Business & Finance News
Ryanair chief executive Michael O’Leary on Wednesday dismissed accusations that he bullied and forced out his former operations chief Peter Bellew, telling a court he was a highly paid professional who had failed to deliver.
Saudi Aramco’s bookrunners have recommended pricing its initial public offering at 32 riyals ($8.5) per share, the top of an indicative price range, three sources familiar with the deal said, potentially making it the world’s biggest IPO.
Wall Street’s main indexes rose for the first time in four sessions on Wednesday, following a report that the United States and China were moving closer to signing a ‘phase-one’ trade deal.
U.S. services sector activity slowed more than expected in November amid lingering concerns about trade tensions and worker shortages, which could revive fears about the economy’s health.
Low-cost airline Ryanair trimmed its passenger traffic forecast on Wednesday, saying it would cut summer capacity and an unspecified number of jobs as a result of further delays in returning Boeing’s grounded 737 Max aircraft to service.
Swiss cocoa products maker Barry Callebaut said on Tuesday that 26% of the farmer groups from which it sourced products in 2018/2019 had programs to prevent child labor,
Saudi Aramco’s bookrunners have recommended the oil giant should price its initial public offering at 32 riyals ($8.5) per share, the top of an indicative price range, three sources familiar with the deal said, potentially making it the world’s biggest IPO.
U.S. stocks opened higher on Wednesday after a report that the United States and China were moving closer to signing a ‘phase-one’ trade deal.
Wall Street’s main indexes were on course to snap a three-day losing streak on Wednesday, following a report that the United States and China were moving closer to signing a ‘phase-one’ trade deal.
U.S. private-sector job growth unexpectedly slowed to its weakest pace in six months in November, and goods producers and construction firms cut jobs, a private survey said on Wednesday.
Exercise bike and treadmill maker Peloton Interactive Inc’s latest Christmas advertisement was widely criticized on social media as being “sexist” and “dystopian”.
U.S. President Donald Trump said on Wednesday that trade talks with China were going “very well,” sounding more positive than on Tuesday when he said a trade deal might have to wait until after the 2020 U.S. presidential election.
U.S. President Donald Trump said on Wednesday that Chinese telecommunication firm Huawei was a security risk after NATO said it needed secure next-generation 5G technology.
European stocks recovered on Wednesday from their losses the day before, when U.S. President Donald Trump surprised world markets by saying a trade deal with China could wait until after the 2020 presidential election in November.
Ryanair Holdings Plc said on Wednesday it would receive just half of the planned 20 Boeing 737 MAX aircraft deliveries, leading to closure of two bases and cutting of its summer capacity at other bases, putting jobs at risk.
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