International Business and Company News | Business News
August 13, 2020

Business

Business

FAA could approve MAX return to service before mid-year

WASHINGTON – Federal Aviation Administrator Steve Dickson called senior U.S. airline officials on Friday and told them the agency could approve the grounded Boeing 737 MAX’s return to service before mid-year – a faster time frame than the planemaker suggested this week, people briefed on the calls said. Dickson’s calls came as the FAA issued […]
Business

Nestle and Canadian plant-based ingredient makers team up

WINNIPEG, Manitoba/ZURICH- Food company Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops. Meat substitutes from plants in burgers, nuggets and many other foods are a fast-growing industry, driving up demand for […]
Business

German airline Condor acquired by Polish carrier LOT

FRANKFURT/BERLIN – Polish carrier LOT is acquiring Thomas Cook’s German airline Condor, creating a leading aviation group in Europe carrying more than 20 million passengers a year, the companies said on Friday. Condor, which according to sources was sold for about 300 million euros (£252 million), operates a fleet of more than 50 aircraft while […]
Business

U.S. vegan toothpaste maker to be bought by Colgate

Colgate-Palmolive Co said on Thursday it would buy Hello Products LLC, a company which bills itself as a maker of eco-friendly and animal cruelty-free toothpastes, in a push to tap into a growing base of environmentally conscious consumers. Hello Products, founded in 2009, sells various lines of vegan toothpastes and mouthwashes, some which are infused […]