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  • [ May 9, 2025 ] Next Super Stock: Snow Lake Energy (NASDAQ: LITM) “District Scale” Pine Ridge URANIUM Project CEO Interview
  • [ May 9, 2025 ] Core Gaming’s (NASDAQ: SYTA) AI COMIC Transforms Game Asset Creation with Breakthrough AI Visual Technology Newsmakers
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Home2019October

Month: October 2019

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Business News

Ryanair boss blames ‘deficient’ licensing for Thomas Cook chaos

October 1, 2019 admin Comments Off on Ryanair boss blames ‘deficient’ licensing for Thomas Cook chaos

Ryanair boss Michael O’Leary said Britain’s Civil Aviation Authority was partly to blame for the chaos surrounding Thomas Cook’s bankruptcy and should make tougher licensing demands to prevent airline collapses stranding passengers.

…read more […]

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As Draghi leaves ECB, his opponents get chance to turn the tables

October 1, 2019 admin Comments Off on As Draghi leaves ECB, his opponents get chance to turn the tables

Mario Draghi leaves the European Central Bank at the end of the month, and that may give opponents of his ultra-easy monetary policy a chance to shift the tone of the debate at the top of the institution.

…read more […]

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TSMC counter-sues U.S. chip rival GlobalFoundries for patent infringement

October 1, 2019 admin Comments Off on TSMC counter-sues U.S. chip rival GlobalFoundries for patent infringement

Apple Inc supplier TSMC has counter-sued smaller contract chipmaking rival GlobalFoundries Inc in the United States, Germany and Singapore, saying the U.S. firm has infringed 25 of its patents.

…read more […]

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Factbox: European airline collapses since 2017

October 1, 2019 admin Comments Off on Factbox: European airline collapses since 2017

Adria Airways is the latest in a string of airlines to have folded in the past few years, leaving thousands of passengers stranded in airports, with a knock-on effect on related industries such as hospitality.

…read more […]

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Credit Suisse clears CEO Thiam of spying on star banker

October 1, 2019 admin Comments Off on Credit Suisse clears CEO Thiam of spying on star banker

Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam of ordering the botched surveillance of the bank’s former wealth management head Iqbal Khan, but said its chief operating officer had resigned to take responsibility.

…read more […]

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Danske Bank closes down its banking activities in Estonia

October 1, 2019 admin Comments Off on Danske Bank closes down its banking activities in Estonia

Danske Bank said its Estonian business had entered into liquidation on Tuesday after the country’s financial regulator in February ordered it to close its branch at the center of one of the largest ever money laundering scandals.

…read more […]

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Credit Suisse chairman apologizes to Khan for surveillance

October 1, 2019 admin Comments Off on Credit Suisse chairman apologizes to Khan for surveillance

Credit Suisse Chairman Urs Rohner apologized to the bank’s former wealth management head Iqbal Khan for an “inappropriate surveillance operation” ordered by the bank’s chief operating officer, who had to step down.

…read more […]

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WPP poaches Sainsbury’s Rogers to be finance chief

October 1, 2019 admin Comments Off on WPP poaches Sainsbury’s Rogers to be finance chief

WPP , the world’s biggest advertising company, has poached John Rogers, the boss of retailer Sainsbury’s Argos business, to be its new finance director, taking over from the outgoing Paul Richardson in early 2020.

…read more […]

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Asian shares firm as investors stay hopeful on U.S.-China disputes

October 1, 2019 admin Comments Off on Asian shares firm as investors stay hopeful on U.S.-China disputes

Asian share prices ticked up on Tuesday as some investors clung to hopes the fourth quarter will bring progress in resolving the United-States trade war that’s cast a shadow over the global economy.

…read more […]

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Credit Suisse clears CEO of ordering surveillance of star banker, COO to depart

October 1, 2019 admin Comments Off on Credit Suisse clears CEO of ordering surveillance of star banker, COO to depart

Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam of the botched surveillance of the bank’s former wealth management head Iqbal Khan in an internal investigation that cost Thiam’s right-hand man his job.

…read more […]

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UK accounting watchdog examining EY audit of Thomas Cook

October 1, 2019 admin Comments Off on UK accounting watchdog examining EY audit of Thomas Cook

Britain’s Financial Reporting Council has started an investigation into accountant EY’s audit of Thomas Cook, the travel company that collapsed last month leaving tens of thousands of holiday-makers stranded abroad.

…read more […]

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Credit Suisse clears CEO in spying probe, COO Bouee to go

October 1, 2019 admin Comments Off on Credit Suisse clears CEO in spying probe, COO Bouee to go

Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam in an internal investigation into the botched surveillance of the bank’s former wealth management head Iqbal Khan in a probe that cost Thiam’s right-hand man his job.

…read more […]

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Major U.S. investors have billions at risk in Chinese stocks

October 1, 2019 admin Comments Off on Major U.S. investors have billions at risk in Chinese stocks

Major U.S. fund managers have tens of billion of dollars at stake in some of the most popular Chinese stocks on Wall Street, exposing them to potential losses should the White House move to delist Chinese firms from U.S. exchanges.

…read more […]

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Oil prices recover after output from U.S., Russia, OPEC drop

October 1, 2019 admin Comments Off on Oil prices recover after output from U.S., Russia, OPEC drop

Oil prices rebounded on Tuesday on reports that production at the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns continued to keep a lid on prices.

…read more […]

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UK to fly back 7,000 people as Thomas Cook repatriation efforts enter second week

October 1, 2019 admin Comments Off on UK to fly back 7,000 people as Thomas Cook repatriation efforts enter second week

Britain’s Civil Aviation Authority on Tuesday said 39 flights are scheduled to bring back a further 7,000 people to the country after the Thomas Cook collapse, as the operation enters its second week.

…read more […]

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