World News

Lufthansa misses Q3 profit estimates as fuel costs weigh

Germany’s biggest carrier Lufthansa said This particular would certainly raise its number of flights more modestly than peers This particular season after missing profit estimates for the third quarter This particular year. The company on Tuesday reported adjusted earnings before interest along with taxes (EBIT) of 1.35 billion euros ($1.54 billion), against expectations of 1.41 billion euros inside the July-September ...

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Oil as well as arms are Saudi Arabia’s saving graces amid the fallout via Khashoggi’s death

As much as Saudi Arabia could have liked its flashy investment forum in Riyadh last week to have dominated the headlines, the continuing fallout via the death of Saudi critic Jamal Khashoggi led the front pages of most news outlets. the item’s hardly surprising given the amount of incriminating evidence which Turkey appears to have amassed in its investigation into ...

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US planning tariffs on remaining $257 billion in Chinese goods: report

The brand-new tariffs, if enacted, could be the final step from the Trump administration’s efforts to force Chinese leadership to the negotiation table through pressure on Chinese goods. Asked for clarification on the brand-new tariffs, Press Secretary Sarah Sanders said in a conference Monday afternoon which she’s “not going to get ahead of the president’s meeting along with I expect ...

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Boeing shares plunge the most since 2016 after opening the day higher

Boeing shares fell 6.6 percent on Monday, closing with their worst daily performance since February 2016. The aerospace giant’s stock opened positive at $360.55 a share before turning around as well as selling off throughout the day. Much of Boeing’s decline came after a report which the United States is actually preparing to add tariffs to all remaining Chinese imports ...

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Amazon suffers biggest two-day drop since 2014

Amazon shares closed down 6.3 percent on Monday suffered their steepest two-day tumble in more than four years, as investors continued to flee the stock following Thursday’s disappointing earnings report. The stock dropped $103.93 to $1,538.88 at the close, after losing $139.36, or 7.8 percent, on Friday, along with also is actually trading at its lowest cost since April, down ...

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HSBC reports 2018 third quarter earnings

HSBC, Europe’s largest bank, said on Monday its its third-quarter reported pre-tax profit jumped 28 percent via a year ago to $5.922 billion. The bank’s revenue for the July-to-September quarter was $13.798 billion, 6.32 percent higher than the same period a year ago. Despite those improvements, the bank’s reported pre-tax profit along with revenue for the quarter slightly missed expectations, ...

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Saudi prosecutor in charge of Khashoggi case in Istanbul: Anadolu

Andrew Harrer | Bloomberg | Getty Images Demonstrators hold photographs of journalist Jamal Khashoggi outside the White House in Washington, D.C., on Friday, Oct. 19, 2018.  The Saudi public prosecutor heading the investigation into the killing of Jamal Khashoggi arrived in Istanbul overnight, the state-owned Anadolu news agency said on Monday, ahead of expected talks with the Istanbul chief prosecutor. ...

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