Business

Airline Monarch to continue operating after £165m investment

Airline Monarch to continue operating after £165m investment

United Kingdom leisure carrier Monarch Airlines' main shareholder, Greybull Capital, is injecting another £165 million into the operator. Monarch management says that the arrival of these "state-of-the-art, fuel efficient aircraft" in less than two years' will enable Monarch to continue to provide passengers with a best in class inflight experience and allow the company to enjoy significant operational cost savings.


Woman fell from 14th floor balcony

Woman fell from 14th floor balcony "trying to escape from Tinder date"

The trial will continue Tuesday. Mr Tostee, 30, is on trial in the Brisbane Supreme Court after pleading not guilty to the New Zealand tourist's murder in the early hours of August 8, 2014. Tostee explains to his father that he and Ms Wright had watched a movie and had sex throughout the course of the evening but that she drank heavily.


Britain's FTSE 100 stock index hits record as pound tanks

Britain's FTSE 100 stock index hits record as pound tanks

The driving force for the market's surge has been today's rapid decline in the pound, down 0.8 percent against the dollar at $1.22. As the pound drops - it's fallen around 20 percent since the June 23 vote to leave the European Union - exporters have seen their goods become more cost competitive in worldwide marketplaces.


Comcast will pay $2.3 million to settle United States billing probe

Comcast will pay $2.3 million to settle United States billing probe

The fine was announced in a statement issued by the chief of the Enforcement Bureau at the FCC, Travis LeBlanc. Going forward, Comcast will be required to clearly ask customers before charging them for new services or equipment and to make it easier for customers to fight erroneous charges.


Alcoa -4% as Q3 earnings, revenue miss expectations

Alcoa -4% as Q3 earnings, revenue miss expectations

Combined with about $1.2 billion in gross proceeds Alcoa has earned from asset sales completed in 2016, AA stock is well positioned to return value to investors in the quarters and years ahead. Retirement Systems of Alabama now owns 1,555,399 shares of the company's stock worth $14,419,000 after buying an additional 457,196 shares during the last quarter.