Economy

Airbus hit by military plane issues

Airbus said recent problems with engine gearboxes and delays in supplying defensive aids had led to severe penalties, bureaucratic arguments and cash being held...


Sunday penalty rates out

Reaching the same conclusion from the evidence, the Productivity Commission two years ago recommended cutting Sunday penalty rates of 200 per cent in retail ...


Miami one of the world's worst cities for traffic congestion, study finds

That comes out to about $1,400 per driver. The average driver spent 21.6 hours sitting in traffic during peak commuting times all of previous year in Las Vega...


Popeyes sells for $1.8 billion to Burger King, Tim Hortons parent company

The new offer is said to be mostly cash, with little shares involved. While both Restaurant Brands worldwide and Popeye's refused to comment on the merger r...


Jay Z is Launching His Own Venture Capital Fund

Snoop Dogg is said to have put his money in several weed endeavours which include Merry Jane, LeafsBySnoop, FunkSac and Eaze, while Will Smith invested in men...


United Kingdom economy grew less quickly than first estimated in 2016

The figures are likely to reinforce finance minister Philip Hammond's view that there is no case right now to borrow more to help the economy when he announces ...


Le Pen meets Lebanese PM Hariri

Ms Le Pen was born into the National Front party as the youngest daughter of long-time president Jean-Marie Le Pen . French law bans headscarves in the pub...


Flows of major weapons 'highest since Cold War'

In terms of buying weapons, India is now the largest importer. Russian Federation accounted for a 23 per cent share of global exports in the period between 20...


Former Cardinals WR Michael Floyd pleads guilty to Extreme DUI

A video obtained by TMZ showed police officers trying to awaken Floyd just before 3 a.m.in his vehicle at an intersection while the engine was running. Floyd,...


James Beard Award semifinalists: 6 Arizona chefs, restaurants nominated for 2017 awards

Miami, however, was shut out of the Outstanding Bar Program, Outstanding Pastry Chef, and Outstanding Chef awards, though Andrew Carmellini (The Dutch) was nomi...


Cisco Systems, Inc. (NASDAQ:CSCO) reports higher than expected quarterly revenue

When it comes to the Analysis of a Stock, Price Target plays a vital role. On average, analysts anticipate that Cisco Systems, Inc . will post $2.37 EPS for th...


Senate Investigation of Trump, Flynn and Russia Moving Forward

The US Justice Department had warned the Trump administration last month that Mr Flynn was vulnerable to blackmail by Russian Federation. After finding eviden...


USA bridges structurally deficient; 900 in Texas

The state has already identified 4,075 bridges that need fix, which comes with a price tag of $12 billion. The inventory of structurally deficient bridges onl...


Sonos hikes United Kingdom prices by 25% due to effects of Brexit

In some cases, prices are increasing as much as 25%, and when we're talking about the high-end, that kind of jump can hurt. The reason, of course, is the dram...


JC Penney Company Inc (JCP) Moves on Morgan Stanley Upgrade

In the last 27 earnings reports, the company has topped earnings-per-share estimates 58% percent of times. Institutional investors and hedge funds own 85.70% of...


Teva Claws Its Way Back With Earnings, Revenue Beat

Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 16.16. eBay Inc...


China January exports rise 7.9 percent, beating forecasts

Customs is due to release updated data for trade on February 23. Exports rose to $182.8 billion in January, Customs said, beating the 3.2 percent forecast in ...


'Fifty Shades Darker' Lacks Chemistry, Pretends to Have Meaningful Plot

While at dinner they talk about where their relationship needs to be before Anastasia would even consider reconnecting. Feeling that love between them might be ...


Nvidia enjoys enviable Q4 2016 and fiscal 2017 growth

Columbus Circle Investors increased its stake in shares of NVIDIA Corporation by 22.2% in the second quarter. The stock appeared $120.92 above its 52-week hig...


Fall in sterling drives down profits at Ryanair

The airline added that, looking to its 2018 financial year, pricing will continue to be "challenging" in a very competitive budget carrier market, but it intend...


If you want to kill the solid jobs recovery, repeal Dodd-Frank

The initiative aims to scrap parts of the so-called Dodd-Frank law, which backers say is aimed at curbing the actions of the finance sector that led to the "Gre...


Japan Manufacturing Sector Accelerates In January - Nikkei

The upturn in PMI reflected strong rates of output and new order growth in January, alongside a sustained rise in staffing levels. The final Markit/Nikkei Jap...


DHS chief wants border wall done in 2 years

He also laid out a rough timeline for the massive project, saying he hoped the wall would be completed within the next two years. Kelly said that protecting t...


Fed keeps interest rates steady, doesn't indicate when next raise may come

The Fed said in a statement ending its latest policy meeting that the job market has continued to strengthen, inflation has climbed closer to its 2 percent targ...


Peter Thiel citizenship file released

While some Americans had voiced an interest in escaping to New Zealand, at the bottom of the Pacific and with six times as many sheep as people, if Donald Tru...


Judge Blocks Order To Detain Green Card Holders At Dulles

Scott asked Dulles authorities whether any individuals affected by Trump's executive order were still in detention by that point, or if any had been transferr...


After talks, Mexico says at 'impasse' with Trump over wall payment

The discussion capped a week that saw relations between the neighboring nations plunge into the biggest diplomatic crisis in decades as Pena Nieto vowed that Me...


Revenues From Google's Cloud, Hardware And Play Units Grow in Q4

Porat also said Google had "only begun to scratch the surface" with newer forms of advertising such as mobile search, YouTube and automated ad buying. Google's ...


Trump and May renew 'most special' US-Britain bond

May said she supported Trump's "reform agenda" to make North Atlantic Treaty Organisation and the United Nations " more relevant and purposeful than they are...


Baker Hughes Incorporated (BHI) Releases Earnings Results, Misses Expectations By $-0.17 EPS

NN Investment Partners Holdings N.V. boosted its position in shares of Baker Hughes by 115.9% in the fourth quarter. For the Current Quarter, the growth est...


Diageo posts solid results, driven by USA spirits sales

A positive mix in the region also led to gross margin expansion, which together with marketing efficiencies and lower overheads delivered a 6% organic profit gr...


Australian Inflation lower than expected

The annual inflation rate hasn't been within the RBA's target band since the September quarter of 2014. The strengthening global growth outlook is a positive fo...


In wake of presidential election, home sales fell in Chicago

Existing home sales for the month of November were upwardly revised by 40,000 to 5.65 million. "Higher mortgage rates and home prices, combined with record-lo...


Kim Kardashian and Kendall Jenner land roles in all-female Ocean's Eight

The reality TV stars will appear in a scene involving the Met Gala in New York City in the film, which is now in-production in the city. Kylie Jenner was also s...


US Stocks Close Lower After Trump's Dollar Comments

The Dow slid 58.96 (-0.30 percent) to finish at 19,826.77. Further, it's unclear any such policy would be effective in a market as massive as the one that exi...