Business
Visa card network crashes across UK, Europe
Derry businesses and customers have been affected today by the Visa payment system having crashed throughout Ireland and across Europe. Alex Neill, Which? managing director of home products and services, said: "Clearly this issue will be a huge inconvenience to customers and it must be resolved urgently".
Business
Singapore Airlines announces launch date for NY flights
The airline leveraged its position as one of Airbus' top customers for the A350-900 widebody - it has 21 in its fleet now, with another 46 on order - to request a special version of the aircraft that will make the extra-long flight possible.
Business
Italy bond selloff sends euro to 6-1/2 month lows
Events in Italy pushed peripheral euro zone bond yields down for a third straight day, as investors also kept an eye on a second southern European state, Spain , where Prime Minister Mariano Rajoy set to be forced out of office by a no-confidence vote.
Business
Trump hits EU, Canada, Mexico with steel tariffs
European Union's trade commissioner Cecilia Malmstrom had a meeting scheduled with the US Trade Representative Robert Lighthizer in Paris on Thursday among other worldwide trade chiefs. "The U.K. and other European Union countries are close allies of the USA and should be permanently and fully exempted". Meanwhile, South Korea negotiated a steel quota, while Argentina, Australia and Brazil have arranged for "limitations on the volume they can ship to the U.S.
Business
Aussie Shoppers Blocked From Using Amazon's US Website
We've been following the intent of the Australian government to add a charge to imported parcels whose value falls beneath the previous $1,000 threshold for some time. Unfortunately, consumers who've spent the last couple of decades relying on the U.S. version of Amazon to purchase products not readily-available in Australia may now have to start shopping elsewhere, likely at additional expense.
Business
Italy's populist parties say 'conditions met' for government
The president, in his role as guarantor of the constitution, said that an anti-euro economics minister would endanger Italians' savings, which are safeguarded under the Italian constitution. Financial markets have calmed amid increasing signs that Italy may avoid imminent elections after the president gave two populist parties time to figure out whether they can agree on an alternative to an anti-euro economy minister.