Business

Early Easter drives up profits at Ryanair

Early Easter drives up profits at Ryanair

A strong Easter bank holiday weekend helped Ryanair to a 55% rise in profit for the three months to the end of June. DUBAI: Abu Dhabi carrier Etihad Airways has submitted a non-binding offer for a partial or total takeover of ailing flagship airline Alitalia, Italian media has reported.


UK Foreign Secretary expresses thanks to Takahanga Marae

UK Foreign Secretary expresses thanks to Takahanga Marae

The former London mayor also joked " the marae has a tradition of strong female leadership, which we also have back home " in a reference to Prime Minister Theresa May . Johnson is on a two-day visit to New Zealand which is expected to focus on trade, foreign policy and worldwide security issues. He said: "Britain and New Zealand share a long standing and historic friendship so I'm delighted to be here to see for myself how we work together on so many issues and how we can build on these ...


Shares end at record close, Nifty nears 10000

Shares end at record close, Nifty nears 10000

The 30-share index rose to 32,223.18 points, up 194.29 points, or 0.61 per cent at 1100 hrs. The Nifty Bank index soared to an all time high although Axis Bank losing more than 1 per cent is being billed as the major reason behind Nifty's failure to scale the 10k- peak.


Oil prices dip as prospect of deeper OPEC output cut dims

Oil prices dip as prospect of deeper OPEC output cut dims

Last week, OPEC said its crude oil production averaged 32.61 million bpd in June, up by 393,000 bpd over May, with output rising mostly in Libya, Nigeria, Angola, Iraq and Saudi Arabia, while production showed declines in Venezuela. That's nearly 50% above its average June production of 840,000 barrels a day. Saudi Energy Minister Khalid al-Falih met with delegations from Libya and Nigeria over the weekend to discuss their production recovery plans, "including the challenges they now face", ...


The Open 2017: Jordan Spieth clinches Claret Jug

The Open 2017: Jordan Spieth clinches Claret Jug

Spieth followed up his adventure at the 13th with a stunning shot on the par-3 14th that almost rolled into the hole, but resulted in a birdie that again pulled him into a tie with Kuchar, who parred. A 35ft putt for eagle on the 15th settled the nerves that were beginning to show and there was no last-gasp fightback from Matt Kuchar , as Spieth tightened his grip on the claret jug.


Watchdog weighs into Australian airbag recall after driver's death

Watchdog weighs into Australian airbag recall after driver's death

Following the death of the Sydney man last week, Takata airbags have now been attributed to 17 deaths worldwide including the near decapitation of an American man who had a piece of metal fly into his neck when the airbag in his 2002 Honda Accord deployed after a minor crash.