BA pilots will go on strike – first in forty years
British Airways pilots are going to strike next month. Balpa, the British pilot trade union has announced the news. It is the first pilot strike at the airline…
Continue ReadingChris Kimble
Iranian oil tanker now heads to Greece after a month and a half in Gibraltar
The Iranian oil tanker Grace 1 has set course for Greece, despite pressure from the Americans to keep the ship on the chain at Gibraltar. Ship data show…
Continue Reading
In IT, Innovation and Startups
AirBnb shows explosive growth
In the first quarter of this year, people booked $ 9.4 billion in accommodations with Airbnb. That’s 31 percent more than the same period last year, insiders say…
Continue Reading
Inflation rose 2.1 percent in July
Inflation in Great Britain rose to 2.1 percent in July, from 2 percent a month earlier. The British National Statistical Office reported this. Economists generally expected an inflation…
Continue Reading
Reliance Industries fell in the hands of Saudi Aramco
Saudi Arabian state oil company Saudi Aramco has purchased the refining and petrochemical branch of Reliance Industries in India. The Saudis take a 20 percent stake in that…
Continue Reading
In IT, Innovation and Startups
Amazon CEO Jeff Bezos sells $ 2.8 billion in shares
Jeff Bezos from Amazon has sold $ 2.8 billion worth of shares of his company last week. This is the total amount after he sold $ 990 million…
Continue Reading
Boris Johnson loses a seat in the Lower House after Wales elections
Prime Minister Johnson has suffered a sensitive defeat. In Lower House elections in a district in Wales, a seat from the Conservatives went to the Liberal Democrats. As…
Continue Reading
De Beers sales collapsed as diamond market is at the lowest level since 2015
These are tough times for De Beers. The diamond trader, part of mining company Anglo American, raised ‘only’ 250 million dollars with the sale of the gems during…
Continue ReadingVodafone to put all eggs in one basket
Telecom company Vodafone is going merge all its European branches to one company. According to the telecom group, this step ensures that more value is created for shareholders.…
Continue Reading
Oil prices go up on the tanker boardings
Oil prices have risen sharply on Friday evening following the news that Iran has raised two oil tankers in the Persian Gulf. The unrest in the region causes…
Continue Reading