logo
Plus   Neg
Share
Email

Airbus Reportedly Terminates 16 Employees On Misuse Of Documents

Airbus (EADSF.PK,EADSY.PK) has terminated 16 employees without notice, due to the involvement of the employees in the affair of the prohibited possession of secret documents of the Bundesweh, according to the reports.

Bundesweh are unified armed forces of Germany and their civil administration and procurement authorities.

The public prosecutor of Munich launched the investigation in September after the company informed the authorities about potential irregularities involving the documents.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Global PC shipments returned to growth in the second quarter of 2020 after seeing a significant decline in the preceding first quarter due to COVID-19 related supply-chain disruptions, according to reports by two research firms. The PC market returned to growth in the quarter as production ramped up and vendors restocked their supplies to near-normal levels. The bankruptcy filing of America's oldest apparel retailer Brooks Brothers has ignited significant interest from potential buyers for the brand. WHP Global and a venture backed by Authentic Brands Group LLC and Simon Property Group, Inc., are reportedly considering bids for the retailer. WHP Global owns the ANNE KLEIN and JOSEPH ABBOUD brands. Sundial Herbal Products has recalled around 65 products, which were misbranded and currently unapproved drugs, the U.S. Food and Drug Administration said in a statement. The recall follows an order by a federal judge in June to stop distributing the company's unapproved new drugs. The affected items include herbal products and dietary supplements.
Follow RTT