British no-frills airline EasyJet says it will also shrink its aircraft numbers to around 302 planes in a bid to cut costs as Covid-19 ravages global air travel.
The announcement gives a boost to Britain's automotive sector hit this year by Honda and Ford's plans to close factories.
Mass-market carmaker Ford and luxury-focused Jaguar Land Rover have announced sweeping restructuring that will cost thousands of jobs in Europe.
A slowing Chinese market as well as delays in Chinese imports due to a tariff decrease as well as Brexit concerns weighed on the Indian carmaker, which also makes Land Rover and Jaguar.
The Rolls-Royce Cullinan has officially entered the unstoppable SUV market and it's the company's first all-wheel-drive vehicle.
London-based pay TV operator Sky says it is withdrawing its recommendation to shareholders to accept 21st Century Fox's bid in a move that came after Comcast made a better offer.
The company that makes power systems for use on land, at sea and in the air said it would study strategic options for its commercial marine operation, while reducing Rolls' businesses from five to three core units.
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