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Business

British Airline Flybmi Blames Brexit for Sudden Collapse

(newser) – Hundreds of passengers across Europe have been stranded by the British regional airline's brutal collapse. British Midland Regional Limited, which operates as Flybmi, said it was filed for administration – a UK version of bankruptcy – due to higher fuel costs and uncertainty caused by Britain's upcoming EU exit, the AP reports. "Current trade and future prospects have …

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China's car sales decline deeper, way forward uneven

WELLINGTON: New Zealand independently assesses the risk of using China's Huawei Technologies in 5G networks, said Prime Minister Jacinda Ardern on Monday following a report suggesting that British measures could be used by other nations. Huawei, the world's largest manufacturer of telecommunications equipment, is facing intense Western investigations over its relationship with the Chinese government and US claims that its …

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Why Warren Buffett Keeps Buying Bank Stocks – The Motley Fool

Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) just filed its 13F, detailing its U.S. Pat. stock portfolio as of the end of 2018, showing that the conglomerate led by arguably one of the best bank investors out there increased its big bet on U.S. banks yet again in the fourth quarter Berkshire was a non-buyer of banks, adding to …

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Does American Airlines Sanction have this Burlesque-Style Flight Attendant Performance?

Airmen have been horrified by a new video shared on social media, showing artists dressed as air traffic controllers singing together for a modified version of Shirley Bassey's 1986 hit, Big consumer. The performance seems to be "celebrating" high-grade Executive Platinum-frequent flyers with the skimpily dressed airbags cavorting around such a customer who has been dragged on stage to take …

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Flurry Of Bullish News increases oil prices

The oil market's mood has fluctuated from bearish to bullish in the last few days, as tailwinds for the product are strengthening. A number of updates from OPEC and Venezuela along with a few oil price forecasts served to push Brent to the highest level since the beginning of the year, with prospects for the near future also positive. OPEC …

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Walmart to Reveal Costs of Battle with Amazon

Walmart will reveal this week how it fared in its battle with Amazon for Christmas shoppers' dollars, with some on Wall Street expecting the retailer will report its weakest profit margin in years alongside rising sales. Despite government data last week that showed US retail sales in December fell the most since 2009, like-for-like revenues at the country's biggest retailer …

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