June 10 Reuters Information technology services provider Cognizant Technologies said on Monday it has agreed to acquire digital engineering firm Belcan for nearly 1.3 billion in cash and stock. The deal would expand Teaneck, New Jerseybased Cognizant39;s footprint in the aerospace, defense, space and automotive sectors. Cincinnatibased Belcan, which has been owned by private equity firm […]

June 10 Reuters British luxury carmaker Aston Martin said on Monday it would raise annual pay by 4 for more than 2,500 employees and contractors across its UK manufacturing sites and offices for 2024 and 2025. Manufacturing technicians at the Londonlisted company will also receive a 1.5 rise in 2025, alongside a one hour reduction in […]

WASHINGTON, June 10 Reuters The U.S. Supreme Court declined on Monday to consider supermarket chain Kroger39;s request to block Grubhub39;s use of the fooddelivery company39;s forkandknife logo based on allegations that it would cause confusion with the Kroger mealkit service Home Chef39;s logo. The justices turned away Kroger39;s appeal of a lower court39;s ruling that Grubhub39;s logo was not similar enough […]

BRUSSELS, June 10 Reuters EU antitrust regulators have given British Airwaysowner IAG more time to offer fresh remedies to ease their concerns about its bid for full control of Spain39;s Air Europa. IAG, which also owns Spanish carrier Iberia, had faced a Monday deadline to offer concessions but the deadline has now been extended to June […]

Reuters Activist investor Elliott Investment Management has built a nearly 2 billion stake in Southwest Airlines and plans to push for changes aimed at reversing the airline39;s underperformance, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Elliott is one of Southwest39;s largest investors and plans to engage with the airline39;s management […]