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Shadow

Category: Business

Trips to SeaWorld over animal welfare concerns axed by Thomas Cook
Business 

Trips to SeaWorld over animal welfare concerns axed by Thomas Cook

July 29, 2018 by Kartik Pandey

Holiday goliath Thomas Cook has declared it will quit pitching trips to animal parks that keep killer whales. The firm said over 90% of its clients were worried about animal welfare. The two parks it will quit pitching tickets to subsequently are…

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Shares of Twitter plunge as user total falls
Business Technology 

Shares of Twitter plunge as user total falls

July 28, 2018 by Kartik Pandey

Twitter shares have shut down over 20% after the messaging platform revealed a fall in dynamic users. Client numbers tumbled to 335 million in the second quarter of the year, down one million from the past three months. Amid the quarter Twitter…

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Record quarterly profit delivered by Amazon
Business 

Record quarterly profit delivered by Amazon

July 27, 2018 by Kartik Pandey

Amazon has detailed record quarterly benefits helped by an ascent in online sales and interest for its cloud administrations. Benefits hit a record $2.53bn (£1.9bn) in the three months to the finish of June – around 12 times more than it made…

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Shares of Airbus soar on higher profits
Business 

Shares of Airbus soar on higher profits

July 26, 2018 by Kartik Pandey

Profit’s at Airbus more than doubled in the second quarter in spite of a spluttering start to 2018. Bottlenecks of undelivered aircrafts started to ease, while costs identifying with its most recent huge jet, the A350, were down. After a progression of…

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Fairfax and Nine, Australian media mammoths agree to merge
Business 

Fairfax and Nine, Australian media mammoths agree to merge

July 26, 2018 by Kartik Pandey

Australian media mammoths Nine Entertainment and Fairfax have consented to merge, making what they say will be the country’s “largest integrated media player”. The unexpected deal, worth an estimated £2.25bn; gives Nine Entertainment a 51.1% stake. The new business will be known…

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Sergio Marchionne, ex-boss of Fiat dies at 66
Business 

Sergio Marchionne, ex-boss of Fiat dies at 66

July 25, 2018 by Kartik Pandey

Former CEO of car manufacturer Fiat-Chrysler, Sergio Marchionne, has passed away in the hospital in Zurich at the age 66. He was supplanted four days prior when his wellbeing declined following complications from a surgery on his right shoulder. Mr. Marchionne, who…

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Airlines say French air traffic controllers’ strikes break the European Union laws
Business 

Airlines say French air traffic controllers’ strikes break the European Union laws

July 24, 2018 by Kartik Pandey

Four European carriers are claiming France is violating EU law since strike by its air traffic controllers are limiting the freedom of travel. Ryanair, Easyjet, Wizz Air and IAG, the owner of BA and Iberia, are presenting their objection to the EU…

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Tesla shares take a dive following report it is seeking refunds
Business 

Tesla shares take a dive following report it is seeking refunds

July 23, 2018 by Kartik Pandey

Tesla shares have taken a dive after a report that it is looking for refunds from a few suppliers. The e-car manufacturer, which is headed by CEO Elon Musk, informed the suppliers the refunds were critical to its capacity to remain in…

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Egyptian billionaires Sawiris and Eden to buy British football club Aston Villa
Business 

Egyptian billionaires Sawiris and Eden to buy British football club Aston Villa

July 22, 2018 by Kartik Pandey

Egyptian billionaire Nassef Sawiris and Wes Edens, co-founder Fortress Investment Group have agreed to buy a majority of the shares in Aston Villa, injecting funds into the English soccer team that narrowly missed rejoining the lucrative Premier League last season. Tony Xia, the Chinese businessman…

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Elon Musk’s farting unicorn fight settled
Business Technology 

Elon Musk’s farting unicorn fight settled

July 21, 2018 by Kartik Pandey

CEO of Tesla Elon Musk has reached an agreement with a Colorado potter who accused the billionaire of using his farting unicorn without permission. Tom Edwards did not specify what exactly had been agreed – saying only that the issue had been…

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