Ryanair is shutting its base at Frankfurt Hahn airport after German pilots voted to reject pay cuts. The firm said in a memo to pilots that its bases at Berlin Tegel and Dusseldorf airports were also at risk of closure by the end of the summer, news wires reported. "We must move on with alternative measures to deliver savings, which regrettably will mean base closures and dismissals," Ryanair said in a memo to its German pilots.

Italy’s antitrust authority announced on Wednesday it had opened an investigation into whether Apple Inc and Amazon Inc had engaged in cooperation to stifle competition by banning the sale of certain hardware. In particular, Apple products and Beats headphones.

US e-commerce giant Ebay has agreed to sell its classified ads business to Norwegian group Adevinta in a deal worth $9.2 billion, creating the world’s largest classified ads group, the companies said on Tuesday.

Microsoft, Nike, Starbucks, Unilever and five other industry titans from various sectors are teaming up to help businesses globally achieve zero carbon emissions. Called “Transform to Net Zero”, the group plans to recruit other members and deliver guidance, research and blueprints for businesses to achieve zero carbon emissions no later than 2050.

Two new lawsuits from Volkswagen customers arrived at Germany's top court for civil proceedings on Tuesday, months after a landmark ruling paved the way for the carmaker to pay out damages to customers in its home market.

Amazon CEO Jeff Bezos added $13 billion to his net worth on Monday. The financial development sets a record for the largest single-day increase by any one person since 2012, Bloomberg reported. This one-day increase is likely a result of Amazon's stock jumping over 7% on Monday after sliding last week.

Germany's BioNTech and US pharmaceuticals giant Pfizer have received their first order - from Britain - for a potential vaccine against the novel coronavirus that they are developing, the Mainz-based firm said on Monday.

The  electric vehicle maker Tesla is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.

The payments by Alphabet Inc’s Google to Apple Inc to be the default search engine on Apple’s Safari web browser create “a significant barrier to entry and expansion” for Google’s rivals in the search engine market, the UK Competition and Markets Authority said in a report on Wednesday.

Scandinavian airline SAS unveiled a plan to raise around 12 billion Swedish kronor (1.1bn euros) in new funds to deal with the impact of coronavirus. The plan will see the Danish and Swedish state, two of the three largest shareholders, increase their ownership from about 14% to 20%, and will result in a 14.25 billion Swedish kronor boost to the airline's equity.