Bombardier cuts 490 jobs at Belfast plant
Bombardier Inc is to cut 490 jobs at its Belfast operations, the Canadian company announced on Wednesday.
Ryanair seeing record demand through website, no Brexit impact
Irish budget airline Ryanair enjoyed the busiest day in history for its website this week and has not seen any impact on demand from British or European consumers due to Brexit, it’s chief marketing officer said on Wednesday.
World stocks try to find feet after tech-driven rout
World stocks steadied on Wednesday and Wall Street was set to open firmer after the previous session saw $1 trillion wiped off the value of leading tech shares, while oil prices staged a modest rebound after slumping to one-year lows.
LATAM Airlines posts steep drop in third-quarter profit, reduces fleet commitments
LATAM Airlines, the biggest airline group in Latin America, reported a quarterly net profit of $53 million on Tuesday, down from $160 million a year earlier, as it faced increased competition from low-cost competitors.
Foxconn aims to cut $2.9 billion from expenses in 2019: Bloomberg
Taiwan’s Foxconn aims to cut 20 billion yuan ($2.88 billion) from expenses in 2019 as the company faces “a very difficult and competitive year”, Bloomberg reported on Wednesday, citing an internal memo.
Danske money laundering whistleblower labels UK structures a ‘disgrace’
British company structures which hide the identity of those behind them were branded a disgrace by the whistleblower who brought to light an alleged 200 billion euro ($228 billion) money laundering scandal involving Danske Bank.
Deutsche Bank had limited need to know details of Danske transactions, executive says
Deutsche Bank played only a secondary role as a so-called correspondent bank to scandal-hit Danske Bank, limiting what it needed to know about the people behind the transactions, the German lender’s regulation chief said on Wednesday.
Danske money laundering whistleblower calls UK structures a ‘disgrace’
British company structures which hide the identity of their beneficiaries are a “disgrace”, the whistleblower who brought to light an alleged 200 billion euro ($228 billion) money laundering scandal involving Danske Bank said.
Nissan wants less clout from Renault as Japan seeks to stabilize alliance
Japan said it is ready to work for the stability of the Nissan-Renault global alliance following the stunning arrest of common Chairman Carlos Ghosn, but a Nissan executive said the Japanese automaker is seeking ways to weaken the influence of its Fren…
Wells Fargo fights to leave customers out of auto payout plan
Wells Fargo & Co is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers it pushed into car insurance they did not need, according to court documents and a source familiar with the effort.
