Air France shares tumble following CEO’s departure
07 May 2018 | 1:03 pm
Air France-KLM Group shares fell sharply in Paris trading following last week's resignation of Chief Executive Officer Jean-Marc Janaillac.
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Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
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The European Union has approved a plan to prop up Air France amid a pandemic-induced collapse in passenger numbers. In return, the airline must give up some flight slots to competitors.
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Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
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