Dutch airline KLM on Thursday announced a sweeping package of “firm” cost-cutting measures it hopes will lead to a boost in operating profits of around 450...
Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a burgeoning...
I was on vacation a couple of weeks ago on Mykonos when I spotted a 30-something tourist carrying two bags. One was Dior; the other was a...
Airline giant IAG, owner of Spanish airline Iberia and British Airways, said Thursday it had dropped its bid to buy Spain’s Air Europa due to the...
More Americans are traveling overseas than ever in recorded history. Nearly 49 million Americans visited a foreign country last year, with yearly travelers increasing by 10 million...
Heineken NV took an €874 million ($949 million) impairment for the decline in valuation of its stake in the largest brewer in China as consumer spending...
From luxury brands to car makers, European companies are taking a hit from China’s slowdown, and more trouble is coming for businesses heavily reliant on demand...
Despite its density of storybook towns, international travelers have long relied on a circuit of tried-and-true favorites in France: Paris, Bordeaux, and the Côte d’Azur. The...
With Ireland’s housing crisis showing few signs of abating, businesses are increasingly having to step in with staffing accommodation, including by buying or renting real estate....