Economy

High Court grants Ryanair injunction to stop this week's pilots' strike

High Court grants Ryanair injunction to stop this week's pilots' strike

Ryanair has pointed to falling airfares and profits as well as the fact that its pilots' pay is "already 20% ahead" of salaries offered by its competitors. Fórsa national secretary Angela Kirk has s...

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The Brief: British government speeds up preparations for a no-deal Brexit

The Brief: British government speeds up preparations for a no-deal Brexit

They will use the "incredible amount of time" saved to focus on future relationship with the European Union and other countries, including trade deals. "If you have any delays at borders that will b...

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UK Will Suspend the Freedom of Movement Immediately after Brexit

UK Will Suspend the Freedom of Movement Immediately after Brexit

A spokeswoman said: " Freedom of movement as it now stands will end on October 31 when the United Kingdom leaves the EU". Home Office officials produced a discussion paper for a ministerial no-deal...

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Trump slams Fed Chair Powell: 'He’s like a golfer who can’t putt'

Trump slams Fed Chair Powell: 'He’s like a golfer who can’t putt'

Other than the Fed , Trump claims the United States economy is in a near-perfect shape " doing great with China and other Trade Deals ". In comments to reporters, Mr. The July 30-31 policy meetin...

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'I am the chosen one' to take on China over trade

'I am the chosen one' to take on China over trade

Notwithstanding the sharp differences between the U.S. on the one side, and France and Germany on the other, on a range of trade and climate-related issues, there will be a strong push towards adoptin...

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Germany's Bayer sells Animal Health unit for $7.6 bn

Germany's Bayer sells Animal Health unit for $7.6 bn

Public Employees Retirement Association of Colorado cut its position in shares of Elanco Animal Health (NASDAQ: ELAN ) by 52.8% in the second quarter, according to the company in its most recent fil...

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BHP drops as record dividend payout still disappoints

BHP drops as record dividend payout still disappoints

The results and dividend were in line with expectations, and while such performance was welcomed by analysts, they also picked up on the fact that productivity fell by $1bn, in contrast to the $1bn im...

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Tesla Sued By Walmart For Solar Panel-Related Fires & Other Issues

Tesla Sued By Walmart For Solar Panel-Related Fires & Other Issues

The world's largest retailer started using solar panels made by SolarCity in 2010 and the roofs of around 240 of its stores were fitted with solar panels made by the company. Bentonville, Arkansas-bas...

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US Economy: White House mulling tax cut to avoid recession

US Economy: White House mulling tax cut to avoid recession

Employees pay the tax on income up to $132,900. "I gave a tremendous tax cut and they're loaded up with money". "He's looking at tax cuts again", Gidley said. Trump has frequently lashed out at Powe...

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In Germany, refused to buy dozens of scratched Tesla

In Germany, refused to buy dozens of scratched Tesla

The damages included paint scratches and moisture in one of the headlights. Adding that the Model 3 vehicles had awful defects including faulty wiring, scratches on the dashboards, faulty wheels, pain...

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Eurozone CPI slips, aids the European Central Bank doves

Eurozone CPI slips, aids the European Central Bank doves

In the whole European Union, inflation amounted to 1.4 percent in July against 1.6 percent in the previous month. The core rate, which strips out the volatile items of energy, food , alcohol and to...

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Satoshi Nakamoto to take the stage: Identity reveal on 18th August

Satoshi Nakamoto to take the stage: Identity reveal on 18th August

The "real" Satoshi Nakamoto could be about to reveal himself as the true inventor of Bitcoin. Satoshi Nakamoto Renaissance Holdings , the company in question, has promised that the real Satoshi wil...

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Microsoft to Acquire jClarity

Microsoft to Acquire jClarity

A couple decades ago, news like this would have been nearly unthinkable, given Microsoft's long-since-settled legal feud with Sun Microsystems over Java, back when the Redmond company was battling ope...

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USA markets sink, sparking fears of recession

USA markets sink, sparking fears of recession

Long-term bond yields are falling. It came after Wall Street suffered its worst one-day fall of 2019 on heightened fears of a United States recession, triggering a sell-off across global markets . ...

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Corbyn says Labour will do everything possible to block no

Corbyn says Labour will do everything possible to block no

Johnson took office last month after his predecessor, Theresa May, failed three times to get parliament to approve the withdrawal deal she had negotiated with the EU. "We will do everything necessar...

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Trump says United States is talking with China

Trump says United States is talking with China

They're loaded up with money". In Sunday television interviews, he said that consumers are seeing higher wages and are able to spend and save more. WASHINGTON (AP) - President Donald Trump is call...

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Porsche Type 64 fails to sell due to auction snafu

Porsche Type 64 fails to sell due to auction snafu

A vehicle built by legendary automotive engineer Ferdinand Porsche and which had been expected to raise $20 million at auction failed to be sold at all, after the bidding process left potential buye...

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Top US CEOs say shareholders' profits no longer top priority

Top US CEOs say shareholders' profits no longer top priority

It's a departure from the business theories of Milton Friedman , the Nobel-Prize-winning economist who said society benefits most from companies that grow their profit and serve one master: sharehold...

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Police and Army officers escape injury in Co Fermanagh bomb blast

Police and Army officers escape injury in Co Fermanagh bomb blast

Security forces had originally gone to the site to investigate a hoax device, and were searching the area when the device detonated in Wattlebridge. Police and bomb disposal experts had been worki...

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30-year Treasury yield falls below 2% for first time ever

30-year Treasury yield falls below 2% for first time ever

Although some were quick to point out that an inverted yield curve doesn't necessarily cause a downturn itself, turmoil in the bond market can wind up becoming a self-fulfilling prophecy. Instead,...

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Three UK is officially launching its 5G network this August

Three UK is officially launching its 5G network this August

Three will continue to roll out its 5G network over the coming months, and says that by the end of 2019 it plans to have 5G available in 25 towns and cities around the country. As you might expect, Th...

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China unveils rate reform to help lower firms' borrowing costs

China unveils rate reform to help lower firms' borrowing costs

Rates will be published on a monthly basis. In point of fact, recent reform of China's Central Bank came forth a few days after China's industrial activity fell to a 17-year low , which eventually ...

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FAA bans recalled Macbook Pros from flights

FAA bans recalled Macbook Pros from flights

In early July, we alerted airlines about the recall, and we informed the public. Are you travelling by air in the US with a MacBook Pro that was purchased between September 2015 and February 2017? T...

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US President Trump does not want to do business with China’s Huawei

US President Trump does not want to do business with China’s Huawei

A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. "At this moment it looks much more like we're not going to do business (...

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Recall alert: Tyson Foods recalls almost 40,000 pounds of chicken patties

Recall alert: Tyson Foods recalls almost 40,000 pounds of chicken patties

Tyson Foods Inc . is recalling approximately 39,078 pounds of Weaver brand frozen chicken patty product that may be contaminated with extraneous materials. "Even though these reports are limited, ...

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Aurora Cannabis Inc (ACB) — Equity in Focus

Aurora Cannabis Inc (ACB) — Equity in Focus

The 5825554 market value company based out of Canada is an important player in the Other sector. Several analysts have recently commented on the company. On the opposite side, investors may become h...

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Pumpkin Spice Spam going on sale this fall

Pumpkin Spice Spam going on sale this fall

We've reached the logical (or maybe illogical) conclusion of the pumpkin spice craze in America. Spam recommends people eat this new creation with waffles, a fall vegetable hash , or bake it into...

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Rozlytrek bags FDA approval

Rozlytrek bags FDA approval

Tumor types included breast cancer, cholangiocarcinoma, colorectal cancer, gynecological cancer, neuroendocrine tumors, NSCLC, salivary gland cancer, pancreatic cancer, sarcoma and thyroid cancer. - a...

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JUST IN: BoG revokes licenses of 23 savings and loans companies

JUST IN: BoG revokes licenses of 23 savings and loans companies

Ltd. The Bank of Ghana has also announced that Mr. Eric Appiah has been appointed as a Receiver for the specialized institutions in line with section 123 (2) of Act 930. "Given the risks that these ...

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‘Crazy inverted yield curve’: Trump launches blistering attack on Fed chief Powell

‘Crazy inverted yield curve’: Trump launches blistering attack on Fed chief Powell

Tech stocks and banks led the broad sell-off. Wednesday was the first time that yields for 2-year and 10-year Treasuries had inverted since June 2007, months before the onset of the great recessio...

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UN Security Council holds meeting to discuss Kashmir

UN Security Council holds meeting to discuss Kashmir

Security forces that blanketed the region remain on high alert after hundreds of people took to the streets for an anti-India protest following Friday prayers in Srinagar , the main city in the divid...

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Minnesota unemployment rate increases in July

Minnesota unemployment rate increases in July

The national unemployment rate has remained steady in July at 3.7%. He revealed that a total of 11.6 million, representing 63 percent of the working age population are in different types of employme...

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UPS has been using self-driving trucks for months - no one knew

The announcement also revealed that since May TuSimple autonomous trucks have been hauling UPS loads on a 115-mile route between Phoenix and Tucson. The deal also comes as the United States and Ch...

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China says it may retaliate against new U.S. tariffs

China says it may retaliate against new U.S. tariffs

Earlier, US President Donald Trump said that he may delay the introduction of new 10 percent tariffs on some of the remaining $300 billion in Chinese imports not yet taxed, saying he didn't want to hu...

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FCC chairman circulates order of approval for Sprint, T-Mobile merger

FCC chairman circulates order of approval for Sprint, T-Mobile merger

Along with Klobuchar, the letter is signed by Senators Ed Markey (D-MA), Tammy Baldwin (D-WI), Tom Udall (D-NM), Cory Booker (D-NJ), Richard Blumenthal (D-CT), Elizabeth Warren (D-MA), and Kirsten Gil...

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