Italy Pays More to Borrow as Budget Fight Brews
Italy had to offer significantly higher interest rates to sell its bonds on Thursday, a sign of the rising anxiety surrounding Italy’s finances and its leaders’ looming clash with the European Union over its budget plans......»»
Norwegian Air halts flights to Italy because of coronavirus
Norwegian Air has temporarily halted flights to and from Italy because of the coronavirus outbreak, the budget carrier said on Tuesday, adding to the company's financial woes......»»
Breakingviews TV: Vironomics
Italy has pledged 4.5 bln euros to fight a coronavirus outbreak at home, offering tax breaks to keep companies alive. Central banks alone are unable to kill the virus. Lisa Jucca explains the merit of practical economic measures......»»
EasyJet to cancel flights as coronavirus hits demand
British budget airline easyJet said on Friday it would cancel flights and cut costs across its business after the coronavirus outbreak hit demand for travel to Italy and other European markets......»»
Arizona officials keep an eye out, as defense budget again targets A-10 aircraft
WASHINGTON – Arizona officials said they will fight to make sure that Davis-Monthan Air Force Base does not take a hit as a result of the Pentagon’s decision to retire 44 A-10 fighter jets, a mainstay at the Tucson base. The reduction was inclu.....»»
Ryanair talks tough on compensation as 737 MAX woes cloud growth target
The "significant reputational hit" suffered by Boeing's grounded 737 MAX airliner will have to be reflected in the compensation the planemaker pays Ryanair , the CEO of Europe's biggest budget airline said on Monday......»»
Amazon holiday sales jump as one-day shipping pays dividends, stock up 13%
Amazon.com Inc on Thursday posted holiday quarter results well above expectations as the expansion of its one-day shipping program came under budget and membership in its Prime loyalty club notched a 50% rise in two years......»»
US threatens to slap tariffs on Italy and Britain in digital tax fight
Associated Press Mnuchin said Tuesday the US will impose fresh tariffs on Italy and Britain if they move forward with plans to tax technology companies like Google and Facebook. The Trump administration argues such taxes discriminate against Silic.....»»
Business Class Flying Is Under Attack
Abolishing first-class flights isn’t outlandish in the fight against global warming, but the days of mass budget travel might be numbered too......»»
Breakingviews TV: PG&E pays up
The bankrupt Californian utility has pledged $13.5 billion to victims of wildfires it caused, but that’s only one step in a complex fight among rival creditors. A crunch date of June may focus minds, Robert Cyran explains......»»
Battle of the biscuits as Ferrero aims to take a bite out of Barilla
In the red corner is Italy's reigning cookie champion, Barilla's Gocciola. Across the ring in the blue corner is the challenger, Ferrero's Nutella Biscuit. Fight!.....»»
Negative Interest Rates
Imagine a bank that pays negative interest. In this upside-down world, savers are penalized and borrowers get paid to borrow money. Crazy as it sounds, the 2008 financial crisis created a lingering economic slump that drove the European Central Ba.....»»
Fed"s next decision can"t hide the fact that stocks are overvalued
It pays to fight the ‘Fed model’ when it comes to your stocks, writes Mark Hulbert......»»
Mark Hulbert: The Fed’s next rate decision can’t hide the fact that stocks are overvalued
It pays to fight the ‘Fed model’ when it comes to your stocks, writes Mark Hulbert......»»
FCA pays up to keep its Jeep brand on CR7 Juve jersey
Italian-American carmaker Fiat Chrysler more than doubled the value of a jersey sponsorship deal with Juventus in a sign of increasing support from the Agnelli family for Italy's football champions......»»
Exclusive: Italy cuts 2019, 2020 GDP growth forecasts - sources
Italy's new government expects the economy to expand by only about 0.4% next year after eking out 0.1% growth this year, three sources close to the matter told Reuters, underscoring the need for an expansionary 2020 budget......»»
Lufthansa will hold its ground in short-haul price war: CEO
German carrier Lufthansa will continue to fight for market share in the hotly contested market for short-haul flights, where it is determined to compete with budget airlines such as Ryanair , its chief executive said......»»
German bond yields, stocks rise after report of possible debt-fueled spending
Reuters, citing an unnamed senior government official, stunned markets with a report saying the country might issue new debt — and end a commitment to a balanced budget — to fight climate change......»»
Boxing glove autographed by Muhammad Ali in Italy auction
An boxing glove that was autographed by Muhammed Ali to promote the 'fight of the century' with Joe Frazier in 1971 will go under the ha.....»»
Italy says it won"t seek fight with EU, amid talk of government crisis
The Italian government is confident it can reach a compromise with Brussels and avoid sanctions over its deteriorating public finances, the economy minister said as talk of a looming government crisis grew......»»