Recent Posts

Brexit and dollar batter London stock market

  London / AFP A sharp slowdown in British growth due to Brexit and a rebounding dollar teamed up to jolt London stocks on Wednesday. While London stock market rose modestly ahead of the presentation Britain’s first budget update since the Brexit vote, those gains disappeared after finance minister Philip Hammond told parliament Wednesday that gross domestic product was expected ...

Read More »

Pilot strike grounds nearly 900 Lufthansa flights

  Bloomberg Deutsche Lufthansa AG’s long-running pilot dispute reached new levels of bitterness as a failed bid to have a day-long strike declared illegal led a union to retaliate by extending the walkout by 24 hours. Lufthansa canceled 876 flights on Wednesday, disrupting travel for 100,000 people, and could lose a similar number of services on Thursday after the Vereinigung ...

Read More »

USA clears more plane deliveries to Iran Air: Airbus

  Paris / AFP The United States has approved a second export licence for Airbus to sell jetliners worth billions of dollars to Iran’s flag carrier, the European aviation giant said. “We confirm that we have received our second licence from the US Office of Foreign Control Assets following the agreement (with Iran Air) signed in January 2016 in Paris,” ...

Read More »
Send this to a friend