In a statement, the union of JetBlue Airways Corp stated, it has rejected a tentative agreement that would have given the airline contractual relief to implement its planned partnership with American Airlines Group Inc. In July, budget carrier JetBlue and… Read More ›
planned
Germany to phase out of coal-fired power plants by 2038
Germany aiming for renewable and sustainable energy power for its long term energy security policy. On Monday, Peter Altmaier, Germany’s Economy Minister made it clear that Germany does not want to compensate the loss of electrical power for its planned… Read More ›
European Court of Justice annuls European Commission’s 2013 decision to block UPS acquisition of TNT
Following the ruling, UPS said it is seeking $1.99 billion (1.74 billion euros) in damages. In a development that potentially opens up the possibility of potential litigation against the European Commission, on Wednesday, the European Court of Justice annulled a… Read More ›
Brussels sticks to planned standstill plan over Britain’s demand for broad access to EU banking
Brussels will consider Britain’s request only after the transition period which ends at the end of 2020. As per a senior official from Germany’s finance ministry, the European Union is unlikely to widen the access to its financial markets after… Read More ›