Business


Passengers React to Proposed Air Traffic Control Plan

Trade group Airlines for America and most USA airlines have supported ATC privatisation, and Trump says his plan enjoys support from airlines, passenger advocates and air traffic controllers. First, it says the FAA has been working on upgrades to the air traffic control system and should have it completed by 2020. Commercial airlines are supporting the privatization plan, and opponents are concerned the new system would be dominated by airline interests.


Kogan will launch NBN broadband in 2018

Kogan will launch NBN broadband in 2018

He says the proof of Kogan Mobile's success is in the uptake. The two companies have been collaborating on Kogan Mobile since 2015 and Shafer says the mobile division is a fast growing business unit for Kogan.com, "leveraging the strength of the Kogan brand and its active and highly engaged audience".



Korea rejects S. Korean group's offer of malaria help

North Korea is threatening a sixth nuclear test. The U.N. Security Council on Friday unanimously adopted a USA -drafted resolution imposing new targeted sanctions on a handful of North Korean officials and entities, in response to a series of ballistic missile tests this year that are banned under U.N.


Oil prices slide over worries Middle East rift will undermine output cuts

Oil prices slide over worries Middle East rift will undermine output cuts

Crude prices on Tuesday may also have been buoyed by a Bloomberg survey showing that USA crude inventories probably declined by 3.25 million barrels last week; also, contango, whereby the near-term contract trades at a discount to those for expiration later, narrowed between the July and August WTI crude contracts, thus contributing to bullish sentiment.



Friedberg Investment Management Increases Position in Matador Resources Co (MTDR)

It has underperformed by 4.75% the S&P500. Da Davidson & reported 0% stake. Ahl Partners Llp acquired 40,944 shares as Cirrus Logic Inc (CRUS)'s stock rose 16.93%. Matador Resources Company is an independent energy firm engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays.