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A strike has commenced at Discover Airlines, a subsidiary of Lufthansa, causing disruption for passengers. Pilots and cabin crew have walked out over a wage dispute with the Verdi union. Discover Airlines' 27 aircraft and 1,900 employees are at the center of the conflict. The Verdi contract includes significant wage increases of 16-38%, sparking tension with specialist unions VC and Ufo seeking influence in the Lufthansa Group. To manage the situation, Lufthansa plans to redistribute flights...

Boeing is facing multiple problems with two aircraft models - the 777X and the 787 Dreamliner. The 777X has experienced damage to a crucial engine-body connection part, leading to the postponement of its commercial launch until 2025. Meanwhile, the 787 Dreamliner has been hit with an airworthiness directive, requiring inspections of pilot seats after an incident that injured 50 people on a LATAM Airlines flight. Boeing has also faced production issues with the 787 Dreamliner and an incident in..

US confectionery giant Mars is set for a major merger by purchasing snack producer Kellanova, known for its Pringles chips, in a $35.9 billion deal. This move aims to expand Mars' snack portfolio beyond candies like Snickers and M&Ms, venturing into the growing snack market dominated by Kellanova's popular brands like Cheez-It. The acquisition signals Mars' strategic shift amid cocoa price pressures, diversifying into pet care. Wall Street reacts cautiously to the deal, while Kellanova's sale..

Mars, renowned for M&Ms and Snickers, aims to take over Kellanova, the company behind Pringles and Cheez-It, in a $35.9 billion deal. This move seeks to capitalize on the growing snacking trend, particularly appealing to the younger demographic. Kellanova, formerly Kellogg Company, split last year, with the snack business becoming Kellanova. The merger would create a snacking giant in the US food industry, with Kellanova's revenue of $13 billion and 23,000 employees. Mars' acquisition strategy,..

Mars, the candy giant, is set to acquire Kellanova, the maker of popular snacks such as Pringles, Cheez-It, and Pop-Tarts, in a record-breaking $36 billion deal. This acquisition marks Mars' largest since its $23 billion purchase of Wrigley in 2008. Kellanova, previously a spin-off from Kellogg's, will integrate its brands into Mars' snacking portfolio, joining recent additions like KIND Snacks and Nature's Bakery. The all-cash transaction is expected to close in the first half of 2025, subject..

Mars Inc. is planning to acquire Kellanova, the maker of Pringles chips and Eggo waffles, in a nearly $30 billion deal, according to the Wall Street Journal. This acquisition comes as the packaged-food industry is facing declining volumes, slowing growth, and a weakening global consumer. Companies, including Mars, are turning to innovation and new markets to boost sales amidst pushback from shoppers on price hikes. Kellanova, which spun off its cereal business last year, has seen strong earnings..