Stories about Finance

Feb 22 2019

Province scales back crude-by-rail plan, will lease 4,400 cars

The province estimates the plan will lead to a $5.9-billion increase in royalties, tax revenues and profits over three years, meaning a net gain of $2.2 billion. "They in...

Feb 22 2019

United Kingdom says 'no problems' with Huawei technology found, Andrew Little responds

Britain is able to manage the security risks of using Huawei telecoms equipment and has not seen any evidence of malicious activity by the company, a senior official said...

Feb 21 2019

Were Walmart Earnings Really That Good?

Walmart reported that its e-commerce business helped deliver a stronger quarter. Walmart also reported that its grocery department - crucial both because it makes up ...

Feb 21 2019

Disgruntled airport employee was behind Gatwick drone chaos, source claims

All flights at Dublin Airport were suspended on Thursday following the confirmed sighting of a drone over the airfield at Ireland's main airport. "The safety and securi...

Feb 20 2019

Southwest Experiences Operational Emergency

Flight cancellations by Southwest accounted for roughly 24 percent of almost 800 total flights canceled across the United States on Tuesday, according to flight-tracking ...

Feb 20 2019

Reliance group stocks drop after court order on RCom chairman

The apex court directed Anil Ambani to pay the dues of Rs 453 crore in four weeks failing which he will be sentenced to three-month jail term. The Supreme Court said th...

Feb 20 2019

Lucky lottery player comes forward to claim £153m jackpot

A spokesperson for the National Lottery in Ireland said someone had called giving the unique serial number from the winning ticket, but that it is yet to be verified. J...

Feb 20 2019

Honda to close British carmaking factory in Swindon

One employee who has worked at the Honda factory in question for 24 years was interviewed on Tuesday morning, describing the entire Brexit situation as "idiocy of epi...

Feb 20 2019

Juncker Again Talks Down May Hours Before Key Brexit Meeting

She has promised parliament to rework the treaty to try to put a time limit on the protocol or give Britain some other way of getting out of an arrangement which her crit...

Feb 19 2019

Payless to close all 2,100 USA stores

North Dakota locations set for closure include the Columbia Mall location in Grand Forks and the West Acres location in Fargo. Liquidation sales, including in Salina, b...

Feb 19 2019

Nigeria's biggest Indian oil buyer signs first deal for United States oil

Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel demand this year, although supply cuts led by producer cartel...

Feb 19 2019

Woman gives birth on JetBlue flight from Puerto Rico to FL

As she was being escorted off the plane a Broward Sheriff's deputy, Gonzalez did not go quietly. In the video, you can see her spit right before another passenger stepped...

Feb 19 2019

Honda will close United Kingdom vehicle plant in 2022, report says

It was also preparing to front-load some production at its plant to ship overseas or build up inventories. Honda said earlier this month that its production volumes a...

Feb 19 2019

China accuses U.S. of trying to block its tech development

No country in Europe, however, has issued a blanket veto on using Huawei technology in the way the US has urged. The US has banned federal funding for tech powered ...

Feb 18 2019

RBI approves ₹28,000 crore interim dividend to the government

Das explained that the decision on the disbursal of the interim dividend would be taken by the RBI board , and not by the RBI central board. If the RBI agrees, that ...

Feb 18 2019

Payless ShoeSource set to close 2,300 stores

The three Island Payless stores are located in New Dorp, Port Richmond and in The Staten Island Mall, New Springville. Payless ShoeSource also filed for bankruptcy i...

Feb 18 2019

All FlyBMI flights cancelled as airline files for administration

Flybmi had been unable to secure post-Brexit flying contracts in Europe and feared it may not be able to continue serving destinations on the continent after Britain leav...

Feb 18 2019

United Kingdom 'doesn't need to ban' Huawei 5G kit

Shown here is its Honor phone. The UK's National Cyber Security Centre has decided that if there is a risk in using Huawei equipment in our 5G networks , it can be m...

Feb 18 2019

Crude Oil Rates Hit 2019 Highs Amid Supply Cuts

The global oil market will struggle this year to absorb fast-growing crude supply from outside the Organization of the Petroleum Exporting Countries (OPEC), even with the...

Feb 18 2019

Payless Shoes Closing All 2,100 U.S. Stores by May

Liquidation sales could begin as soon as next week, according to Reuters . "We expect all stores to remain open until at least the end of March and the majority will r...