TUI Tourist operator is benefiting from the loss of market competitor Thomas Cook, who went bankrupt earlier. The German-British company is counting on a stronger profit increase for the current financial year than it had previously assumed. This despite the problems with the Boeing aircraft of the type 737 MAX, which are not allowed to fly because of safety.
Irish Prime Minister Leo Varadkar finds a coalition with Sinn Féin’s leftist nationalists “not an option.” Varadkar, the leader of the center-right party Fine Gael, wants to talk to other parties, he said the day after the Irish parliamentary elections.
Wholesale stocks in the United States fell by 0.2 percent in December compared to the previous month. This is apparent from definitive figures published by the US Department of Commerce.
Kazakhstan, a vast and oil-rich post-soviet republic is a major player in startup tech companies, gold mining and development far beyond its borders. It happens mainly because of the presence of one of the most amazing business figures in the Central Asian nation – Kenes Rakishev.
Airline Norwegian Air has scrapped many routes in January in an attempt to boost profitability. According to new monthly figures, the number of available seats fell by almost a third compared to a year earlier. That was a stronger decline than what experts in general expected.
Tesla CEO Elon Musk seems to ask Twitter users if his company should build a new factory in Texas. The car manufacturer is expanding internationally to meet the fast-growing demand for Teslas.
The Chinese stock markets recovered somewhat on Tuesday after the fall of the day before. The other Asian stock markets also improved. Investors kept a close eye on developments regarding the outbreak of the new corona virus in China. The death toll in China has now risen to 425 people and the number of infections has risen to more than 20,000. Hong Kong reported the first coronavirus death in...
Ryanair has carried more passengers in the past quarter and also earned more on those travelers. However, the Irish budget airline also suffers from the problems with the Boeing 737 MAX, which has been kept on the ground for a long time. Because the delivery of the ordered devices of that type is likely to take place later, some goals are being postponed. Ryanair also takes longer time for a...