Two top executives at EADS, the European firm that builds Airbus, have resigned after the company announced costly delays for the super-jumbo A380 jet and a brewing stock option scandal. Stephen Beard reports.
Two top executives at European aircraft maker Airbus and its parent company have quit, forced out of office two weeks after announcing delays in the company's new super jumbo jet A380. Stephen Beard reports.
A British supermarket owned by Wal-Mart has avoided a strike planned to coincide with England playing in the World Cup tomorrow. Analysts say it's the kind of deal Wal-Mart would never do in the US. Stephen Beard reports.
US regulators have filed a lawsuit against British oil giant BP. They're charging it with manipulating the price of propane, saying it artificially drove up the cost of heating and cooking oil for millions of Americans. Stephen Beard reports.
One of Europe's longest and most acrimonious takeover battles appears to be over. European steelmaker Arcelor has finally agreed to merge with the Indian-owned Mittal. From London, Stephen Beard reports.