Business

Bombardier had 'billions of dollars in subsidies' claims Boeing

Bombardier had 'billions of dollars in subsidies' claims Boeing

The U.S. Commerce Department sided with Boeing in a preliminary ruling in October and ordered tariffs of about 300 per cent, a penalty Delta has vowed not to pay. These were initially sparked by Boeing after it complained that Bombardier had won a significant order with Delta Airlines because it had agreed to sell its CSeries "significantly below cost price" to Delta.


Germany's Delivery Hero sells foodpanda India to Ola in stock deal

Germany's Delivery Hero sells foodpanda India to Ola in stock deal

Further, the company has announced that Saurabh Kochhar, who was the CEO of Foodpanda , has made a decision to move on to pursue other business. Foodpanda India claims 12,000 restaurant partners in over 100 cities. Foodpanda had a roller coaster ride with hick ups in operations, including fake listings and unreliable deliveries. The company will benefit from Ola's scale and efficiencies as a platform.



Uber and BBM Messenger Partner to Bring On Demand Rides to…

The service can be launched from the Discover menu and from there, its straightforward sign in and book a ride. The BBM partnership makes use of Uber's web-based app - m.uber - which offers features you'd find in a regular app but comes suited to poor quality connections and lower-end devices.


Fukrey Returns latest Box Office collections will surprise you!

Fukrey Returns latest Box Office collections will surprise you!

Excel Entertainment's 'Fukrey Returns' has emerged as a super-hit film and is proving to be an unstoppable force at the box office. Fukrey Returns is enjoying a wondrous time at the box office. Emerges a SUPER-HIT. [Week 2] Friday 3.31 cr, Sat 5.15 cr, Sun 7.10 cr. In the weekend that went by, the jugaadu entertainer raked in 7.10 crores on its second Friday and managed a fairly respectable total of 15.56 crores.


Monday mayhem as schedules resume in Atlanta after 11-hour power outage

Monday mayhem as schedules resume in Atlanta after 11-hour power outage

Robert Mann, an aviation consultant and former American Airlines executive, said it likely will be Tuesday before Delta's operations in Atlanta return to normal, and for passengers "it could be most of the week" because there aren't many open seats on other flights in the last week before Christmas.



$0.45 EPS Expected for Schlumberger Limited (SLB)

It has underperformed by 18.67% the S&P500. The oil and gas company reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42. Mu Invs, a Japan-based fund reported 290 shares. Leavell Investment Management Inc. now owns 12,355 shares of the oil and gas company's stock worth $965,000 after buying an additional 1,200 shares in the last quarter.