American Airlines and US Airways have merged, creating the world's largest carrier and overcoming concerns the deal would hurt consumers. An antitrust lawsuit had stalled the merger in August.
German publishing house Axel Springer has announced it’ll take over German television news channel N24. Springer aims to hook up N24 with its newspaper group Die Welt to form Germany’s leading multimedia news provider.
The European aerospace company EADS is planning major structural changes in an effort to downsize its defense and space businesses. They have confirmed nearly 6,000 jobs by the end of 2016.
Eight leading technologies companies, including Apple, Facebook and Google, have called on the United States to limit surveillance on citizens. It comes in the wake of the National Security Agency (NSA) spy revelations.