Business

Varadkar: Ryanair must respect passengers rights

Varadkar: Ryanair must respect passengers rights He said he welcomes the commitment but is "disappointed" that the carrier has yet to respond to a request made on September 21 for clarification on how Ryanair will help the customers affected by its cancellations. It adds to mounting anger against Ryanair , which already came under heavy fire after cancelling up to 50 flights a day earlier this month. The airline, who has until 5pm today t... [Full Article...]

Worldwide airport chaos as airlines hit by computer systems crash, media reports

Worldwide airport chaos as airlines hit by computer systems crash, media reports IT Pro has contacted Heathrow airport for comment, though Quartz reported its check-in systems were affected "intermittently". "We experienced a network issue that caused disruption to some of our systems", it said in a statement. It said its technical teams identified the cause of the problem and services were gradually being restored. The spokeswoman declined to share further details,... [Full Article...]

Roku Prices Shares at $14, Valuing Company at $1.3 Billion

Roku Prices Shares at $14, Valuing Company at $1.3 Billion Shares opened for trading at $15.78 a piece. Where Google, Amazon , and Apple are blocking rival services and products-Google recently pulled its YouTube video Service from Amazon's Echo Show device, and Netflix was not initially included in one of Apple's TV apps-Roku offers its users a wide range of streaming options. [Full Article...]

Nike, Inc. (NKE) Stake Lifted by Trust Co. of Vermont

Nike, Inc. (NKE) Stake Lifted by Trust Co. of Vermont Trust Investment Advisors now owns 5,265 shares of the footwear maker's stock worth $277,000 after buying an additional 50 shares during the last quarter. This represents a $0.72 annualized dividend and a dividend yield of 1.35%. Instinet maintained Nike Inc (NYSE:NKE) rating on Thursday, March 23. Nike's dividend payout ratio is presently 28.69%. [Full Article...]

Could This Crazy-Sounding Tax Reform Proposal Actually Work?

Could This Crazy-Sounding Tax Reform Proposal Actually Work? Trump is expected to speak about the plan on Wednesday afternoon. If these tax cuts are all part of the GOP plan, some estimates show that it would cost upward of $4 trillion. This includes reducing the amount of a mortgage eligible for a tax break from $1 million to $500,000 - impacting fewer than 6% of mortgages nationally - and converting the deduction into a credit, providing a greater tax b... [Full Article...]

Sonic Discloses That Hackers Breached Customers' Credit Cards

Sonic Discloses That Hackers Breached Customers' Credit Cards USA fast-food chain operator Sonic Corp said on Tuesday it had been notified of unusual activity regarding credit cards used at its drive-in outlets. Sonic has over 3,500 locations in the USA, including 15 in New York, according to NBC New York . Sonic Drive-In is the latest in a slew of USA restaurants and hospitality chains to suffer a major data breach. [Full Article...]

Lucara sells 1111 carat Lesedi La Rona to Graff for $53m

Lucara sells 1111 carat Lesedi La Rona to Graff for $53m Graff Diamonds chairman Laurence Graff said they were thrilled and honoured to become the new custodians of such an incredible diamond. A tennis ball-sized rough diamond , said to be the second largest gem-quality example ever found, fetched almost $66 million (US$53 million) for a Vancouver-based diamond producer on Monday. [Full Article...]

Prices for Iranian crude exceed $53 per barrel

Prices for Iranian crude exceed $53 per barrel And while OPEC and other countries that have cut production will undoubtedly take comfort from Brent near $60 a barrel, they should be wary of taking too much of the credit and certainly can't relax their output restraint. The oil pipeline delivers between 500,000 and 600,000 barrels per day (bpd) to Ceyhan Port in Turkey. However, a private meeting Friday between OPEC and some non-OPEC member... [Full Article...]

Japan's Abe announces snap election amid worries over North Korea crisis

Japan's Abe announces snap election amid worries over North Korea crisis Support for Abe's party has since rebounded, somewhat helped by his Cabinet reshuffle last month and fading scandals during the parliament's recess. While highlighting his government's resolve to protect the people's lives and properties, he said, " North Korea's threats should never influence the election, which is the point of origin for democracy". [Full Article...]

London ban will not affect Uber service in Welwyn Hatfield

London ban will not affect Uber service in Welwyn Hatfield Transport for London , which regulates private vehicle services in the city, said that Uber demonstrated a " lack of corporate responsibility " related to various actions like the company's apparent use of a controversial software program called "Greyball" and allegations of sexual assault of passengers. [Full Article...]

China tells Japan not to abandon dialogue over North Korea

China tells Japan not to abandon dialogue over North Korea But Japan's Kyodo News earlier reported that a 3.4 magnitude natural disaster was detected at a depth of zero kilometres near the North's nuke test site, citing China's quake agency. China on Saturday announced that it will implement United Nations sanctions on North Korea, by cutting off oil exports to Pyongyang over its nuclear and missile developments. [Full Article...]

Steep drop expected for gas prices

Steep drop expected for gas prices Gas prices should decline by as much as 10 cents a gallon this week as fuel inventories return to normal following recent hurricanes, an industry experts said today. "Gas prices in the southeastern USA should drop another 5-10 cents this week". In Colorado, prices remained mostly flat, falling just 0.9 cents to an average cost of $2.53 per gallon statewide. [Full Article...]

Paul still opposes GOP health care bill, despite changes

Paul still opposes GOP health care bill, despite changes The broad architecture of the legislation, which Sens. Bill Cassidy, R-La., and Lindsey Graham, R-S.C., will infuriate you. The new version delivers more funding to states like Arizona, Alaska and ME, where GOP senators are holding out. But he says he'd be surprised if the bill can pass. Researchers at the Brookings Institution predict the Graham-Cassidy bill would leave 32 million more Americ... [Full Article...]

Target Raising Minimum Wage, Aiming For $15 By 2020

Target Raising Minimum Wage, Aiming For $15 By 2020 The increase comes less than two years after Target last raised its minimum wage, to $10 an hour. The company said that the new rate will apply to all 323,000 current staff members, as well as the 100,000 temporary workers it plans to hire over the holiday season . [Full Article...]

Chaos at Sydney airport as flights cancelled at start of school holidays

Chaos at Sydney airport as flights cancelled at start of school holidays Jan Ibbottson is on holidays from the United Kingdom and said it was frustrating her flight to the Gold Coast was cancelled. "Consequently, one air traffic control console was operational for the morning peak when in normal circumstances six to eight consoles are operating". [Full Article...]

Marquez earns his 5th victory in 2017 at Aragon Grand Prix

Marquez earns his 5th victory in 2017 at Aragon Grand Prix However, he couldn't match the pace of the Hondas in the final 10 laps as the three-time world champion had to settle for just his second podium of the season. Tech 3 Yamaha's Johann Zarco finished, this time on the bike. "Achieving a start from the first row yesterday was already great, I was very happy". [Full Article...]

Lavrov confirms Russia's commitment to maintain sustainability of Iran nuclear deal

Lavrov confirms Russia's commitment to maintain sustainability of Iran nuclear deal Russian Federation is now subject to strict USA sanctions over its 2014 annexation of Crimea. China's Foreign Ministry said on Wednesday UN resolutions are clear that the Korean peninsula issue should be resolved through peaceful and diplomatic means, after US President Donald Trump warned he would "totally destroy" North Korea if threatened. [Full Article...]

Sensex drops 232 points on rupee slipping to 4-month low

Sensex drops 232 points on rupee slipping to 4-month low The Sensex and Nifty were trading down by almost one per cent due to sustained foreign fund outflows and weak global cues. It ended 447 points down at 31,922.44 points. The sentiment weakened further after heavy losses in Asia, set off by China sovereign rating downgrade on fears over its ballooning debt and a lower opening in Europe. [Full Article...]

Freeland touts 'made in Canada' NAFTA approach, meet with advisory panel

Freeland touts 'made in Canada' NAFTA approach, meet with advisory panel Another reason is that the rules include a concept called substantial transformation, which means that if further processing of a non-NAFTA item is done by a NAFTA partner, the non-NAFTA items are "transformed" and are deemed to have been produced in the United States, Canada or Mexico. [Full Article...]

Indian basket of oils at $55; producers meet on output cuts

Indian basket of oils at $55; producers meet on output cuts According to Russian media, Russia's Energy Minister Alexander Novak has said that the panel would discuss a monitoring procedure for oil exports at the meeting. While good news for motorists and industries dependent on oil products, the low price hurt the finances even of rich Gulf countries, to say nothing of stricken OPEC member Venezuela. [Full Article...]


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