Business


BA boss 'profusely' sorry for IT meltdown disrupting 75,000

But he said there would still be delays, as well as some canceled short-haul flights. Around a quarter of Sunday's flights set to depart from London's major hub before 10.00 p.m. Flight compensation website Flightright.com said that with around 800 flights canceled at Gatwick and Heathrow on Saturday and Sunday, BA was looking at having to pay around 61 million euros ($68 million) in compensation under European Union rules.


Vieirinha strike saves Wolfsburg from the drop

Vieirinha strike saves Wolfsburg from the drop

The result meant a lot to the fans and players of Wolfsburg, and in particular Mario Gomez, who had been subject to abuse from Braunschweig fans in the first leg, after earning his side a controversial spot kick. Wolfsburg struggled to get into the match in the early stages but eventually went 1-0 up on the night when Vieirinha smashed home just after the break.


Three Mile Island plant to shut down in 2019, owner says

Three Mile Island plant to shut down in 2019, owner says

The owners of the Three Mile Island nuclear power plant in Pennsylvania said they would close the facility by 2019 unless the state changes its energy policy, which gives preferential treatment to wind and solar power generation. The nuclear power industry has been hurt financially by a natural gas boom fueled by a rise in fracking. FirstEnergy has said it could decide next year to sell or close its three nuclear plants - Davis-Besse and Perry in OH and Beaver Valley in Pennsylvania.



European Stocks Called Lower; Single Currency Softens After Dovish Draghi Comments

The euro came under pressure following comments from the head of the European Central Bank suggesting it will stick to its loose monetary policy for now, disappointing those who had hoped for some form of tightening at its June meeting. North Korea's state media earlier accused the US of staging a drill to practice dropping nuclear bombs on the Korean peninsula. The dollar index remained in the 97-point handle.



Penn Virginia GP Holdings LP (NYSE:PVG) Sentiment Report

Below is a list of Pretium Resources Inc (NYSE: PVG ) latest ratings and price target changes. Blackrock Grp Ltd reported 0% stake. Parallax Volatility Advisers Lp owns 305,860 shares. Since January 30, 2017, it had 0 insider buys, and 15 selling transactions for $53.76 million activity. The firm owned 20,224,840 shares of the basic materials company's stock after buying an additional 2,290,824 shares during the period.


Zuma weaker, not stronger after NEC meeting

Zuma weaker, not stronger after NEC meeting

These were the words of ANC secretary general Gwede Mantashe at a media briefing following the recent NEC meeting held over the weekend. "The terms of reference of such a commission of inquiry must be broad enough to uncover the influence of business on the state", Mantashe said.