Markets
Killed In California Plane Crash
The parking lot is shared by a CVS pharmacy, a Wells Fargo Bank branch, and a Michaels art-supply store among others. The twin-engine Cessna plane crashed in Santa Ana, and had been bound to John Wayne Airport in Orange County, said Capt. [Full Article...]
British Airways owner IAG warns of impact from strikes in France
This was due to negative currency moves and a 20m euro hit at Vueling from disruption caused by French Air Traffic control strikes, IAG said. Earnings after taxation flew to 1.4 billion euros ($1.6 billion) in the first six months of 2018 compared with 607 million euros a year earlier, IAG said in a results statement. [Full Article...]
RBS Q2 Profit Drops; Intends To Declare Interim Dividend Of 2p/shr
The interim dividend will be 2p per share, though the timing of the payout is subject to the finalisation of its U.S. settlement. It said it expected the deal with the Department of Justice to be finalised within months, paving the way for the dividend to be paid out. [Full Article...]
Canada enjoys lowest trade deficit since January 2017
The difference between Canada's exports and imports narrowed from a negative $2.7 billion in May to $626 million in June, the smallest deficit since January 2017, fuelled by an increase in the value of total exports of 4.1 per cent while imports edged down 0.2 per cent, Statistics Canada reported Friday. [Full Article...]
Ryanair pilots say yes to fifth stoppage
Ryanair's call for talks with its Ireland-based pilots' union Forsa over labour disputes has been rejected, said the airline on Thursday. Ryanair - whose pilots in Sweden, Belgium and the Netherlands have already voted for industrial action - did not respond to media for immediate comment. [Full Article...]
United States employers add 157,000 jobs, jobless rate hits 3.9 per cent
The unemployment rate fell one-tenth of a point to 3.9% in July, even as more people entered the labour force in a sign of confidence in their job prospects. "'Help Wanted' is still the most prevalent signage you'll see in an industrial park". "But we are getting very modest wage inflation". "There is such a thing as slack in labor markets being removed and scarcity puts upward pressure on prices ... [Full Article...]
Foodora stops food delivery services in Australia
In a statement, Foodora Australia manager, Jeroen Willems said it had been a privilege to bring the food people loved right to their doors. The government agency said the delivery service breached Australian laws by misrepresenting to the trio that they were independent contractors when they were in fact employees of Foodora . [Full Article...]
Present Performance: Tesla, Inc. (NASDAQ: TSLA)
The firm purchased 643 shares of the electric vehicle producer's stock, valued at approximately $221,000. The institutional ownership stake in the corporation is 76.50%. Tesla had a negative return on equity of 40.72% and a negative net margin of 18.77%. The cost of selling goods last quarter was 2.95 billion, yielding a gross basic income of 462.33 million. [Full Article...]