Finance

Ryanair blames lower-than-expected winter airfares as it issues profit warning

The company said Friday, Jan. 18, 2019 it expects full-year profit of between 1 billion euros and 1.1 billion euros, down from a range of 1.1 billion euros to 1...


Trump team weighs tariff cut to clinch China trade deal

The US online streaming giant reported mixed fourth-quarter results on Thursday, with earnings exceeding estimates while revenue missing them. At Friday's clo...


Canadian inflation unexpectedly accelerates on airfare surge

Shelter costs, driven by higher mortgage rates, increased by 2.2 per cent. The central bank forecasts inflation will average 1.7 per cent in the first quarter...


Aurora Cannabis (ACB) Shares Traded Up 8.3%

Stock market reversals can occur at any given time. Aurora's market cap prior to the announcement was only $7.31 billion. The score is a number between one and ...


Morgan Stanley takes hit from slump on trading desks

Net income applicable to Morgan Stanley more than doubled to $1.53 billion from a year ago when the bank booked a tax-related charge. Wealth Management revenu...


1000 flights canceled during winter storm; lake effect snow expected

In Iowa, temperatures in the teens Saturday were expected to drop below zero (-17 Celsius) overnight, producing wind chills as low as 20-below (-29 Celsius) by ...


Nissan Altima Goes All Tracked Sedan in Snowy Canada

Add said tread - 1,220 millimetres long, 750-mm tall and 380-mm wide - to a sedan jack it up some 80 millimetres and add some positively gargantuan 180-mm fende...


Blast at leaking Mexico pipeline kills 21 and injures dozens

Fuel theft gangs have hit back, winning the loyalty of impoverished neighbourhoods with the promise of free gasoline and getting local residents to act as looko...


Start-Ups To Get Relief From Angel Tax

However, startups need to be recognised by DIPP for the same. The Commerce and Industry Minister Suresh Prabhu has approved a notification regarding cer...


Shopko files for Chapter 11 bankruptcy

Steinhorst added in a news release that filing for Chapter 11 bankruptcy was hard but necessary. More information from the company about the closures can be fou...


Hotel dishwasher forced to work on Sundays wins N7.6billion

Pierre, a devout Christian missionary born in Haiti, said she was sacked by her boss at the hotel after she missed six Sundays from work to attend Bethel Ba...


Facebook says it is investing $300m to nurture local news

And a majority of Facebook's help in the area will come from the aforementioned $300 million investment in local news initiatives. It was meant to train journ...


Wood found in frozen chicken nuggets prompts recall

Perdue Foods is recalling about 68,244 pounds of chicken nugget products that may be contaminated with wood, according to FSIS. The recall impacts only 2...


Tesla Stock Is Tanking After Elon Musk Said He'd Lay Off Thousands

Mr Musk said Tesla plans to ramp up production of the Model 3 , "as we need to reach more customers who can afford our vehicles". Musk said that in additio...


Cruise line bans passenger for life after jumping off ship

Royal Caribbean says his friends were also banned from cruising on their ships for life. In the video posted to Naydev's Instagram , he can be seen climbi...


First Bitcoin Capital (CRYPTO:BITCF) Trading Down 64% Over Last 7 Days

Considering that crypto assets are getting issued regularly, with thousands of projects capitalizing on the growing demand, the St Louis FED research stated tha...


Microsoft pledges US$500 million to ease local housing crunch

The majority of the funds ($250 million) will go toward market-rate loans to build low-income housing in the King County region, which encompasses the Seattle m...


Huawei's reclusive founder emerges to deny espionage allegations, flatter Trump

Ren's comments come shortly after one of the company's executives was arrested by Polish authorities on January 11 for spying on behalf of the Chinese governm...


UK PM must 'ditch red lines', rule out no-deal Brexit: Corbyn

Labour hit back, with a party spokesman saying: "As opposition MPs who have met with the government today have discovered, the prime minister is not yet prepa...


Strong bank earnings send Wall Street to four-week highs

Nordstrom Inc JWN.N shares fell 4.8 percent after the department store forecast full-year profit at the lower end of its prior estimates. Total revenue during...


Deal set on $15 wage increase

Ortiz said during a press release this week that a University of Washington study found that in Seattle, which established a $15 minimum wage, workers' hourly s...


U.S. report finds as Beijing expands military

The U.S.is Taiwan's chief source of military hardware and is legally bound to respond to threats against its security. "The biggest concern is that they are g...


Crude Oil Price Braced By Supply Cuts And Fresh Chinese Stimulus

International Brent crude oil futures LCOc1 were at $60.53 per barrel at 0403 GMT, down 11 cents, or 0.2 percent, from their last close. Ole Hansen, head of c...


US Senators Introduce Bill Targeting US Export to China's Telecom Industry

At that time, Washington had announced an indictment against Chinese chip maker Fujian Jinhua Integrated Circuit Co Ltd for stealing trade secrets from USA semi...


Theresa May faces no-confidence vote after Brexit defeat

May struck a conciliatory tone after the vote, promising cross-party talks to try and salvage a workable Brexit deal before returning with a new plan next Monda...


Democrats Refuse to Meet With President Trump, Boycott Lunch

A senior administration official told Fox News that the president had invited Democrats to join his lunch with members of Congress in the Roosevelt Room shortly...


Volkswagen, Ford confirm alliance to build vans, commercial vehicles

Charting that future has been challenging as automakers attempt to control their own destiny while seeking to share the burden of tens of billions in costs requ...


Galway based Supermacs win their trademark case against fast food Giant McDonalds

An Irish restaurant chain has won a significant trademark battle against global fast food giant McDonald's. McDonald's had previously succeeded in putting a...


Canadian air traffic controllers send pizza to United States counterparts affected by shutdown

So, employees of the Canadian Air Traffic Control Association wanted to do something to cheer up their US eqivalents. As a show of solidarity, a number of ai...


Brexit deal voted down by MPs in historic defeat

European Commission president Jean-Claude Juncker said the deal's rejection increased the "risk of a disorderly withdrawal of the UK". Despite a last-ditch at...


China's export fall in December amid ongoing US-China trade war

The two countries have hit each other with tit-for-tariffs on goods worth hundreds of billions of dollars. US President Donald Trump has repeatedly slammed ...


Newmont Mining to buy Goldcorp in huge gold merger

On Monday, Newmont Mining Corporation and Goldcorp Inc . announced they have entered into a definitive agreement in which Newmont will acquire all of the o...


China-U.S. Trade Gap Grew to Biggest Ever in 2018

The figures come after a United States delegation held three days of talks in Beijing last week in the first face-to-face meeting since Donald Trump and Chinese...


Family claims airline forced them to sit on plane's floor during flight

Paula and Ian Taylor and their daughter Brooke, ten, arrived early at Menorca's Mahon airport to get their allocated seats because they all wanted to sit togeth...


Miami International Airport will reopen shuttered terminal Monday

A spokeswoman for Delta Air Lines declined to comment when reached early Monday, referring all questions to TSA officials. No-shows among screeners across t...