Finance

Flights resume at Dublin Airport following drone sighting

Flights resume at Dublin Airport following drone sighting It is expected that the brief closure will lead to some knock-on delays this afternoon. "The safety and security of airport users is daa's key priority at all times and staff at Dublin Airport, the IAA, and other agencies continue to remain vigilant in relation to drone activity in the vicinity of the airport". [Full Article...]

Huge EuroMillions jackpot won in Ireland

Huge EuroMillions jackpot won in Ireland It is believed to be a family syndicate". The winning numbers were: 1, 8, 18, 19 , 39 and lucky stars 7 and 9. No official details about where it the ticket was sold have been released but rumours are circulating that the ticket was sold in County Meath. [Full Article...]

Southwest Airlines Stock Is Falling Because the Government Shutdown Still Looms Large

Southwest Airlines Stock Is Falling Because the Government Shutdown Still Looms Large In a memo obtained by CBS News, the airline called for all hands on deck. The Dallas-based airline has ordered mechanics to come in to work for an "operational emergency". "That should be alarming to everybody, including management", Bret Oestreich, the union's national director, told The Associated Press recently. "Safety is, and always will be, our number one priority". [Full Article...]

Honda blames electric cars - not Brexit - for its Swindon factory closure

Honda blames electric cars - not Brexit - for its Swindon factory closure Honda has officially announced its decision to close its Swindon, UK plant in 2021. "As a result, we have had to take this hard decision to consult our workforce on how we might prepare our manufacturing network for the future". wish of the whole world". Analysts say that while Brexit was nearly certainly a factor for Honda , other reasons were likely to have played a part, including a m... [Full Article...]

What is the contempt case against Anil Ambani’s Reliance Communications?

What is the contempt case against Anil Ambani’s Reliance Communications? The Supreme Court said that Anil Ambani did not willfully pay Rs 550 crore dues it owed to Ericsson India. The court added that if they failed to do so, a three-month jail term would follow. In 2014, Ericsson had signed a deal with RCom to operate its nationwide telecom network. On October 23, 2018, the top court had asked RCom to clear the dues by December 15, 2018, saying delayed payment wou... [Full Article...]

Brexit withdrawal off the table as May heads to Brussels

Brexit withdrawal off the table as May heads to Brussels In a joint statement, Mr Baker and ERG chair Mr Rees-Mogg said: "We look forward to further precision about exactly what we will be asked to vote for". "We will have a friendly talk tomorrow but I don't expect a breakthrough", Juncker said Tuesday. If this was not acceptable to Brussels, a plan B would see the United Kingdom leave without a deal, but with a transition period extended to the end ... [Full Article...]

Citing Brexit, British airline Flybmi ceases operations

Citing Brexit, British airline Flybmi ceases operations Travel expert Simon Calder told BBC News it had been an "extremely hard winter" for many airlines . Last month, British regional carrier Flybe (not to be confused with flybmi) confirmed that it is being sold to a consortium led by Virgin Atlantic , after facing financial difficulties . [Full Article...]

Payless is closing down its stores in the U.S.

Payless is closing down its stores in the U.S. According to Payless' website the company employs more than 18,000 people worldwide. Often these companies end up with a second bankruptcy soon after. Kennewick Ave., Riverview Shopping Center, 3427 W. Court St., Pasco, at Columbia Center mall, 1321 N. Columbia Center Blvd., and at the nearby Shopko shopping center, 867 N. [Full Article...]

Brent oil eases from 2019 highs as markets await trade talks outcome

Brent oil eases from 2019 highs as markets await trade talks outcome International Brent crude futures were at $66.66 per barrel at 0746 GMT, up 41 cents, or 0.6 percent, from their last close. For both benchmarks, these were their highest levels since November 20, 2018. "Addressing global trade tensions is key for improving the economic outlook", the bank said. Seven Venezuelan oil-laden vessels loaded for USA refiners Valero Energy Corp and Chevron Corp have ... [Full Article...]

Unruly passenger removed from flight after yelling about child, spitting

Unruly passenger removed from flight after yelling about child, spitting Officers had to use a spit mask when dealing with the unruly passenger and had to cuff both her hands and feet. "Oh because I called someone old I get kicked off the (expletive) plane. She shouted "Vegas, baby!" Alright, I'll get my bag... "Gonzalez then blows kisses to those filming the incident, crying out" "Who's taping this?" Gonzalez cursed at fellow passengers, and eventually the fligh... [Full Article...]

Honda could be axing its United Kingdom auto factory in 2022

Honda could be axing its United Kingdom auto factory in 2022 Honda is to close its Swindon factory, putting an estimated 3,500 jobs at risk. The Japanese company made 160,000 Honda Civics in Swindon past year, of which some 90% were exported to the EU. trade after Brexit. There is rarely a single reason why a company takes a very significant decision. "The logistics of moving a factory the size of Swindon would be huge, and as far as we're concerne... [Full Article...]

Amazon pulls HQ2 from New York: Here are all the reactions

Amazon pulls HQ2 from New York: Here are all the reactions Andrea Stewart-Cousins, and executives from Amazon on February 8 and February 9 - just as reports of the company reconsidering the deal began to surface. At the first public hearing in December, which turned into a hostile, three-hour interrogation of two Amazon executives by city lawmakers, the helipad was mentioned more than a dozen times. [Full Article...]

Britain does not support total Huawei network ban

Britain does not support total Huawei network ban Huawei has repeatedly denied any links to the Chinese Government apart from paying it their taxes. Pence, speaking Saturday in Germany, urged European governments to take seriously "the threat" posed by Huawei as they look for partners to build next-generation wireless infrastructure. [Full Article...]

Payless Shoes Going Out Of Business; Liquidation Starts Sunday

Payless Shoes Going Out Of Business; Liquidation Starts Sunday Two years ago, Payless declared bankruptcy at a time when there were massive closures across the county by other major retailers. "This process does not affect the company's franchise operations or its Latin American stores, which remain open for business as usual". [Full Article...]

Payless Is Reportedly Closing All Stores

Payless Is Reportedly Closing All Stores Citing unidentified sources, Reuters reports that after failing to find a buyer Payless has chose to liquidate its inventory. A company spokesperson confirmed the closure with the news outlet, saying liquidation sales will start on Sunday. [Full Article...]

Oil Prices Hit 2019 Highs Amid Supply Cuts

Oil Prices Hit 2019 Highs Amid Supply Cuts Traders will be paying close attention to the volatility in the stock market too since crude oil has been moving lock-step with equity prices since Christmas. "Now you have a problem with Saudi Arabia's ability to actually produce as much oil". “Brent should average $70 per barrel in 2019, helped by voluntary (Saudi, Kuwait, UAE) and involuntary (Venezuela, Iran) declines in OPEC supply, ” Bank ... [Full Article...]

JP Morgan To Roll Out its Own Cryptocurrency to Enhance Payments

JP Morgan To Roll Out its Own Cryptocurrency to Enhance Payments The digital currency is offered as a way for bank customers to instantly send payments using blockchain technology, but it shouldn't be confused with other cryptocurrencies. "Money sloshes back and forth all over the world in a large enterprise", Farooq noted. JP Morgan says that its cryptocurrency could serve as a sort of corporate stablecoin. [Full Article...]

USA and China Meet for Final Trade Talks Before Deadline

USA and China Meet for Final Trade Talks Before Deadline FILE - U.S. Treasury Secretary Steven Mnuchin , a member of the U.S. trade delegation to China , waves to the media upon his arrival at a hotel in Beijing , China, Feb. Chinese trade data released on Thursday showed imports from the United States fell 41.2 % from a year earlier to $9.24 billion, the lowest amount in dollar terms since February 2016. [Full Article...]

Amazon Cancels Plans for New York City Headquarters

Amazon Cancels Plans for New York City Headquarters It's a big reversal of its much-hyped decision to build a new headquarters in Queens after a highly publicized nationwide search. Amazon on Thursday announced it has decided not to move forward with plans to build one-half of its second headquarters in New York City as originally planned. [Full Article...]

Amazon Is Buying Wi-Fi Router Company eero

Amazon Is Buying Wi-Fi Router Company eero The Eero acquisition is also a defensive move for Amazon: The best-selling whole home / mesh Wifi router system on Amazon's online store is now being built by Google , one of the company's fiercest competitors. Like many contemporary mesh Wi-Fi offerings, Eero's products are relatively easy to get going. Eero co-founder and chief executive Nick Weaver said in a statement that the company was bu... [Full Article...]


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