Bhinneka News Online: Reuters Before the Bell: British pilots union calls on Ryanair for mediated talks as strikes loom

Thursday, 15 August 2019

Reuters Before the Bell: British pilots union calls on Ryanair for mediated talks as strikes loom

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Thursday, August 15, 2019

British pilots union calls on Ryanair for mediated talks as strikes loom

The British Airline Pilots Association (BALPA) called on Ryanair to meet for mediated talks to resolve a dispute on pay and benefits to avoid two multi-day stikes planned by their members from next week.

Alibaba results beat estimates on cloud, e-commerce growth

China's Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit on Thursday, aided by growth in its e-commerce and cloud computing businesses.

J.C. Penney quarterly same-store sales fall short of expectations

J.C. Penney Co Inc reported a steeper-than-expected drop in quarterly comparable-store sales on Thursday, as the struggling department store operator stopped selling appliances and furniture in its stores.

Walmart raises earnings forecast for year after jump in quarterly sales

U.S. retailer Walmart Inc reported an estimate-beating jump in second-quarter U.S. comparable sales on Thursday as shoppers boosted purchases at its stores and websites, sending its shares up 5% in premarket trading.

Oil deepens slide below $58 on recession fears, U.S. supply

Oil fell 3% to below $58 a barrel on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories.

China's trade threats deal fresh blow to world stocks

China's threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a rout sparked by fears of a world recession.

China says it must take counter-measures to latest U.S. tariffs

China has to take necessary counter-measures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday.

Boeing delays delivery of ultra-long-range version of 777X

Boeing Co has pushed back the entry into service of an ultra-long-range version of its forthcoming 777X widebody, the U.S. planemaker said on Wednesday, as it grapples with fallout from the 737 MAX crisis and engine issues with the 777X.

Markets register a shock, but is Trump right to blame the Fed?

It takes a lot to kill an economic expansion, typically requiring a major shock to bring growth to a halt and trigger a U.S. recession.

Mastercard, Indonesia's Artajasa to collaborate on payment gateway

Mastercard Inc said on Thursday it signed an agreement with Indonesian payment switching firm Artajasa Pembayaran Elektronis to make a foray into the Southeast Asian country's national payment gateway system.