BT's pre-tax profits slumping 42% from �717m to �418m in the three months to the end of June. Photograph: Nick Ansell/PA. BT.
British Airways owner IAG has reported a surge in profits, despite taking a hit from a major IT failure that caused travel chaos for tens of thousands of passengers in May.
The U.S. and Chinese carriers will each buy a 10 percent stake in Europe's biggest airline. At the same time, Air France will take a stake in the U.K.
The Eiffel Tower and the skyline of La Defense business district at night in Paris. Photograph: Charles Platiau/Reuters. Share on Facebook · Share on Twitter · Share via Email; View more sharing options; Share on LinkedIn · Share on Pinterest · Share ...
Amazon founder and CEO Jeff Bezos became an even richer man on Thursday morning, when a sudden surge in Amazon stock made him $1.5 billion overnight.