Employees facing redundancy at Google parent Alphabet Inc.’s operations in Ireland are being offered severance deals that could see the longest serving workers getting payouts of more than 300,000 euros ($322,790), the Times reported on Sunday.
Deutsche Lufthansa AG said it cancelled some flights on Sunday due to technical issues, just hours before a major strike threatened to force most of Germany’s air and rail services into a standstill.
Standard Chartered Plc agreed to sell its business in Jordan to Arab Jordan Investment Bank as it looks to simplify its operations and focus on higher growth markets within Africa and the Middle East.
Brazilian President Luiz Inacio Lula da Silva postponed a business trip to China because of illness, potentially setting back his plan to strengthen relations with his country’s largest trading partner.
Credit Suisse Group AG faces the threat of a possible probe and disciplinary action over how top managers ran the bank in the lead-up to its collapse and takeover by UBS Group AG, Switzerland’s banking regulator told NZZ am Sonntag.
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