Business

Ryanair pilots in Germany are going on strike just before Christmas

The Vereinigung Cockpit (VC) trade union confirmed all pilots directly employed by the airline are being asked to join a walk-out from 5.01am until 8.59am (local time) on Friday. "This makes it clear to VC that the company is not interested in a mutually constructive co-operation, based on trust and equality". In a statement, Ryanair said it had sent a letter confirming that is recognising Impact and its Ryanair Company Pilot Council.

Business

South Korean cryptocurrency exchange files for bankruptcy after second hack

The concern is now that the spiralling cost of Bitcoin could result in exchanges not being able to cover their losses. Kisa, the organisation that investigates cybercrime in Korea, has begun an enquiry into how the hack was allowed to take place.

Business

Wall St. Rally Stalls Ahead of Tax Bill Vote

The House of Representatives is expected to vote on the final version on Tuesday, while the Senate vote is expected to follow either on Tuesday or Wednesday. Investors have been buying stocks in anticipation of the tax deal so they may use the signing of the bill into law as a reasonable excuse to book profits.

Business

Boeing and Bombardier set out defence in trade row

Boeing has accused Bombardier of dumping its marquee jets on the USA market at below market prices and taking unfair subsidies from the Canadian and Quebec governments. Scotiabank raised their price objective on Bombardier from C$3.25 to C$3.75 and gave the company an "outperform" rating in a research report on Monday, October 23rd.

Business

Diddy declares interest in buying Carolina Panthers

He has also filed a federal lawsuit against the NFL claiming owners colluded to keep him out of the league. "Let's make it happen!" he tweeted . "We'll let it take its course, let it go through the process". In 1993, Richardson and a group of investors paid $206 million to create the franchise. "These have been some of the most hard days of my 19 years with the Panthers, but I am lifted up by the strong resolve and the commitment our employees have shown to this organization", Becker said ...

Business

Elon Musk Appears to Have Misfired Direct Message to Oculus CTO

That's what happened when Musk sent a message to John Carmack , chief technology officer of Oculus , the Facebook-owned company that makes virtual reality headsets and other VR equipment. Tesla and SpaceX didn't respond to requests for comment. That being the message isn't all that surprising given Musk has a healthy sense of humor, although a rendition of Call Me Maybe might have better option given the circumstance.


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