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Finance

Ryanair pilots based in Portugal have announced strike action in the run-up to Christmas. Similar moves are afoot in Italy and Portugal, and possibly Germany , as pilots push for better conditions at the budget airline. "Management's failed negotiating model has let down shareholders and tens of thousands of passengers, whose flights were cancelled this year because company-controlled industrial relations proved incapable of recruiting and retaining enough pilots".
  • Rising US output threatens global oil market balance

    Rising US output threatens global oil market balance

    Finance

    Improved well efficiency and increased investment in US tight oil prompted OPEC to expect the momentum to continue in 2018. On the New York Mercantile Exchange crude futures for January delivery rose 0.35% to $56.80 a barrel, while on London's Intercontinental Exchange, gained 0.29% to $62.88 a barrel.
  • Years Ago, Wine Glasses Were Seven Times Smaller Than Today

    Years Ago, Wine Glasses Were Seven Times Smaller Than Today

    Finance

    Additionally, a different Cambridge study published a year ago found that increasing the size of wine glasses boosted sales, even when the portion size remained the same. The Industrial Revolution saw a rise in automated glassmaking during the Victorian era, which also increased production and decreased prices. Wine glasses started to be tailored in both shape and size for different wine varieties , both reflecting and contributing to a burgeoning market for wine appreciation, ...
  • Facebook: Little sign Russian Federation had Brexit vote sway

    Facebook: Little sign Russian Federation had Brexit vote sway

    Finance

    Facebook's investigation examined pages it identified as being run by the Internet Research Agency, a troll army based in St Petersburg that has ties to the Kremlin. A Twitter spokesman declined to answer additional questions we put to it, including asking for its analysis of the reach of the six ads - and whether or not it's also investigating non-paid Russian-backed content (i.e.
  • Disney will buy some 21st Century Fox assets for $52.4 billion

    Disney will buy some 21st Century Fox assets for $52.4 billion

    Finance

    The deal is likely to come under the scrutiny of regulators in the USA, where Disney and Fox together account for two in every five cinema tickets sold. Earlier, the Financial Times had reported Fox CEO James Murdoch, son of Rupert Murdoch, had been "suggested" during talks as a possible successor to Iger when he eventually retires.
  • Gremio beat Pachuca to book place in FIFA Club World Cup final

    Gremio beat Pachuca to book place in FIFA Club World Cup final

    Finance

    Urawa , which went down 1-0 to Al Jazira in a quarterfinal clash last weekend, ended its second Club World Cup appearance in fifth place. "We played football and we started to create more chances in the second half". "But I'm delighted, I need to congratulate my players". Earlier, Japan's Urawa Reds claimed fifth place as two goals from Mauricio steered the Asian Champions League winners to a 3-2 victory over African champions Wydad Casablanca .
  • Oil prices settle down, but still higher on North Sea outage

    Oil prices settle down, but still higher on North Sea outage

    Finance

    The flawless storm of a healthy appetite from China, a decline in global inventories and a major North Sea pipeline outage sent oil prices higher on Tuesday. USA crude oil stockpiles fell by 5.1 million barrels in the week to December 8, the fourth consecutive week of decline, to 442.99 million barrels, the lowest since October 2015.
  • CBA admits some guilt ahead of court case

    CBA admits some guilt ahead of court case

    Finance

    The Commonwealth Bank of Australia (CBA) has confirmed its accountability for more than 53,000 beaches of money laundering and counter-terrorism laws in a defence case provided to the Australian Transaction Reports and Analysis Centre (AUSTRAC), but continues speaking out in defence of its conduct.
  • Trade Lifting Developing Asia's Growth as ADB Upgrades GDP Forecast

    Trade Lifting Developing Asia's Growth as ADB Upgrades GDP Forecast

    Finance

    With this growth pace, the government is confident the economy is on track to meeting the full-year target range of 6.5 percent to 7.5 percent this year. "Developing Asia's growth momentum, supported by recovering exports, demonstrates that openness to trade remains an essential component of inclusive economic development", said Yasuyuki Sawada, ADB chief economist.
  • Blackstone Group LP (NYSE:BX) Stock Price While Sentiment Increases

    Finance

    Mesirow Financial Investment Management Us Value Equity increased its stake in Bottomline Tech Del Inc (EPAY) by 19.18% based on its latest 2017Q2 regulatory filing with the SEC. The Blackstone Group L.P.'s average EBITDA per Share Growth Rate was 68 percent during the past 12 months. Fairview Capital Inv Limited Liability Com holds 2.38M shares or 5.2% of its portfolio.
  • FY2018 Earnings Estimate for Oasis Petroleum Inc. (OAS) Issued By KeyCorp

    FY2018 Earnings Estimate for Oasis Petroleum Inc. (OAS) Issued By KeyCorp

    Finance

    South Dakota Invest Council has 233,700 shares for 0.04% of their portfolio. Among 20 analysts covering Albemarle Corporation ( NYSE:ALB ), 10 have Buy rating, 0 Sell and 10 Hold. The firm has "Hold" rating given on Wednesday, May 11 by Wunderlich. The acquisition will be funded through a combination of the OAS Shares issued to the seller, a draw on the Company's revolving credit facility, and/or capital markets transactions, depending on market conditions.