Business

Ryanair plane seized by French authorities

By The Frontier Post | November 10, 2018

LONDON (BBC News): A Ryanair plane has been seized by French authorities in a row over money in the latest problem for the airline. The French civil aviation authority grounded the Boeing 737 on Thursday at Bordeaux airport, before it was due to fly to Stansted with 149 passengers. It said the move was “a […]

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Automakers needs standards and security for self-driving cars

By The Frontier Post | November 9, 2018

BERLIN (Reuters): Automakers need standards for key equipment, a wide-reaching 5G broadband network and strong partnerships to make self-driving cars and electric vehicles a success, top European car industry executives said on Wednesday. Ralf Speth, chief executive of Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS), outlined ambitious plans to stay ahead of the rapidly changing […]

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Toshiba cuts 7,000 jobs, pulls out of foreign investment

By The Frontier Post | November 9, 2018

TOKYO (AFP): The boss of struggling Toshiba said on Thursday he would cut 7,000 jobs over the next five years as the Japanese engineering firm pulled out of foreign investments and downgraded its annual profit forecasts. Toshiba also expects to scrap or consolidate some factories and reduce its subsidiaries by 25 per cent, announcing the […]

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