Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source

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(Reuters) – Aston Martin (AML.L) Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.

Andy Palmer, President and Group CEO, Aston Martin Lagonda, speaks at the opening of the new factory in Saint Athan, Wales, Britain December 6, 2019. REUTERS/Rebecca Naden

The luxury carmaker said in an emailed statement that it is reviewing its management team but declined to comment on Palmer’s fate.

Palmer and Germany’s Daimler AG (DAIGn.DE), which owns

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Large employers push back on U.S. healthcare mergers during coronavirus crisis

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FILE PHOTO: A worker leaves the Boeing Everett Factory, amid the coronavirus disease (COVID-19) outbreak, in Everett, Washington, U.S. March 23, 2020. REUTERS/David Ryder/File Photo

(Reuters) – A group representing some of the largest U.S. employers has asked Congress for a year-long ban on mergers and acquisitions among hospitals and doctors groups that received government money to cope with the effects of the COVID-19 pandemic.

The Pacific Business Group on Health, whose members include Boeing, Salesforce, Tesla, and Walmart, said in a letter addressed to congressional leaders this week that it feared that further consolidation in the healthcare industry could

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Lufthansa to resume flights to 20 destinations from mid-June

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FILE PHOTO: Aircraft of the German carrier Lufthansa are parked on the tarmac, as the spread of the coronavirus disease (COVID-19) continues, at the airport in Frankfurt, Germany March 24, 2020. REUTERS/Ralph Orlowski/File Photo

FRANKFURT (Reuters) – Lufthansa (LHAG.DE), which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume flights to 20 destinations from mid-June, including some holiday hot-spots, a spokeswoman said on Sunday.

The destinations include Mallorca, Crete, Rhodes, Faro, Venice, Ibiza and Malaga, the spokeswoman said, adding flights would depart from the airline’s main hub in Frankfurt.

Further

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