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Airbus Set to Pass Boeing in Jetliner Production, Amid 737 MAX Grounding Airbus SE EADSY 1.49% posted strong adjusted earnings growth Tuesday but played down the prospect of immediate market-share gains from rival Boeing Co.'s BA -0.46% 737 MAX woes that have put the European aerospace giant on pace to regain the ...
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StanChart Plans $1 Billion Buyback for First Time in 20 Years Standard Chartered Plc is buying back ordinary shares for the first time in more than 20 years as Chief Executive Officer Bill Winters seeks to put misconduct and profitability woes behind the Asia focused lender. The $1 billion purchase plan comes weeks ...
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Huawei Backdoors Found By Vodafone, Risking Unauthorized Access To Network On Tuesday, Vodafone, Europe's largest phone company, "acknowledged that it found vulnerabilities going back years with equipment supplied by Huawei for the carrier's Italian business." This will cast even more doubt on the decision taken by the U.K. to ...
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Apple supplier AMS surges 20% as it diversifies to Android phones Shares of chipmaker AMS jumped more than 20% Tuesday morning after the Austrian group posted an upbeat outlook for the second quarter, amid rising demand for its 3D optical sensors in Android smartphones. AMS is known as the supplier of Apple's ...
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Teens say they don't vape, they Juul, making e-cigarette use hard to track A language gap is making it harder for U.S. health officials to measure a teen-vaping epidemic. For some young people who use the popular vaping device sold by Juul Labs, "Juuling" is a verb in its own right. Antitobacco groups and health officials worry that ...
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UK watchdog fines KPMG and partners on auditing of insurer LONDON (Reuters) - The Financial Reporting Council (FRC) has fined auditor KPMG and some of its partners for the auditing of motor vehicles insurer Equity Syndicate Management (ESM) Limited. KPMG has been fined 6 million pounds, its partner Mark ...
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Australia's Nine media sells 170 newspapers for $81 million CANBERRA, Australia — A major Australian media company announced on Tuesday it has agreed to sell 170 regional and rural newspapers for 115 million Australian dollars ($81 million). Nine Entertainment said it signed an agreement to sell the ...
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Tim Hortons sales numbers fall short as RBI earnings miss Restaurant Brands International, the Toronto-based parent company of Burger King, Tim Hortons, and Popeyes Louisiana Kitchen, reported disappointing systemwide sales growth for the first quarter ended March 31 of 2.8%, down from 6.4% the year prior, ...
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UPDATE 1-St. James's Place posts record assets after Q1 inflows, market gains ... * Funds under management up 8.3 pct since end-2018. * Market gains of 5.8 bln stg in quarter. * Net inflows of 2.2 bln stg driven by pensions (Adds detail from statement, share reaction, bullet points). By Simon Jessop. LONDON, April 30 (Reuters) - British ...
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Chewy.com hopes to overcome gnawing Wall Street memories NEW YORK — PetSmart's online pet store Chewy is selling its stock in an initial public offering that may revive memories of the days when its breed of internet retailing seemed like a lost cause. The Dania Beach, Florida, company is setting out to raise $100 ...
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Bidding war for Anadarko now includes allegations of insider trading A federal judge on Monday added another twist in the battle to acquire Anadarko Petroleum when he froze the assets of two unknown traders accused of using insider information to profit from the recent announcement of Chevron's proposed $33 billion deal ...
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Facebook is working on an entirely new business, and we're about to learn more on what it has planned Facebook's annual F8 developer conference beginning on Tuesday promises to put a focus on the company's messaging apps as the social network shifts toward privacy. CEO Mark Zuckerberg announced in March that the future of Facebook lays in private ...
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INM agrees sale for €146m to Belgian media group The board of Independent News and Media has agreed a sale to Belgian newspaper group Mediahuis for €145.6m. The INM board has unanimously recommended the offer, which is conditional on acceptance by shareholders. Independent News and Media ...
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The ATO extends data matching to cryptocurrency Image: Getty Images. ×. istock-cryptocurrency-coins.jpg. The Australian Taxation Office (ATO) will now have oversight over the digital currency held by Australians, with the overarching idea being to ensure that individuals in possession of cryptocurrency are ...
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Leisure group Whitbread posts 40 per cent fall in full-year profit Whitbread, the leisure company behind Premier Inn hotels, blamed weak UK hotel demand and Brexit uncertainty on slow growth as it reported its first full-year numbers following the sale of Costa Coffee to Coca-Cola last year. The FTSE 100 company said on ...
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Westpac profit hit reaches $617m after fresh compensation costs Westpac's profits will take a $617 million hit from customer compensation in the first half, after the bank revealed a fresh provision of more than half a billion dollars linked to over-charging by advisers. The bank on Wednesday said its half-year results, to be ...
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Amazon starts hiring for HQ2, plans to grow to 400 in Northern Virginia by end of year Virginia Gov. Ralph Northam welcomes Amazon. (GeekWire Photo / Monica Nickelsburg). Amazon HQ2 is accepting applications. The Seattle tech company posted five job listings over the weekend for its new Arlington, Va. campus. The first openings at ...
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Spokane pushes Lime Bikes off sidewalks, into road and bicycle lanes SPOKANE, Wash. — With Lime bikes and scooters coming back to Spokane for a second season, riders will be sharing the road with motorists. In a March council meeting, the city decided to move the bikes and scooters from the sidewalks to the roads. Riders ...
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The Week In Dallas Beer: Star Wars Day, Cinco De Mayo and a Party That Celebrates Both On Tuesday night, head to Community Brewery for their annual seafood boil. A $75 ticket gets you all-you-can-eat crawfish, shrimp, jambalaya, corn muffins, potatoes, salad and slaw, along with two drink tickets. There's also a cornhole tournament and an ...
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Just Group chief executive quits after turbulent year Rodney Cook has quit as chief executive of Just Group after a turbulent year for the life insurance company. Mr Cook said on Tuesday he was stepping down immediately to plan his retirement after nine years with the company. David Richardson, deputy chief ...
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Momo Shares Slide as Chinese Government Swipes Left on Dating App The Chinese government has apparently swiped left on Chinese dating app Momo. Shares of Chinese dating app Momo Inc. (MOMO - Get Report) , also known as "China's Tinder," plunged Monday after the company announced that some Chinese app ...
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Share Market Live: Sensex falls 166 points, Nifty below 11700; YES Bank stock tanks 27% Benchmark indices Sensex and Nifty started on a negative note today amid mixed Asian markets. While Sensex fell 293 points to 38,781 with 15 components in the red, Nifty lost 88 points to 11,666. YES Bank share price tanked over 27% in early trade after ...
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Glencore cuts guidance for key DRC copper and cobalt mine Glencore has said production from the Kamoto copper and cobalt project in the Democratic Republic will be lower than expected this year as its look to improve the performance of the mine. The Swiss miner and commodity trader said Katanga Mining, ...
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$1 trillion technology rally keeps on rolling For technology stocks, the superlatives are endless this year. But rather than take profits and run, investors are flooding the space. The sector is outperforming every other industry. In 17 weeks, only one has seen technology finish in the red. And more than $1 ...
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Late Easter sunshine heats up grocery market The latest grocery market share figures from Kantar show total year-on-year sales increased by 2.0% during the 12 weeks to 21 April 2019. Bolstered by a record-breaking £2.5 billion spent during the Easter week, this is the fastest rate of growth the overall ...
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The new Land Rover Defender has now done over a million km in testing It's not launched yet but already the UK's most eagerly-awaited new car is earning its keep in remote parts of Africa. What else could it be but the reborn Land Rover Defender? Today, April 30th, is the 71st anniversary of the Series I's world debut at the ...
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YES Bank share price loses 27% on surprise Rs 1506-crore net loss in Q4 YES Bank share price tanked in early trade today after the private sector lender reported a surprise loss of Rs 1,506 crore net loss for the March quarter as against a profit of Rs 1,179 crore in the year-ago period as provisions soared over nine-times. A series ...
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Bakkt acquires custodian DACC as it builds out its own solution for storing cryptocurrencies Crypto exchange Bakkt is stepping up its game in becoming a serious player in the bitcoin exchange business. The Intercontinental Exchange (ICE) backed venture announced on Monday that it has acquired Digital Asset Custody Company (DACC), ...
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Melbourne Express, Tuesday, April 30, 2019 Almost 16 degrees in the city now ahead of a sunny top of 22. Get out and enjoy the sun today - the rains are coming. Major delays now on the Werribee and Williamstown lines. Minor delays elsewhere. See their website for more details. Victorian Parliament ...
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Biodegradable bags could survive more than 3 years in soil: study Biodegradable and compostable plastic bags are still capable of carrying full loads more than three years after being exposed to the natural environment, a new study has found. Researchers at the University of Plymouth studied the degradation of five plastic ...
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