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British Airways expected to suspend 36000 staff, reports BBC

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Systra buys British Steel's TSP Projects business

The sale of TSPP will have no impact on the proposed sale of the remainder of the British Steel group. TSP was released from the British Steel portfolio last ...

International Monetary Fund staff analyzing Argentina's new debt plan - spokesman

The crisis came to a head Wednesday when the administration announced it would postpone $7 billion of payments on short-term local notes held by institutional...

SEC reaches $10M settlement with crypto token issuers accused of fraud

The U.S. Securities and Exchange Commission ( SEC ) has recently announced that it would settle the charges related to Bitqyck , a cryptocurrency token ...

Yen back-pedals on hopes of easing US-China trade tensions

Fixed income markets took a breather on Friday, at the end of a stellar month that has seen prices rally and borrowing costs push deeper and deeper into negativ...

Last chance for PPI refund claims

He said: "At this point, I think there's a few things you have to do". Mr Lewis warned: "If you're not sure, just fill in the details anyway and check if you ...

US Navy ships drives Austal to a 64pc profit jump

Austal shares were last trading at $1.855, down 9.1 per cent from $2.04 in September, and 23 per cent lower than an eight-year high of $2.43 in November 2015. P...

Bank employees protest against Centre’s Merger move, wear black bands to work

Having this year lost to China its status as the fastest-growing major economy , the latest growth figure for India's first fiscal quarter fell well short of m...

Wall Street rises as China trade cheer persists

The S&P 500 was up 36.64 points, or 1.27 per cent, to 2,924.58. The tech-heavy Nasdaq was up 0.3 percent at 7,996.53. The monthslong trade war escalated ear...

Six Flags St. Louis unveils the Catwoman Whip in 2020!

The venue also plans on adding a new tailspin waterslide called "Tidal Wave" in 2020. If twirling through the air at high speeds is one of the things you love...

Google to pay up to $200 million to FTC on YouTube probe

The agreement could be announced as early as next week. Google was not immediately available for a Reuters request for comment. The settlement with the wo...

'Enjoy the low gas prices over the Labor Day weekend!'

AAA on Wednesday estimated the national average for regular, unleaded gasoline sat at $2.58, while GasBuddy analysts predict average prices will hover around ...

Unexplained difference of 13 cents found in B.C. gas prices: inquiry

But prior to 2015, Metro Vancouver drivers paid five cents a litre more than Seattle drivers. Premier John Horgan called the public inquiry in May as prices r...

Ford recalls more than 550,000 vehicles for seat strength problem

In a release Friday morning , the Dearborn-based automaker said there were no collisions, serious injuries, or deaths reported as a result of any of these probl...

Forgery crisis roils global gold industry

Major world refiners are on LBMA Good Delivery List, which means their bars have been accredited by LBMA as meeting the exacting standards for trading on the gl...

Twelve cannabis store applicants disqualified for not submitting documents

The Alcohol and Gaming Commission of Ontario held a lottery for the right to apply for one of the next 42 cannabis store licences earlier this month. Niagara ...

Analysts Cut Oil Price Forecasts Due to Fears Over Economy, Trade

The WTI Crude Oil market has tried to rally during the week, but then broke down at the same $57 area to turn around and form a less than impressive candlesti...

Icra sacks CEO over high rating to IL&FS

While ICRA did not specify the reasons for the move, the decision had come at a time when credit rating agencies were under a cloud following the collapse of ...

India announces series of mergers of state-run banks

This is a big positive for state-run banks. Of these, the merger of Punjab National Bank with Oriental Bank of Commerce and United Bank will create the second...

Strong consumer spending propping up US economy

Consumer outlays for goods and services, which account for about 70% of gross domestic product, increased 0.6% during the month after a 0.3% June advance, Comme...

Dell Technologies Shares Soar On Big Q2 Earnings Beat

Even if a company reports a large earnings beat or miss, there is still no guarantee that the stock will move as expected following the results. Many investor...

Virgin Australia to cut 750 management jobs after $349m loss

Virgin Australia has made an announcement stating that the company is cutting 750 head office and corporate jobs, which is to be a part of the firm's new restru...

Glass cooktops recalled because they can turn themselves on

Health Canada reports no injuries related to the malfunction in the country, but, as of August 9, there was one report of cabinet damage. The Whirlpool , Kit...

Ireland's deputy leader accuses United Kingdom of 'wiping slate clean' on Irish issue

Parliament has rejected the Withdrawal Agreement, negotiated by Johnson's predecessor Theresa May and Brussels, three times. The backstop is an insurance poli...

'Cautious optimism': Woolworths' profit soars by 56 per cent

It noted that the Australian economy has slowed to its weakest level since the global financial crisis in 2009, and "despite record low interest rates and stron...

Air Canada ordered to pay $21000 to two francophones over language violations

This week, the Federal Court ordered Air Canada to pay more than $15,000 ($21,000 CAD) and send formal apology letters to a French-speaking couple in Ottawa for...

Toyota buys stake in Suzuki

In March of this year, they also confirmed their planned engagements in joint product development, which would utilize the strengths of each brand: Toyota's ...

Govt banks on big bang mergers as GDP tanks

This was the second set of measures announced by Finance Minister Nirmala Sitharaman to prop up the economy and at least one more is expected next week. He cite...

Trump singles out GM for moving plants to China

Despite their history in Detroit, General Motors now employs fewer union American workers in the city than any of their domestic rivals. By calling attentio...

Exports drive Canada's best quarterly economic growth since 2017

It's the Canadian economy's best quarterly performance since 2017. At 3:59 p.m. the Canadian dollar was trading 0.1 per cent lower at 1.3304 to the greenback,...

General Dynamics wins $7.6B USA government cloud contract

According to the US Defence Department and General Services Administration, the victor of the Defence Enterprise Office Solution (DEOS) will provide email, cale...