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The agreement was announced this week at the Dubai Airshow. The 225-aircraft deal, which was worth around $27 billion, was the biggest ever order from the Middle East for single-aisle passenger planes , the company said. Boeing 777 freighters have a list price of $325.7 million. The Franke deal also marks a dramatic swan song for Airbus sales chief Leahy, who is due to retire in the coming months from a role he has held since 1994.
  • United Kingdom interest rates set to rise as inflation hits 3%

    United Kingdom interest rates set to rise as inflation hits 3%

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    According to the statistics agency, the inflation growth was stimulated by rising prices for food, recreational goods, and transport costs. Grilled by the House of Commons Treasury Select Committee, Carney stuck by the Bank of England's revised estimates that inflation would peak in October or November this year.
  • Walmart To Launch Mobile Express Returns

    Walmart To Launch Mobile Express Returns

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    The app will generate QR code for the said transaction, and then after that, they can walk into a physical Walmart store to return or exchange the items they purchased online, the TechCrunch reported. The "keep it" policy will initially apply to household items like shampoo, cosmetics and cleaning supplies with others added over time. Electronics came in second at 33 percent and shoes were right behind at 32 percent of shoppers.
  • Canada defends refugee vetting system after auto and knife attack

    Canada defends refugee vetting system after auto and knife attack

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    A Somali refugee who attacked a policeman with a knife after striking him with his auto and then injured four others in a driving rampage in Edmonton , Alberta was charged with five counts of attempted murder Monday. Of the four pedestrians, two suffered head injuries including a skull fracture. Mr Sharif had been known to police for believing in extremist ideology.
  • GM Joins Growing List of Carmakers Going Electric

    GM Joins Growing List of Carmakers Going Electric

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    The automaker said arriving at a "zero emissions future" will require a two-pronged approach - battery electric and hydrogen fuel cell electric depending vehicles. GM shares were up 4%, to $42, though most of those gains came ahead of the news . In a push to produce cars powered by batteries or fuel cells, General Motors on Monday laid out a strategy to vastly expand the number of electric models in the marketplace.
  • Another Ex-VW Exec Arrested In Germany Over Emissions

    Another Ex-VW Exec Arrested In Germany Over Emissions

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    With the additional charges, the German auto maker has increased its provisions to cover the costs of the diesel scandal to EUR25.1 billion , ($29.67 billion ) from EUR22.6 billion previously. In the United States, where the diesel test-cheating scandal originated, the carmaker must also provide hardware fixes and in some cases buy back cars.
  • Roku connects with investors in debut, shares up 16.6 percent

    Roku connects with investors in debut, shares up 16.6 percent

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    The company's shares were set at 11.50 euros ahead of its slated market debut Friday, giving it a value of around $1.06 billion, according to Reuters . A pioneer in helping consumers cut the cord from traditional cable, Roku made one of the first devices to offer streaming content such as Netflix over TVs.
  • Toys 'R' Us CEO Says Bankruptcy Marks 'Dawn of a New Day'

    Toys 'R' Us CEO Says Bankruptcy Marks 'Dawn of a New Day'

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    Aside from collaborating with debt holders and creditors to work on the debt, the other objectives of Toys "R" Us are to improve its customer service online and in physical stores and to fortify its place in the competition as more changes and challenges emerge in the global retail industry.
  • Stadium Group PLC (SDM.L) Sees The Tape Move Mid-Market

    Stadium Group PLC (SDM.L) Sees The Tape Move Mid-Market

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    Investors of record on Thursday, September 14th will be paid a GBX 4 ($0.05) dividend. FBR Capital maintained TCF Financial Corporation (NYSE:TCF) on Saturday, September 5 with "Outperform" rating. Shore Capital reiterated a "buy" rating on shares of Henderson Group Plc in a research note on Thursday. Galliford Try plc (LON:GFRD) has 0.00% since September 14, 2016 and is.
  • US Poverty Rate Falls, Median Income Rises in 2016

    US Poverty Rate Falls, Median Income Rises in 2016

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    Households gained the most on the Northeast and West, but the median income was essentially flat in the Midwest and actually declined in the South. However, the Census Bureau changed its methodology in 2014, so the record isn't definitive. Median income is up 3.2 percent, 9 percent remain without health insurance coverage and the percentage of Americans living below the federal poverty line is holding steady at 12.5 percent.
  • Palace Announces Prince William, Kate Expecting Third Child

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    Kate is less than 12 weeks pregnant, Kensington Palace confirmed on Monday, with the Princess having to pull out of a public engagement due to morning sickness. And Kate also gave an extremely telling clue that she wants more children in the future in Poland. "We will just have to have more babies", she said laughing.
  • Renault joins United Kingdom scrappage stampede

    Renault joins United Kingdom scrappage stampede

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    Two years ago, it was revealed that Volkswagen had cheated emissions tests that affected 11 million vehicles worldwide. British drivers trading any brand of older diesel vehicle for a new Volkswagen will receive discounts of £1,800 ($2,300) on a compact model , £4,000 ($5,170) on a Golf, and £6,000 ($7,750) on a minivan.
  • Sindhu on course to become 1st Indian world champion shuttler

    Sindhu on course to become 1st Indian world champion shuttler

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    The Japanese tried to engage Saina in fast-paced rallies, which were mixed with down-the-line smashes and cross-court angled returns, sandwiched by deceptive drops. In the decider, Saina grabbed an early 3-1 lead but Okuhara soon started dominating the rallies. In the next point, Okuhara produced a consummate finish with deception on a push down the line, on the forehand side to take the game to 14-7 before taking a ten-point lead at 17-7.
  • Costain Group (LON:COST) New Price Targets

    Costain Group (LON:COST) New Price Targets

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    This is 7.79% from the last stock close. Among 15 analysts covering Playtech Ltd ( LON:PTEC ), 14 have Buy rating, 0 Sell and 1 Hold. Therefore 17% are positive. Tpg Group Holdings (Sbs) Advisors Inc., a Texas-based fund reported 2.16 million shares. The Firm operates in three divisions: retail water operations, bulk water activities and services operations.
  • Qatar criticizes Saudi

    Qatar criticizes Saudi "political manipulation" of hajj

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    In 2016, about 1.8 million pilgrims performed hajj. The Emirates' Senior Vice-President, Commercial Operations, Gulf, Middle East and Iran, Adil Al Ghaith, said that travelling for hajj was a unique experience for Muslims around the world, and the airline expected over 20,000 pilgrims to travel with it this year.
  • Apple's Iowa data center could make Siri better in the US

    Apple's Iowa data center could make Siri better in the US

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    Cook promised to invest $100 million to a newly created public improvement fund to be used for community development, including the revitalization of streets, libraries and parks. The decision was lauded by Iowa Governor Kim Reynolds, a Republican. "And as you look at the age demographics and the growth of Iowa, I think it's really hard to challenge the fact there are ancillary growth benefits from making an investment like this", he said.