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.
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.
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.
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.
Huawei unveils Harmony operating system, but its smartphones won’t ditch Android
Huawei Technologies [HWT.UL] 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.
Trade war, Italy and Brexit worries drive Europe lower
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 at 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.
