British Prime Minister Theresa May has promised to take action to protect government staff against sexual harassment, as allegations grow of inappropriate behavior by male members of parliament (MPs). A series of claims about the behavior of senior politicians have emerged in recent days, after the Harvey Weinstein scandal encouraged women in all professions to […]
Read moreCurrency, United States Finance
Sacked Catalan leader Puigdemont says he's not in Brussels to seek political asylum
Deposed Catalan leader Carles Puigdemont said he was not trying to escape justice by travelling to Brussels and that he wanted to “put the Catalan problem at the heart of the European Union.” Puigdemont traveled to the Belgian capital on Monday as Spain’s chief prosecutor called for criminal charges of rebellion, sedition and embezzlement to […]
Read moreCurrency, United States Finance
Bank of England sees up to 75,000 finance job losses after Brexit: BBC
The Bank of England expects Britain to lose up to 75,000 financial services jobs in the years after the country leaves the European Union in 2019, the BBC reported on Tuesday. “I understand that senior figures at the Bank are using the number as a ‘reasonable scenario’, particularly if there is no specific UK-EU financial […]
Read moreCurrency, United States Finance
Call to ban the Coca-Cola truck from English city because of ‘obesity epidemic’
The famous red Coca-Cola truck should be banned from visiting the city of Liverpool this Christmas, according to members of a U.K. political party The English city’s Liberal Democrat party has written a letter to mall owners who host the truck, asking that the tradition should not take place because Liverpool “is in the grip […]
Read moreCurrency, United States Finance
Catalan separatists are seeking refuge in Belgium — causing an awkward rift between EU nations
Catalonia’s leaders are reportedly seeking safety in Brussels as they face criminal charges for spearheading the region’s independence movement, throwing up a potentially awkward situation between Belgium, the EU and Spain. Deposed Catalan leader Carles Puigdemont and several members of his pro-independence administration travelled to Brussels in Belgium on Monday and hired a lawyer, fueling […]
Read moreWPP, the world’s biggest advertising company battling a slowdown in client spending, lowered expectations for full-year organic net sales and profit margin on Tuesday, two months after an earlier downgrade sent shockwaves through the industry. Led by the high-profile British businessman Martin Sorrell, WPP said it now expected like-for-like net sales growth to come in […]
Read moreAirbus said on Tuesday it had uncovered problems involving the use of sales agents to sell U.S. arms technology, dragging the United States for the first time into a growing corruption scandal at Europe’s largest aerospace firm. Airbus also warned of a material impact from potential fines resulting from existing bribery investigations in the UK […]
Read moreCurrency, United States Finance
Ryanair says it's still on track for record profits despite flight cancellations
Ryanair posted an 11 percent rise in net profit for the first half of the year, and iterated it’s still on track for solid full-year results despite recent flight cancellations. Here are some of the key metrics: Net profit: 1.293 billion euros ($1.51 billion), vs 1.168 billion euros a year ago EPS: 1.07 euros ($1.25) […]
Read moreEuropean stocks are set to open slightly higher on Tuesday morning as investors continued to monitor a fresh batch of corporate earnings. Looking to the major bourses, the U.K.’s FTSE 100 is expected to open 4 points higher at 7,482, while the German DAX is set to start on a positive note, up 9 points […]
Read more
TRAVEL advisory notices, which alert passengers to the risks of going to certain places, are standard business for frequent flyers. But last week brought an unusual one. The National Association for the Advancement of Coloured People (NAACP), America’s oldest civil-rights organisation, warned black flyers about the dangers of travelling with American Airlines. The NAACP says […]
Read more