Fears lurking everywhere from Syria to how US govt is going to pay its bills. Will this attract the bears or QE3 can still push the market higher even if it is smaller? Most importantly, how can you take advantage of this market in order to make profits out from it? Is it time to […]
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BBC News – Business- Iran seizes British tanker in Strait of HormuzA second tanker is now back on its way after it was boarded by armed guards in the Strait of Hormuz.
- Algae bio-curtains: Architects' radical solution to capture carbonScientists and architects in London have developed 'bio-curtains' to act as an alternative to urban trees.
- HS2: High-speed line cost 'could rise by £30bn'The boss of the new high-speed rail link has reportedly warned the project will exceed its £56bn budget.
- Pound sterling: 5 holiday destinations where a weak pound still goes farThe pound may be falling, but there are still plenty of places it goes a long way. We look at five.
- Public sector workers 'to get above-inflation pay rise'Dentists, teachers and police officers are reportedly to get pay increases of between 2% and 2.9%.
- Boeing takes $5bn hit over grounding of 737 MaxThe charge will wipe out profits, but Boeing says it hopes the aircraft will resume flying this year.
- Tesco raises prices on 1,000 productsThe retail giant says it held off raising prices for as long as it could, and insists it is still competitive.
- Workers could get compensated for cancelled shiftsThe plan is part of a package of measures aimed at improving the rights of low-paid flexible workers.
- BritBox: ITV and BBC set out plans for new streaming serviceShows like Love Island, Gavin & Stacey and Victoria will be on ITV and the BBC's streaming service.
- YouTube: 'We don't take you down the rabbit hole'In his first interview, YouTube's UK managing director defends the platform's algorithms.
- Iran seizes British tanker in Strait of Hormuz
- Reuters: Business News
- Ryanair Irish pilot union to decide on strike ballot next weekMembers of Ryanair's Irish pilot union are to decide next week whether to join British colleagues in holding a ballot on strike action, according to a memo distributed to members.
- CBS stations go dark for DirecTV customers amid contract dispute with AT&TCBS Corp and AT&T Inc failed to renew their contact, resulting in millions of DirecTV subscribers losing access to CBS programming.
- Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paperCarlos Ghosn has launched a court case in the Netherlands against Japanese carmakers Nissan Motor and Mitsubishi Motors , who ousted him as chairman of their alliance last year on charges of embezzlement, Dutch newspaper NRC reported on Saturday.
- China Southern Airlines to receive $4 billion capital injectionChina Southern Airlines will carry out an equity diversification plan that will involve the injection of 30 billion yuan ($4.36 billion) of capital from three investors, the firm announced on Saturday.
- American Airlines-Qantas joint venture wins final U.S. approvalThe U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016.
- White House to host meeting with tech executives on Huawei ban: sourcesWhite House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China's Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday.
- Equifax nears deal to pay about $700 million to settle U.S. data breach probes: WSJCredit reporting company Equifax Inc is close to a deal to pay around $700 million to settle data breach probes with U.S. regulators and states, the Wall Street Journal reported on Friday, citing people familiar with the matter.
- Ford to lay off around 200 workers at Canadian plantFord Motor Co will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the company said on Friday.
- Four Republican lawmakers ask Trump to move forward with $10 billion Pentagon cloud contractFour Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.
- Wall Street falls as Fed signals smaller rate cutWall Street's main indexes fell on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month.
- Ryanair Irish pilot union to decide on strike ballot next week