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The job cuts are the largest since the European planemaker’s creation and go beyond what unions and staff were expecting

Airbus chief executive Guillaume Faury warned that a plan for 15,000 job cuts is “not the worst case” scenario facing the company in the battle to ste(...)

Airbus on Tuesday unveiled plans to shed around 15,000 jobs. Photograph: Pascal Rossignol/Reuters

Airbus on Tuesday unveiled plans to shed about 15,000 jobs including 900 already earmarked in Germany, saying its future was at stake after the corona(...)

Wall Street’s main indexes were largely flat in early trading. Photograph: Amr Alfiky/New York Times

European stocks closed higher after a choppy session on Thursday, with improving economic data and more support from the European Central Bank helping(...)

The Electron rocket in a launch pad. Photograph: Courtesy of Rocket Labs

A new space race has begun; but this time, it’s not superpower-led. This one is led by industry, government bodies and research groups who have gained(...)

The near global grounding of the world’s passenger jets has left many airlines begging for state bailouts to survive. Photograph: Michel Euler/AP

Airbus has warned that its UK employees face “more permanent” job cuts than counterparts in France or Germany, which are both planning to maintain wag(...)

A worker cleans the cockpit windows of a Bombardier Global 7500 long range business jet. Photograph: Jasper Juinen/Bloomberg

Some 400 jobs are at risk at Bombardier in Belfast due to the impact of the coronavirus on the aviation sector, the company has said. In a statement,(...)

A worker cleans the cockpit windows of a Bombardier Global 7500 long range business jet. Photograph: Jasper Juinen/Bloomberg

Bombardier is facing the boot from Canada’s main index as it slides toward irrelevance for equity investors. The aircraft and train manufacturer’s sh(...)

Taoiseach Leo Varadkar announcing plans to accelerate the reopening of the Republic’s economy on Friday. Photograph: Leon Farrell/Photocall Ireland/PA Wire

An unexpected jump in US employment sent world equities surging on hopes that the global economy has started to recover from the coronavirus pandemic,(...)

Ryanair underperformed rivals but still closed up  1.62%  on its Dublin listing at €12.84. Photograph: Dara Mac Dónaill

A strong rally this week in European stocks stalled on Thursday as investors locked in profits, although euro zone banks surged after the European Cen(...)

Shares in Aer Lingus parent International Airlines Group soared 22 per cent on Tuesday. Photograph: Frank Grealish

Investors were buoyed on Tuesday by easing fears in relation to the coronavirus pandemic and the potential for economics and businesses to get back to(...)

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