Business & Finance News
Ryanair boss Michael O’Leary slammed Britain’s aviation regulator on Tuesday, saying its soft licensing rules contributed to the chaos around Thomas Cook’s bankruptcy.
Tesla Inc’s electric Model 3 remained Norway’s top-selling vehicle in the third quarter even as sales of the car declined from earlier in the year, registration data showed on Tuesday.
The dollar climbed to a 29-month high on Tuesday as a blizzard of soft global data left the U.S. economy as the only one still looking reasonably healthy.
Credit Suisse cleared CEO Tidjane Thiam of ordering a surveillance of former wealth management head Iqbal Khan, but said his right-hand man has resigned over the botched spying case that severely damaged the bank’s reputation.
U.S. stock index futures gained on Tuesday ahead of the release of manufacturing data as investors looked for fresh signs of domestic demand in the world’s largest economy amid softening global growth.
Ford Motor Co and Mahindra & Mahindra will form a joint venture company in India valued at $275 million that will develop, market and distribute Ford branded vehicles in the country, the two companies said on Tuesday.
Facebook Inc, Amazon.com Inc and Alphabet Inc’s Google will face a congressional inquiry on how the big technology companies may be damaging the competitive landscape for small businesses, Bloomberg reported on Tuesday.
A Fiat Chrysler worker died overnight in an accident at the group’s factory in Cassino, central Italy, prompting unions to launch a strike at the plant to demand tighter safety measures, officials said on Tuesday.
GE Renewable Energy has been chosen as preferred supplier to provide turbines for Britain’s Dogger Bank offshore wind project being developed by SSE and Equinor , the companies said on Tuesday.
Comcast Corp , one of America’s largest media and communications companies, is wading into the epic regulatory pile-on against big tech companies such as Google, according to people familiar with the matter.
The dollar bulldozed almost everything in its path on its way to a 29-month high on Tuesday, as a blizzard of soft global data left the U.S. economy as the only one still looking in reasonable health.
Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept a lid on gains.
Ryanair will wait until the next turn of the cycle before it can place an order for more Boeing or Airbus jets at cheaper prices, Chief Executive Michael O’Leary said on Tuesday.
Turkey’s Tourism Advisory Council said on Tuesday it estimates that Thomas Cook owes the local sector more than 350 million euros ($381.08 million), adding that it was impossible for the amount to be re-paid in the short- and medium-term.
The possibility of a fiscal crisis is the biggest risk to doing business globally, according to a survey of World Economic Forum business leaders published on Tuesday, though there were strong regional differences in views of the biggest risk.
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