WASHINGTON (Reuters) – The chair of a panel of international regulators that harshly criticized the Federal Aviation Administration’s certification of the now grounded Boeing 737 MAX will testify Tuesday before a Senate committee, a statement from the committee showed. Christopher Hart, a former National Transportation Safety Board chair who oversaw the review, will speak before […]
A Leeds mum has made a hugely successful business providing raves for toddlers after being forced to quit her old job. Faye Kenny needed some cash after giving birth to her son, Ziah, but had couldn't go back to her old job after discovering she had a heart condition. The 32-year-old said: "A lot of […]
(Reuters) – Industrial bellwether Caterpillar Inc (CAT.N) fell short of Wall Street estimates for quarterly profit on Wednesday and cut its forecast for overall earnings in 2019, as it reported a 13% slide in Asia sales driven by weakening demand in China. The results, the latest hint of the deepening fallout for companies of U.S.-China […]
ONE of Ireland’s main pharmaceutical employers, Novartis, is set to axe 320 jobs as part of a major restructuring of its Irish operation. Novartis, which employs more than 1,000 people across Ireland, confirmed the job losses at a meeting of workers at its main Ringaskiddy plant in Cork at 8.15am today. Please log in or […]
A former boss of Thomas Cook, who presided over a major expansion, has denied saddling the firm with a debt pile that ultimately killed the business. Manny Fontenla-Novoa, who ran the company from 2003 to 2011, told MPs investigating the firm’s collapse it was wrong to suggest that financial management during his tenure was responsible. […]
Irish investment fund MML Growth Capital Partners has become the largest equity holder in RelateCare, a healthcare communications consultancy and outsourcing company. MML typically invests between €2m-€12m in businesses. It is understood that its investment in RelateCare is around €12m. The combined business is on track to achieve revenues of circa $24m (€21.5m) this year. […]
TOKYO (Reuters) – Shares of SoftBank Group Corp fell 3% in morning trade on Wednesday as the tech conglomerate agreed to spend more than $10 billion to take over beleaguered office-space sharing startup WeWork, adding to its financial pressures. The deal, structured to give SoftBank an 80% stake in – but not control of – […]
WASHINGTON (Reuters) – U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes. The National Association of Realtors said on Tuesday that existing home sales fell 2.2% to a seasonally adjusted annual rate of 5.38 million units last month, […]
Mum Katy Tate had just moved into her new home, but wasn't entirely happy with the kitchen. "The brown and blue weren't really to my taste and it was all quite dated – I just wanted to put my own stamp on it," the the 32-year-old from Durham said. But getting a new one was […]
SINGAPORE – A residential development site situated off Upper Serangoon Road has been put up for sale via public tender at an indicative price of $13.5 million. This works out to $850 per square foot (psf) on a land area of around 15,871 square feet (sq ft), exclusive marketing agent CBRE said on Tuesday. The […]