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Ryanair Irish pilot union to decide on strike ballot next week

July 20, 2019 by  
Filed under News

Members of Ryanair’s Irish pilot union are to decide next week whether to join British colleagues in holding a ballot on strike action, according to a memo distributed to members.


Source: Reuters Business News

CBS stations go dark for DirecTV customers amid contract dispute with AT&T

July 20, 2019 by  
Filed under News

CBS Corp and AT&T Inc failed to renew their contact, resulting in millions of DirecTV subscribers losing access to CBS programming.


Source: Reuters Business News

Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paper

July 20, 2019 by  
Filed under News

Carlos Ghosn has launched a court case in the Netherlands against Japanese carmakers Nissan Motor and Mitsubishi Motors , who ousted him as chairman of their alliance last year on charges of embezzlement, Dutch newspaper NRC reported on Saturday.


Source: Reuters Business News

China Southern Airlines to receive $4 billion capital injection

July 19, 2019 by  
Filed under News

China Southern Airlines will carry out an equity diversification plan that will involve the injection of 30 billion yuan ($4.36 billion) of capital from three investors, the firm announced on Saturday.


Source: Reuters Business News

American Airlines-Qantas joint venture wins final U.S. approval

July 19, 2019 by  
Filed under News

The U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016.


Source: Reuters Business News

Global stocks up on Fed rate cut hopes, Microsoft results; dollar bounces

July 19, 2019 by  
Filed under News

A gauge of global stocks climbed on Friday as investors looked for a strongly dovish U.S. Federal Reserve at its next meeting and as early returns on earnings season have come in better than anticipated.


Source: Reuters Business News

BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone

July 19, 2019 by  
Filed under News

BlackRock Chief Executive Larry Fink said on Friday the European Central Bank will need to purchase equities to stimulate Europe’s economy, and that leaders should find ways to have investors embrace an “equity culture” there.


Source: Reuters Business News

BlackRock profit misses estimates, hit by lower fees for lending stocks

July 19, 2019 by  
Filed under News

BlackRock Inc , the world’s largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks.


Source: Reuters Business News

Oil steadies as Middle East tensions counter demand worries, set for weekly fall

July 19, 2019 by  
Filed under News

Oil prices steadied on Friday after steep losses in the previous session, supported by rising tensions between the United States and Iran, but weighed by concerns slowing economic growth could dent global oil demand.


Source: Reuters Business News

U.S. to grant final approval to American Airlines-Qantas joint venture: sources

July 19, 2019 by  
Filed under News

The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016, two people briefed on the matter told Reuters.


Source: Reuters Business News

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