Business

Illinois bill would ban passenger removal after UAL incident

Illinois bill would ban passenger removal after UAL incident

CHICAGO - United Airlines is changing a company policy and will no longer allow crew members to displace customers already onboard an airplane. The new policy comes almost a week after a passenger, Dr. The 69-year-old physician had refused to leave, saying he needed to go home to see his patients. On Thursday, United released another statement reiterating its apology to the afflicted customer and promising "immediate, concrete action" to prevent any similar incidents.


Soccer pitch operator Goals Soccer confirms talks with Powerleague

Soccer pitch operator Goals Soccer confirms talks with Powerleague

The firm added that it had "made no decision on any course of action". Goals, which is based in East Kilbride, returned to profit a year ago after posting a loss in 2015 and has been boosted by a new strategy under boss Mark Jones. Chairman Nick Basing said last month that the business was " on its way to being fit for purpose ". Goals Soccer Centres plc (LON:GOAL)'s stock had its "buy" rating reiterated by equities researchers at N+1 Singer in a note issued to investors on Monday.


Oil Rises After Five-Day Slide as Markets Rally and OPEC Cuts

Oil Rises After Five-Day Slide as Markets Rally and OPEC Cuts

Brent for June settlement rose as much as 50 cents, or 1%, to $52.46 a barrel on the London-based ICE Futures Europe exchange. Brent on Friday declined $1.03 to settle at $51.96, while West Texas Intermediate dropped $1.09 to settle at $49.62 per barrel, the lowest close since March 29.


PPG Industries ups bid for Akzo Nobel to $28.8B

PPG Industries ups bid for Akzo Nobel to $28.8B

Akzo Nobel shares jumped as much as 4.85% immediately following the improved bid before paring gains to around 4.4%, but still a record-high €81.60 each that extends their three-month gain to almost 30%. Last week, Akzo presented its case for remaining independent, offering shareholders 1.6 billion euros in extra dividends and detailing plans to sell or float its chemicals arm, representing a third of company sales and profits, within one year.


Ifo economist expects really good first quarter for German economy

Ifo economist expects really good first quarter for German economy

The current assessment index edged up to 121.1 from 119.5, surpassing analysts' expectations of 119.5. In terms of their six-month business outlook, however, companies are somewhat less optimistic. Economists had expected it to stay at 112.4. The association, which represents thousands of companies with over a million workers and more than $200 billion in annual revenue between them, has forecast 1 percent growth this year in output and exports.


LafargeHolcim CEO to depart in wake of Syria controversy

LafargeHolcim CEO to depart in wake of Syria controversy

The internal investigation, which has now been completed, in essence pointed to the company's efforts to salvage a Syria plant that cost some $680 million to build over three years and "was one of the only sources of meaningful employment for the surrounding communities", according to a company statement.