Ryanair cuts 2020 passenger forecast, fearing Boeing MAX delays
Europe’s largest budget airline Ryanair has cut its forecast for passenger numbers next summer, blaming possible further delays in deliveries of Boeing 737 MAX planes.
Europe’s largest budget airline Ryanair has cut its forecast for passenger numbers next summer, blaming possible further delays in deliveries of Boeing 737 MAX planes.
China’s Foreign Ministry said on Tuesday that it was misleading to suggest Beijing needed a trade deal with the United States because its economy was slowing, following a tweet by U.S. President Donald Trump.
French carmaker Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to help soften the blow in key markets.
Shares in German chemicals company Bayer rose 1.8% in early trade on Tuesday after a U.S. judge slashed a damages award Bayer owes a California man who blamed its Roundup weed killer for his cancer.
The Korea Exchange (KRX) said on Tuesday it has decided to impose a 175 million won ($148,655) fine on Bank of America Merrill Lynch’s South Korean unit for irregular trading activities.
South Koreans forced to work for Japanese occupiers will seek a court order to forcibly liquidate Japan’s Mitsubishi Heavy Industries’ assets to compensate them, their lawyers said on Tuesday, risking more Japanese anger over the issue.
British luxury brand Burberry on Tuesday reported a pick-up in first quarter sales after it began shifting more new designs by creative chief Riccardo Tisci into its stores as part of a turnaround plan.
Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record.
Europe’s largest budget carrier Ryanair has cut its forecast for growth in traveler numbers next summer due to the possibility of further delays in deliveries of Boeing 737 MAX planes.
Sweden’s Husqvarna reported on Tuesday a slightly smaller increase than expected in second-quarter operating profit as savings and price hikes helped offset subdued demand due to a slow start of the gardening season.
Most Asian stock markets rose on Monday, but gains were limited as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely U.S. rate cut later this month.
Australia’s competition watchdog said https://www.accc.gov.au/media-release/vodafone-to-compensate-customers-over-direct-carrier-billing-charges on Tuesday Vodafone had admitted that it misled thousands of customers for five years by charging them for digital content they bought unknowingly from the telecom company’s third-party billing service.
Experian, the world’s biggest credit data company, reported a 4% rise in revenue on Tuesday, owing to strong demand for its products in North America, its biggest market, and reiterated its outlook for the year.
Tesla Inc has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the U.S. electric vehicle maker reported record deliveries.
Oil prices were steady on Tuesday after falling in the previous session as output in the U.S. Gulf of Mexico resumed after Hurricane Barry swept through over the weekend and as U.S. shale production is expected to rise to a record.
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