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‘We’ve learned lessons’: the banker clearing up the £1.1bn fallout from the UK’s Covid loan scheme

TheGuardian

British Business Bank chief Louis Taylor says he values roles that are ‘beyond the pure profit motive’ Louis Taylor is making a habit of being parachuted in at troubled state lenders.

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Weird Commerce: Airbus Takes Urban Transportation To New Heights

PYMNTS

At the Geneva Motor Show in Switzerland, Airbus unveiled its new flying car concept that it is working on with Italdesign. System , Airbus is making strides toward making flying cars a reality. An Airbus spokesperson described the system to us in a recent conversation: “Pop.Up Known as the Pop.Up Through the Pop.Up

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Brexit Uncertainty Forces UK Cos To Stockpile Goods

PYMNTS

A March survey of almost 300 businesses found two-thirds are making contingency plans for a no-deal exit, up from less than half in January. Airbus , which makes most of the wings for its planes in Britain, has ordered suppliers to have at least a month’s worth of extra inventory on hand, and is hoarding its own parts at factories in the U.K.

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Siemens Invests In VR Startup Backed By Volkswagon, Audi

PYMNTS

Varjo is already working with Airbus, Audi, Lilium, Saab, Sellen, Volkswagen and Volvo Cars to optimize the headset for their business sectors and needs. Series A investors the EQT Ventures fund and Lifeline Ventures also participated in this recent round.

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Supplier Network Co scoutbee Gets $60M In Series B Round

PYMNTS

and Berlin, and its technology is being used by companies like Audi, Airbus, Caterpillar and Bosch, among many others. . We’re seeing climate, politics and the disruption of business models pressure purchasers. As part of the round, Atomico Partner Hiro Tamura is going to join scoutbee’s board of directors.

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Coronavirus: Official Says Delay May Be Best For Olympics; American, Delta Reduce Schedule

PYMNTS

Qantas Airways of Australia said it would reduce its international capacity and postpone an order for Airbus A350 planes. Sick Time, Business Help and Online Classes. Businesses, for their part, will be asked to tell how much revenue they foresee losing this month and to support that data in some fashion.

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Investors Flying High: Where Aerospace Corporates Are Making Private Market Bets in Auto Tech, IIoT, and Drones

CB Insights

To better understand where aerospace players are placing bets in private markets, we used CB Insights’ Business Social Graph , which shows how top investors and target companies are related, in order to analyze where some of the top aerospace corporates are striking deals. Airbus Group & Airbus Ventures.