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Russian aviation sector isolated as Boeing suspends parts, maintenance
New York: US airplane manufacturer Boeing said it was suspending parts, maintenance and technical support for Russian airlines as the effect of sanctions in the wake of Russia’s invasion of Ukraine ripple across the global aviation industry. The United States
Russian airspace ban cancels 23 flights between Japan, Europe
At least 23 flights between Japan and Europe have been canceled because of Russian retaliatory measures regarding use of airspaces. Transport ministry officials said the canceled flights until March 6 involve four European carriers—Finnair, KLM Royal Dutch
Construction group WBHO still to navigate the effects of its decision to exit Australia
The group, which put its substantial, but loss-making Australian construction operations under administration on February 23, would likely face a challenging period in the next six months, its management admitted yesterday. WBHO had already provided some R2
Former Adecco executive launches LinkedIn for athletes
Why would student athletes need their own LinkedIn, and who would pay for it? ...
Bayer demonstrates dynamic growth, progress in innovation in fiscal year 2021
The Bayer Group had a successful year in 2021, both operationally and strategically. "We posted substantial growth, strengthened our innovation pipeline and made progress toward our sustainability targets. All this shows that Bayer is on the right track," said
Russia’s Sberbank to leave European market in face of outflows, safety risk
Russia’s largest lender, Sberbank, is leaving the European market as its subsidiaries there face large cash outflows and threats to the safety of employees and property, the bank said on Wednesday. The bank, set
Ryanair boss predicts tough months ahead due to rising oil prices
The next 12 months will be “very difficult” for most airlines after Russia’s invasion of Ukraine
Societe Generale profit up 19.5% to �184m in 2021
Soceite Generale continued its strong growth in 2021 as year-on-year earnings increased by 19.5% to �184 million, its 2021 Audited Financial Statement has revealed. This is coming despite a reduction in growth of net interest income and net fees and
musicMagpie revenues and profits dip as it returns to normal levels of trading
Revenues and profits at musicMagpie have taken a dip as the group returned to normal levels of trading. The online retailer, which resells used mobile phones, tablets, games as well as books and CDs, reported a 5.1% decline in revenues to £145.5m for the year
Hygiene group buoyed by second half performance
Hygiene group Byotrol said its second half performance, to March 31, 2022, is showing significant improvements in product sales, against the first half, in a trading update by the Daresbury-based business today. It said its order book remains strong in the
YBS says it has helped more people with key financial needs than ever before
Yorkshire Building Society says it has managed to achieve record levels of support for borrowers and savers, as it publishes its final results for 2021 today. YBS provided 75,732 mortgages (2020: 72,172) over this period and backed a record number of
Housebuilder’s profits build back towards £1bn
Housebuilder Persimmon believes it has firm foundations for a year of growth after its financial performance returned close to pre-pandemic levels in 2021. Pre-tax profits were up 23% last year to £967m, although that was behind the consecutive £1bn-plus
Independent financial advisory firm acquired for £385m
Aviva has acquired Birmingham independent financial advice firm Succession Wealth for a consideration of £385m. With approximately 200 planners advising on £9.5bn of assets and delivering high-quality advice to around 19,000 clients throughout the UK,
Lateral flow test manufacturer looks to put Covid behind it
Lateral flow test manufacturer Abingdon Health is to shift its focus from Covid-19 and Government contracts to the long-term opportunities in the lateral flow self-test market. The pandemic has been a transformational but bruising experience for the Yorkshire
Terra’s LUNA Passes Ether to Become Second-Largest Staked Asset
Some $30 billion worth of the tokens are staked by users to earn yields of nearly 7%. ...
1st LD-Writethru: Chinese shares close lower Wednesday
BEIJING, March 2 (Xinhua) -- Chinese stocks closed lower Wednesday, with the benchmark Shanghai Composite
Brent crude oil futures up above $110 a barrel, WTI nears the mark
The commodities market was on fire yet again on Wednesday with crude oil prices blazing to a seven-year high with coal, iron ore, aluminium and nickel also gaining in tandem. Crude oil futures were up 12 per cent in the last 24 hours with Brent topping $110 a
Realme narzo 50 smartphone to go on sale in India on March 3
The first sale of Realme’s recently launched narzo 50 smartphone in India is scheduled for March 3, the technology brand has announced. Realme last week
RailTel achieves 1 lakh FTH broadband internet users in TN
RailTel Corporation of India, a Central Government Public Sector Undertaking under the Ministry of Railways, has achieved a milestone of 1 lakh Fiber To The Home (FTTH) broadband internet users in Tamil Nadu. This service by RailTel is under the
Cashless commute: Paytm strengthens partnership with IRCTC
One97 Communications Limited (OCL), which owns the brand Paytm, has further expanded its partnership with Indian Railway Catering and Tourism Corporation
Donohoe to travel to Estonia and Finland
The Minister for Finance Paschal Donohoe, who is President of the Eurogroup, is holding meetings in Estonia today and in Finland tomorrow to discuss the financial and economic impact of the Russian invasion of Ukraine. Mr Donohoe said these dark
Exxon to exit Russia, leaving $4 billion in assets, Sakhalin LNG project in doubt
Exxon Mobil has said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine. The decision will see Exxon pull out of managing large oil and gas production
Poland raises national effort for Ukrainian refugees
Life moves at a slower pace in Przemyśl. It is a quiet town where there is a central square and some beautiful buildings. There are monuments to World War II but it is a town which is anchored in a rural setting. Yet in the past week, it has been completely
Growfin Pledges To Solve Growing Businesses’ Payments Pain Points
Why everyone in the business needs to be able to see key payments data ...
2 Projects Halted By Pandemic Look To Get Underway
Artist’s rendering of new retail building with apartments and Dunkin’ Donuts proposed for corner of Algonquin and Elmhurst in Mount Prospect. Two development projects that surfaced in early January 2020 came to a halt due to the COVID-19 pandemic.
Fast Food, Retail For Century Tile Site?
A fast-food restaurant along with retail uses could be next to set up shop on the former Century Tile property at the corner of Mount Prospect, Rand and Central roads in Mount Prospect. Director of Community Development Bill Cooney said the
Petrol, diesel price hikes to restart from next week
International crude oil prices shot above USD 110 a barrel for the first time since mid-2014 ...
Chinese shares close lower Wednesday
BEIJING, March 2 (Xinhua) -- Chinese stocks closed lower Wednesday, with the benchmark Shanghai Composite Index down 0.13
Toyota to Restart Japan Production After Halt Caused by Cyberattack on Supplier
TOKYO—Toyota Motor Corp. will restart domestic production from Wednesday after a cyberattack on a supplier ground the automaking giant's
