Ryanair Holdings (RYA) has warned pilots and cabin crew it could close bases and cut jobs after the date for delivery of its first 10 of Boeing’s grounded 737 Max aircraft slipped into the autumn.
The administrators of the failed Woodford funds have told the 300,000 investors locked in since last June that they will receive an initial payout of just 46p to 57p per share – compared with the 100p price at launch five years ago.
The struggling John Lewis Partnership is to stop publishing its weekly sales figures and said it would in future provide updates on its trading only every six months.
Airbus has agreed a settlement with French, British and US authorities over investigations into allegations of bribery and corruption that could result in the aerospace group paying fines worth billions of pounds.
Sainsbury (J) (SBRY) has pledged to spend £1bn to become a carbon-neutral business by 2040, 10 years ahead of the government’s target for a net-zero economy.
Businesses are stopping staff travel to China and urging workers inside the country to stay out of the office as concerns grow about the continued spread of the coronavirus from the central city of Wuhan to the rest of China and beyond.
