News

Tue, 14 Jan 2025 06:30:04 GMT

Ryanair wants two drink policy

Ryanair is urging UK airports to enforce a two-drink limit for passengers. The airline believes this would improve safety for both travelers and crews, following several alcohol-related incidents.

Tue, 14 Jan 2025 03:30:02 GMT

Ex-banker wants to become prime minister

Former central banker Mark Carney is set to run for Liberal Party leader to become Canada's next prime minister, facing Chrystia Freeland and Christy Clark.

Mon, 13 Jan 2025 21:30:03 GMT

Lululemon raises guidance numbers

Lululemon raised its quarter forecast, expecting $3.56B-$3.58B in revenue and $5.81-$5.85 per share profit.

Mon, 13 Jan 2025 18:30:03 GMT

Bezos cancels rocket launch

Blue Origin delayed the New Glenn launch due to "anomalies," postponing it by at least a day.

Mon, 13 Jan 2025 15:30:03 GMT

GSK to acquire biopharmaceutical firm

GSK will pay up to $1.15 billion to acquire IDRx, which is developing a treatment for gastrointestinal tumours.

Mon, 13 Jan 2025 12:30:03 GMT

Tesla launches new Model Y

Tesla launches a new Model Y in China to compete with rivals like Xiaomi.

Mon, 13 Jan 2025 09:30:04 GMT

Trump to meet Putin soon

Donald Trump says a meeting with Putin is being arranged, with no set date. He plans to negotiate an end to the Ukraine war after taking office on January 20.

Mon, 13 Jan 2025 06:30:04 GMT

Country Garden proposes a debt cut

Country Garden proposed an $11.6 billion debt cut and reached an agreement with seven banks ahead of its January 20 liquidation hearing in Hong Kong.

Mon, 13 Jan 2025 03:30:03 GMT

BNP Paribas to use ORACLE

BNP Paribas will use Oracle Exadata Cloud at Customer to enhance security and personalization in its systems.

Fri, 10 Jan 2025 21:30:04 GMT

Chinese stock slide lower

Chinese shares dropped, nearing a bear market, amid rising tensions ahead of Trump's inauguration and U.S. sanctions on Tencent and Contemporary Amperex.

Fri, 10 Jan 2025 18:30:09 GMT

Mercedes-Benz car sales drop

Mercedes-Benz sales fell 3% in 2024, with a 7% drop in China and a 3% decline in Europe, due to weak demand and a tough economy.

Fri, 10 Jan 2025 15:30:03 GMT

Bezos to present his rocket

Jeff Bezos' Blue Origin is launching its New Glenn rocket on Sunday, aiming to challenge SpaceX's dominance in satellite launches after years of development.

Fri, 10 Jan 2025 11:55:05 GMT

Traders are bearish on the UK

Trader confidence in the pound has dropped this week, with bearish bets at their highest since early 2023, due to a bond selloff and concerns over the UK economy.

Fri, 10 Jan 2025 09:30:03 GMT

Retail activity rises in EU

Retail trade in the euro area rose by 0.1% in November 2024, following a 0.3% decline in October. In the EU, retail trade increased by 0.2%, up from a 0.1% drop in October.

Fri, 10 Jan 2025 03:30:04 GMT

Rolls-Royce CEO on Trump

Rolls-Royce CEO Chris Brownridge is cautious about Trump's tariffs but remains confident as business is strong.

Thu, 09 Jan 2025 21:30:03 GMT

Inflation in Egypt decreases

Egypt's inflation eased to 24.1% in December, raising hopes for an interest-rate cut. Food prices fell, and inflation is expected to continue slowing in 2025.

Thu, 09 Jan 2025 18:30:03 GMT

Britain's bond market compared to history

Britain's bond turmoil is compared to the 1970s debt crisis. Experts warn the Labour government may need austerity to address rising debt and reassure markets.

Thu, 09 Jan 2025 16:10:04 GMT

Mercedes-Benz to expand in India

Mercedes-Benz will open 20 new dealerships in India in 2025, targeting smaller cities as young, wealthy business owners embrace luxury.

Thu, 09 Jan 2025 15:30:03 GMT

Iraq Plans to Cut Gas Flaring

Iraq plans to cut gas flaring to 20% by next year and build an LNG import terminal to meet demand.

Thu, 09 Jan 2025 12:30:03 GMT

AT&T will provide bill credits in the future

AT&T announced it will offer bill credits for network outages to attract customers, following significant disruptions in 2024, including a major nationwide service failure in February.

Thu, 09 Jan 2025 09:30:04 GMT

Meta ends fact-checking program

Meta ended its U.S. fact-checking program and eased restrictions on sensitive topics, responding to conservative criticism before Trump's second term.

Thu, 09 Jan 2025 06:30:04 GMT

Lufthansa to acquire Italian airline

Lufthansa is set to acquire a stake in Italian airline ITA on January 13, finalizing years of talks, with the deal expected to close in early 2025.

Thu, 09 Jan 2025 03:30:03 GMT

Trump's proposed tariffs may be passed via economic emergency declaration

President-elect Trump is considering declaring a national economic emergency to justify universal tariffs on allies and adversaries, using the International Economic Emergency Powers Act.

Wed, 08 Jan 2025 21:30:03 GMT

Chinese property developer loses value

Sunac China's shares and dollar notes dropped to their lowest in months, as concerns grow over upcoming interest payments and poor sales, with a $60 million due by March.

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