Finance

Ryanair swings to profit in Q3, warns over Max 737 delivery

Yes, because the largest 737 of all time does not reach the performance of the impressive A321XLR, the "destroyer of widebodies", due to its ability to reconcil...


FDA Approves First Drug for Treatment of Peanut Allergy for Children

Palforzia can not be used for the emergency treatment of allergic reactions , including anaphylaxis. Aimmune Therapeutics says the US Food and Drug Admini...


Hong Kong shuts most China crossings over virus as medics strike

Hong Kong's Financial Secretary Paul Chan, seen here on February 27, 2019, said catering, retail, tourism and consumer sectors, which have been hit in the las...


LIC to be listed: Sitharaman

For the April to December 2019 period, LIC collected new premiums of Rs 1.37 lakh crore, showing a 45.5 percent year-on-year (YoY) rise, its market share was 71...


First coronavirus death outside China reported in Philippines

Internationally, the United States, Australia, New Zealand and Israel have banned foreign nationals from visiting if they have been in China recently, and they ...


India's economic survey likely to forecast 2020/21 growth at 6%-6.5%

Growth slipped to a six-year low of 4.5 per cent in the July-September quarter. Chief Economic Advisor Krishnamurthy Subramanian on Friday (January 31) sa...


Crude oil futures plummets 14% in January

The market expectation was an increase of 482,000 barrels in crude inventories. After a couple weeks of continued slippage, the price of the Brent and WTI ben...


Bank of England holds interest rates steady before Brexit

Despite warning that Brexit would hold back growth in the long run, on the eve of Britain's formal departure the central bank's rate-setting monetary policy ...


Aston Martin rescue deal agreed as F1 billionaire buys stake

Former fashion tycoon Lawrence Stroll is leading a consortium that will pay 162 million British pounds, or about $213 million, for a 16.7 percent stake in the c...


Amazon Joins Elite Company After Stock Surges 10%

The company made progress in the holiday season, reporting that it quadrupled one-day and same-day deliveries over the year-ago quarter. The strong earnings r...


Chinese planes to bring overseas Wuhan citizens back to virus-hit city

According to a statement on the State Department's website, the advisory was put into place due to the novel coronavirus outbreak in Wuhan, China . "The ...


Japan speeds up new virus measures as more evacuees arrive

State Department said in a new travel advisory on its website , raising the warning for China to the same level as Afghanistan and Iraq. "Our greatest concern ...


Amazon holiday results crush expectations, and its stock surges 12%

Amazon lets customers in China buy foreign goods through its global store; businesses in China can sell overseas via Amazon and use Amazon's cloud computing tec...


Federal Reserve holds rates unchanged at 1.5%-1.75% range

Fed Chair Jerome Powell has said a "material reassessment" of the economic outlook would be required for any shift. "It's very uncertain about how far it wil...


US Economic Growth Slowed In 2019 To 2.3%

The price index for gross domestic purchases grew 1.5 percent over the last three months of the year, compared with 1.4 percent in the third quarter. The U.S....


CDC Reports First Human-To-Human Transmission In US

The first case of human-to-human infection was reported in the USA, the Centers for Disease Control and Prevention said earlier Thursday. One of the 195 Ame...


How to See What Facebook Learned About You From Other Websites

Earnings also narrowly topped analyst estimates for Facebook in Q4, with the company posting $2.56 earnings per share . Facebook says companies will tell t...


British Airways suspends direct flights to China on virus fears

South Korean budget carrier Air Seoul said it will halt all flights to China , while Taiwan's China Airlines Ltd rescheduled and cancelled some flights to Ch...


Facebook's 'Clear History' Tool Is Finally Here for Everyone

Sort of - maybe it's more that going off the grid, growing our own vegetables, and living without electricity sounds like a lot of work and nobody has time for ...


BH Media sells newspaper - including DP - to Lee Enterprises

Subsequent to the deal closing, Berkshire Hathaway will be Lee's sole lender. The Warren Buffet-owned BH purchased the DP - along with it's 9 other newspape...


Coronavirus: United Airlines cancels some China flights over virus fears

The lockdown has trapped more than 50 million people in the most far-reaching disease control measures ever imposed. Fears over the spread of the flu-like vir...


Airlines cut China flights as companies restrict travel on virus fears

Scientists in the China, Hong Kong and the United States are racing to develop a vaccine against the raging Novel coronavirus (2019-nCov) outbreak ravaging ...


2 of Japanese evacuees from China's Wuhan develop pneumonia

Before the flight arrived in Alaska, the Centers for Disease Control and Prevention had said there were about 210 U.S. citizens aboard the flight. The announc...


No hot meals, blankets, magazines as airlines step up fight on virus

British Airways has suspended all direct flights to and from mainland China , one of the biggest names in aviation to do so, as worries grow about the impact o...


Boeing lost money in 2019 for the first time in 20 years

Boeing is struggling through a crisis stemming from two crashes of its 737 Max that killed all 346 people aboard the flights. In a positive development, a Fed...


India finds it hard to assess number of citizens stuck in Wuhan

Following the outbreak, China has imposed a lockdown in the city. The virus is believed to have emerged late previous year in Wuhan, the capital of Hubei prov...


Apple Reports Highest Quarterly Revenue Ever

Apple chief Tim Cook said the firm is "closely monitoring" the coronavirus outbreak, which has clouded its forecast for the upcoming quarter. The new 2019...


Metro Vancouver taxi companies seek injunction to stop Uber, Lyft from operating

He said the city is capable of issuing licences to businesses quickly or providing a grace period. Doug McCallum maintained his stance ride-hailing is operati...


US Pentagon temporarily stops clampdown on Huawei sales

Reuters reported in November that the Commerce Department was considering broadening the rule that dictates how much American content in a foreign-made produ...


GM Invests in First 100% Electric Assembly Plant

Officials say that Detroit Hamtramck will be GM's first fully-dedicated electric vehicle assembly plant. A few days earlier it was reported that General M...


Uber and Lyft are both launching in Vancouver TODAY

Representatives for Uber and Lyft say in statements that they are pleased with the approvals and will work with local jurisdictions to get their services operat...


After Weather Delay, Largest Jet Takes to Sky

The new aircraft in its blue and white company colours, remained on the tarmac of Boeing Field, in the suburbs of Seattle where the wind was blowing hard ...


Air India privatisation: Employee unions to meet in Delhi today

As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low-priced airline Air India Express and 50 per cent shareholding in...


Oil prices decline as demand concerns persist

Brent crude futures lost $1.20, or 1.9%, to trade at $62.00 per barrel, after having touched $61.25/Bbl, the lowest price since early December, Kallanish Energ...


China bans long-distance buses from entering three cities to contain coronavirus spread

Its spread has come amid China's busiest travel period of the year, when millions crisscross the country or head overseas for the Lunar New Year holiday. Wuha...


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