecutors as part of their wide-ranging investigation into…