Business

Ryanair scrambles to please pilots, customers and investors

Ryanair scrambles to please pilots, customers and investors

The airline has cut 50 flights a day until the end of next month after a rostering issue left it short of standby staff. Passengers on canceled flights have complained that notice was far to short and that it was hard to claim compensation.


Fed to start reducing $4.5 trillion balance sheet

Fed to start reducing $4.5 trillion balance sheet

Equifax's data breach is one of the worst ever, in terms of both its reach and the kind of information that was exposed to cyber thieves. "The basic message here is US economic performance has been good", Yellen told reporters. When asked about her future, Yellen, the first woman to lead the Fed, has said only that she intends to serve out her term as chair. It is important to note that the Fed has expanded its balance sheet from almost Dollars 800 billion in 2007 to now roughly USD 4.5 ...


United States allies divided over Trump's threat against North Korea

United States allies divided over Trump's threat against North Korea

On September 11, the UN Security Council increased sanctions against North Korea over its sixth and most powerful nuclear test, imposing a ban on the isolated nation's textile exports and capping imports of crude oil. The trio agreed to work closely to resolve the North Korea situation, specifically by persuading China and Russian Federation to join in pressuring Pyongyang.


Haley: Diplomacy efforts with North Korea 'pretty much exhausted'

Haley: Diplomacy efforts with North Korea 'pretty much exhausted'

World leaders converging on NY will grapple with confronting North Korea's unrelenting threats and displays of military ability. We don't want loss of life. Haley made the remarks during a press conference in New York City, in which she was asked about the deal and President Trump's aggressive language on it.


Oil prices steady ahead of OPEC meeting on supply cut extension

Oil prices steady ahead of OPEC meeting on supply cut extension

OPEC and its allies have agreed to reduce production by about 1.8 million barrels per day up to March 2018 in an effort to reduce global supply surplus. US West Texas Intermediate (WTI) crude futures, on the other hand, were up 7 cents (or 0.14 percent) at $50.62 per barrel. Hurricanes in the Gulf of Mexico have also pushed up crude inventories in some parts of the United States as refineries have been shut by flooding.


CVS to implement changes to how opioids are dispensed

CVS to implement changes to how opioids are dispensed

CVS says it will begin limiting the duration and dose of some prescriptions for opioid painkillers in an effort to combat the growing addiction problem. The company reminded customers pharmacists are available for private consultations, and now it's stepping it up by "strengthening" counseling for those on opioid prescriptions under a "robust safe opioid use education program".