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Airline profits this year unlikely at Dec forecast level -IATA CEO

According to the Iata global passenger traffic results for April, overall passenger demand (measured in revenue passenger kilometres, or RPKs ) rose by 6.2 per...

Pentagon project causing "existential crisis" within Google

The decision was announced by Google Cloud CEO Diane Greene at a meeting with employees Friday morning, it said . Google didn't immediately respond to a requ...

Trump jobs tweet shatters decades of protocol, jolts markets

Last year, Sean Spicer , the White House press secretary at the time, appeared to violate the rule by tweeting about a jobs report 22 minutes after it was re...

Spain: The rise and fall of Mariano Rajoy

Rajoy became Spain's first sitting prime minister to give evidence in a trial when he was called as a witness previous year, prompting calls for him to resign...

Ticketfly takes websites offline after hack and ransom demand

A source told Billboard the ticketing service may have been compromised through its Wordpress blog, which stores information for the venues, promoters and f...

Following Worker Revolt, Google to End Drone Technology Contract with Pentagon

Gizmodo reports Google Cloud CEO Diane Greene informed employees in a meeting today that the company would continue work through the end of the current contrac...

Herrera Issues Subpoenas For Records On Uber, Lyft Drivers

The subpoenas seek a complete list of Uber and Lyft drivers that have completed at least one trip in San Francisco from 2015 to the present, documentation sho...

No buyers for Air India, deadline ends today: 10 points

India's government announced Thursday that its auction for a majority stake in its debt-stricken airline Air India had received no bids. So, the government of...

Fiat, Chrysler brands looking at major changes but not dead yet

Dodge sales are down by just six percent during the same period, with overall USA sales of almost 205,000 units, while Fiat has collapsed by 45 percent to less ...

Giuseppe Conte named Italian PM as leading parties form alliance

The ceremony capped a roller-coaster week of political and financial turmoil that saw stock markets around the world plunge and Italy's borrowing rates soar o...

SFO-bound jet makes emergency landing after passenger lights cigarette in bathroom

This extension includes new nonstop options between several cities that have not previously been offered by Southwest . Southwest Airline's website showed no...

Trump appears to comment on jobs report before its official release

President Donald Trump broke years of presidential protocol Friday morning by posting a tweet that signaled a strong jobs report was on its way from the Lab...

Buffett eyed US$3 bln Uber investment but talks failed

Buffett would have effectively lent Uber his sterling reputation, along with some capital, in exchange for cushy deal terms. A spokesman for Uber declined to ...

Poundland and Thameslink in chocolate tweet spat

The comment came to the attention of the store, whose retail director said they had "a..." More than 450 Govia Thameslink Railway (GTR) trains were either c...

Trump attacks Canada after Trudeau's trade war slap

It would also signal no one is safe: Mexico and Canada are the top two buyers of US exports. Now the talks - and subsequent votes to ratify any deal - are exp...

Trump flouts federal rule with tweet touting job numbers

Some White House officials get access to the monthly employment data the day before the report is released publicly, and the president is routinely briefed on...

Bank Of Canada Key Interest Rate Held At 1.25%

Also absent was any reference to labor slack. It also emphasized that recent evidence hardens its view that higher borrowing costs will be needed to contain inf...

Trump Tells Trudeau US Wants Fair Trade Deal or None at All

Freeland is making the announcement alongside Prime Minister Justin Trudeau following word from the White House that the US will slap tariffs on Canadian, Mex...

Trump levies steel, aluminum tariffs on EU, Canada, Mexico

Friday's deadline for exemptions also affects Mexico and Canada , which are in negotiations with the United States on the North American Free Trade Agreement...

Trump Says He Was 'Looking Forward' to Jobs Report

The unemployment rate in the US has fallen to its lowest in half a century, additionally shrinking the gap between black unemployment and white unemployment, th...

Increase public investment to spur economic growth, OECD tells Belgium

Regarding that in the eurozone, the OECD revised up its forecast to 2.2 percent in 2018 and 2.1 percent next year compared to 2.1 percent and 1.9 percent pr...

Italy’s anti-establishment leaders near deal to resurrect coalition

Milan's stock index opened up 2.5 percent and Italy's borrowing rates eased further after having soared earlier in the week when it appeared that Italy was head...

Deutsche Bank says financial strength 'beyond doubt' after ratings downgrade

Deutsche was the most active lender in NY commercial real estate between October 2016 and September 2017, with more than $6 billion given in non-construction ...

SoftBank invests $2.25 bn in GM's self-driving venture

Once Cruise's autonomous vehicles are ready for commercial deployment, Softbank will complete the second investment of $1.35 billion. In exchange for the ...

No need to intervene in Italy crisis — European Central Bank sources

Stock markets recovered their poise Wednesday amid hopes for a resolution in Italy's political turmoil that may put a halt to talk of another election this ye...

Your superannuation isn't so super

The Commission proposes that a merit based selection process determine default super arrangements for workers that do not choose their own super fund. "These pr...

China's commerce ministry says US trade delegation arrives

She echoed an earlier statement by the Chinese Commerce Ministry that the White House announcement went against the recent "consensus" reached by the two si...

Malaysia to 'reconsider' its challenge to ICJ judgment on Pedra Branca: Mahathir

Malaysia applied to revise the ICJ's judgment on Feb 2 previous year. A rocky outpost located 44km off Singapore's east coast, the dispute over the ownership ...

United States allies vow to retaliate over Trump's metal tariffs

The S&P 500 was down 0.30 per cent in early trade and the Dow was down 0.69 per cent. Officials said the import taxes would take effect on Friday. Trump's ...

Fans of Turkey's Erdogan push French newsstand to remove ad

One of the reasons for the lira collapse is the concern for President Recep Tayyip Erdoğan's monetary and economic policy, who is expected to win in the upcom...