Bhinneka News Online: Reuters Before the Bell: Ryanair Spanish pilots threaten strike as unrest spreads

Friday, 9 August 2019

Reuters Before the Bell: Ryanair Spanish pilots threaten strike as unrest spreads

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Friday, August 9, 2019

Ryanair Spanish pilots threaten strike as unrest spreads

Ryanair's main pilots union in Spain will vote in the coming days on possible industrial action, including going on strike, in response to planned job cuts at the low cost carrier, the local SEPLA trade union said.

Ryanair's Irish pilots back industrial action over pay

Ryanair's directly employed pilots in Ireland on Friday voted overwhelmingly in favor of industrial action unless the airline agrees to union pay proposals by Monday, the Forsa/IALPA trade union said.

Futures slip after Wall Street's best day in two months

U.S. stocks futures slipped on Friday, a day after Wall Street roared back to record its biggest one-day rise in two months, as investors grappled with fresh trade tensions and political turmoil in Britain and Italy.

Bayer soars on report of proposed $8 billion Roundup settlement

Bayer shares soared as much as 11% on Friday on a report that the German company has proposed to pay up to $8 billion to settle more than 18,000 U.S. lawsuits related to its weedkiller Roundup.

Oil rises despite IEA report showing demand growth at decade low

Oil prices rose on Friday, supported by expectations of more OPEC production cuts despite the International Energy Agency (IEA) reporting demand growth at its lowest level since the financial crisis of 2008.

Huawei unveils Harmony operating system, but won't ditch Android for smartphones

Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm's access to U.S. technologies such as Android.

Europe rattled by Italy stress, safe havens keep gaining

Trade war worries and the prospect of early elections in Italy and Britain hit European markets on Friday, while the week's search for safety left gold on course for its best week in three years, Japan's yen near an eight-month high and bonds surging.

Malaysia files criminal charges against 17 Goldman Sachs executives

Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc following an investigation into a multi-billion-dollar corruption scandal that led to the demise of state fund 1MDB.

Hong Kong leader Carrie Lam says protests have hit business like a 'tsunami'

Embattled Hong Kong leader Carrie Lam said on Friday the business community was very worried about the long-term consequences of protests in the Asian financial hub.

Uber loses $5 billion, misses Wall Street targets despite easing price war

Uber Technologies Inc reported a record $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday as growth in its core ride-hailing business slowed, sending its shares down 6%.