Air Canada reaches last-minute agreement with pilots union, averting strike
Before the tentative agreement was reached, Canada’s largest airline had been preparing to progressively cancel flights over three days.
India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws.
Ryanair may get five fewer planes by next summer due to Boeing strike, CEO says
Workers have been protesting all week in Boeing factories in the Seattle area that assemble Boeing’s MAX, 777 and 767 jets.
Why the European Union’s tariffs on Chinese automakers may not work
Supporters say EU tariffs on Chinese EVs will offset harm of Chinese subsidies. Critics say they will slow EV adoption and hurt some European carmakers.
Voss Capital wants to maximize shareholder value at International Money Express. How it may play out
The firm is a long-term investor at the money remittance services provider.
Nvidia CEO Jensen Huang revived the AI trade this week. Here’s how the pros are playing it
The rise of artificial intelligence is ramping up the pace of data center modernization, and that could have major implications for a slew of popular names.
Icahn Enterprises wins dismissal of investor lawsuit
Last month Icahn agreed without admitting wrongdoing to pay $2 million to settle U.S. Securities and Exchange Commission civil charges that he failed to disclose his significant borrowing against the shares.
Pope criticizes Harris and Trump, tells US Catholics to choose ‘lesser evil’
He said U.S. Catholics would have to “choose the lesser evil” when they vote in November, without elaborating.
China’s retail sales and industrial data miss expectations in August
Growth in the world’s second-largest economy has slowed after a disappointing recovery from Covid-19.
This tech stock ETF just posted one of its best weeks of the past few years
The Technology Select Sector SPDR Fund (XLK) scored its best week since November 2022 amid a strong rebound rally in megacap tech and semiconductor stocks.
