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United Airlines Offers 5% Pay Hike To Pilots Ahead Of Schedule
United Airlines Holdings Inc. is giving pilots a 5 percent pay raise as promised during a pandemic cost-reduction deal, reports said. The pay hike is months ahead of schedule following the airline's return to profitability and positive outlook. The news came as the airline is struggling to come to terms on a new contract with its pilots' union, The Air Line Pilots Association or ALPA.
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1400 days ago
Bay Street Looks Headed For Positive Start
Higher stock futures and firm crude oil and gold prices point to a positive start for the Canadian market on Friday.
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1400 days ago
Innovid Trims FY22 Revenue Outlook - Update
While reporting financial results for the third quarter on Friday, advertising platform Innovid Corp. (CTV) provided revenues guidance for the fourth quarter and trimmed its revenue outlook for the full-year 2022.
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1400 days ago
Algonquin Power & Utilities Slashes FY22 Outlook As Q3 Adj. EPS Misses Estimates
Algonquin Power & Utilities Corp. (AQN, AQN.TO) reported Friday a net loss attributable to shareholders for the third quarter of $195.2 million or $0.29 per share, sharply wider than $27.9 million or $0.05 per share in the prior-year quarter.
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1400 days ago
Pound Eases As U.K. Economy Shrinks
The pound retreated from its early highs against its most major counterparts in the European session on Friday, as the U.K. economy contracted in the third quarter, fuelling concerns over a recession.
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1400 days ago
Sensex, Nifty Surge Amid Global Rally; Auto Stocks Underperform
Indian shares rallied on Friday as cooling U.S. inflation fueled hopes the Federal Reserve would soon start scaling down the size of its interest-rate hikes.
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1400 days ago
Elon Musk Reportedly Warns Twitter Bankruptcy Possible
Elon Musk, in his first meeting with Twitter staff following the acquisition, warned that the social media platform could file for bankruptcy next year, reports said. The news comes as more and more key employees are leaving Twitter following the recent mass layoff. The U.S. Federal Trade Commission said its watching Twitter with deep concern after the company's top privacy and compliance officer
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1400 days ago
more news
European Shares Rise As China Eases COVID Curbs; FTSE 100 Underperforms
European stocks rose on Friday to extend gains from the previous session as cooling U.S. inflation fueled hopes the Federal Reserve would soon start scaling down the size of its interest-rate hikes.
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1400 days ago
FTSE 100 Gives Up Early Gains As Economy Shrinks In Third Quarter
U.K. stocks gave up early gains to turn flat on Friday after official data showed the U.K. economy contracted for the first time since early 2021 in the third quarter.
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1400 days ago
CAC 40 Extends Gains On Hopes Of Fed Easing
French stocks rose on Friday to extend gains from the previous session as softer-than-expected U.S. inflation data fueled hopes the Federal Reserve will ease up on its interest-rate increases in the coming months.
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1400 days ago
DAX Edges Higher As China Eases COVID Curbs
German stocks eked out modest gains on Friday, as China eased some of its COVID-19 curbs and cooling inflation fueled hopes the U.S. Federal Reserve will go slow on interest-rate hikes.
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1400 days ago
Asian Shares Climb On Fed Pivot Hopes
Asian stocks soared on Friday, as China cut quarantine restrictions for inbound travelers and flights, and softer-than-expected U.S. inflation data fueled hopes the Federal Reserve will ease up on its interest-rate increases in the coming months.
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1400 days ago
European Shares Seen Broadly Higher As Recession Worries Ease
European stocks are seen opening broadly higher on Friday as fears of a U.S. recession eased.
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1400 days ago
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