Finance News

Norwegian To Offer $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian To Offer $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian Air has just announced a new route that is sure to shake things up across the Atlantic: new service from Seattle to London Heathrow for $199 one-way. The airline will offer four flights a week aboard a Boeing Dreamliner 787-9 aircraft, which can carry up to 35 first class […]

Alphabet Inc (NASDAQ:GOOG) Silences Messages It Dislikes, Former Reporter Asserts

Alphabet Inc (NASDAQ:GOOG) Silences Messages It Dislikes, Former Reporter Asserts

Earlier, a scholar called Barry Lynn had offered his support to an EU antitrust to fine against the search provider. In retaliation, the company resolved to eliminate the scholar from the New America think tank it funds. At the moment, a former Forbes writer has launched claims asserting that Google […]

Lyft Begins Service in Canada Its First International Venture

Lyft Begins Service in Canada Its First International Venture

U.S. based Lyft Inc. the ride-hailing company launched on Tuesday its service north of the border in Toronto, marking its first venture outside the U.S. in its battle against Uber Technologies. Lyft prides itself on being a friendlier version of its biggest competitor Uber, which currently is facing several investigations […]

Kazakhstan Assets Totaling $22 Billion Frozen by BNY Mellon

Kazakhstan Assets Totaling $22 Billion Frozen by BNY Mellon

The Bank of New York Mellon froze $22 billion in assets that the Kazakhstan National Fund holds due to a lawsuit that was launched by Anatolie Stati a Moldovan businessman and his businesses against the government of Kazakhstan, said a source familiar with this case. The National Bank in turn […]

Venezuela Will No Longer Accept Payment for Oil in U.S. Dollars

Venezuela Will No Longer Accept Payment for Oil in U.S. Dollars

In Venezuela this week the government announced that it would no longer be accepting payments in U.S. dollars for the oil it sells. This is a huge shift from typical practices in the oil market. The government is believed to have decided that PDVSA, its national oil company will now […]

Alphabet Inc (NASDAQ:GOOG) Collaborates With Xiaomi In A Bid To Capture A Huge Market Share

Alphabet Inc (NASDAQ:GOOG) Collaborates With Xiaomi In A Bid To Capture A Huge Market Share

This provider had over numerous instances attempted to lock down the enormous Indian smartphone market with its Android One smartphone program. Google was optimistic that the Android One would succeed at impressing a lot of users by helping them obtain cheap smartphones employing latest version of Android. This was indeed […]

Alibaba Group Holding Ltd (NYSE:BABA) And Amazon.Com, Inc. (NASDAQ:AMZN) Increasingly Turning To Physical Stores

Alibaba Group Holding Ltd (NYSE:BABA) And Amazon.Com, Inc. (NASDAQ:AMZN) Increasingly Turning To Physical Stores

Despite the end of brick and mortar stores having been predicted, Alibaba Group Holding Ltd (NYSE:BABA) and Amazon.com, Inc. (NASDAQ:AMZN), who were once pure-play ecommerce firms are now opening their own physical retail centers to become some sort of hybrid retailers. In the case of Amazon, what started out as […]

Britain’s Authorities Fine Merrill Lynch for Not Reporting Transactions

Britain’s Authorities Fine Merrill Lynch for Not Reporting Transactions

Merrill Lynch, a unit of Bank of America, was fined in the amount of $45.5 billion by the Financial Conduct Authority in Britain for not reporting details of its trading in exchange-traded derivatives, the British market regulator announced. Monday’s enforcement action, which is the first of a kind under Britain’s […]

California Sued by Drug Companies Over Transparency Law

California Sued by Drug Companies Over Transparency Law

The pharmaceutical industry filed a lawsuit challenging the constitutionality of a new law that California Governor Jerry Brown signed and who many consider to be the most comprehensive legislation related to transparency in prices of prescription drugs in the country. The Pharmaceutical and Manufacturers of America, calling the two-month old […]

Bill Ackman Making Comeback With ADP in His Sights

Bill Ackman Making Comeback With ADP in His Sights

Bill Ackman the embattled activist investor has started his comeback, but it does not appear he picked a target that will be easy. Automatic Data Processing, the outsourcer that handles payroll checks for more than 26 million workers in the U.S., is resisting pressure from Pershing Square Capital Management, Ackman’s […]