http://businesstimes.com.sg/sites/default/files/styles/article_img/public/image/2016/11/29/JT-40703327%20-%2028_11_2016%20-%20LUFTHANSA-UNIONS__0.jpg

Markets

On the off chance that the strike proceeds as arranged, it might cost the carrier around 45 million euros ($48 million), in light of evaluations from the organization. This followed walkouts a year ago and is part of a long-running battle over pay. Lufthansa in October said it expected annual earnings before interest and tax in 2016 to reach "approximately the same level" as 2015's 1.8-billion-euro ($1.9 billion) figure.
  • Fantastic Beasts Dominates Weekend Box Office

    Markets

    The movie cost $180 million to produce, and kicks off a five-film series based on the wizarding world for its studio, Time Warner Inc.'s TWX, +0.73% Warner Bros. Pre-release tracking had predicted around $90 million for the weekend , according to Box Office Mojo . Nabbing fourth place was the sci-fi drama "Arrival" with $11.8 million, and rounding out the top five was the comedy " Almost Christmas " with $7 million.
  • Donald Trump disavows 'alt-right' group, defends Stephen Bannon

    Donald Trump disavows 'alt-right' group, defends Stephen Bannon

    Markets

    Spencer , who has been credited with coining the phrase alt-right, was filmed telling about 200 supporters that the United States belongs to white people. We know that Trump sure loves to tweet , and I'd say a tweet bashing Spencer and the NPI would be pretty well-timed right about now. Started by the National Policy Institute's Spencer, the alt-right is a gathering of white supremacists who have become more and more outspoken since Trump's election.
  • Sensex Wipes Out 12-Month Gains, Nifty Closes Below 8000 Points

    Sensex Wipes Out 12-Month Gains, Nifty Closes Below 8000 Points

    Markets

    In last seven out of eight trading sessions, the index has lost a whopping 1,826 points or 6.6 percent, as investors fret over the cash crunch in the system due to demonetisation drive while a likely U.S. The 30-share BSE Sensex ended at 25,765.14, down 385.10 points, or 1.5 percent from previous close. In overseas markets, Asian markets gained in the wake of solid gains in U.S.
  • Thanksgiving Turkey Prep Should Start Now

    Thanksgiving Turkey Prep Should Start Now

    Markets

    The Missoula Food Bank will hand out more than 1,800 turkeys to families for Thanksgiving this year, and the pretty-full pantry had executive director Aaron Brock feeling especially thankful Monday. Interestingly enough, almost 3 in 10 Americans, prepare these same traditional dishes with an ethnic twist or cooking method from another culture (29%).
  • US Jobless Claims Unexpectedly Drop To Lowest Level In Over 40 Years

    Markets

    The state jobless rate remains lower than the national average, which was 4.9 percent for October. IN is reporting the lowest unemployment rate of the surrounding states, with MI being the closest at 4.7 percent as well. "Over the year, Northern Virginia added about 2,400 jobs per month on average; Richmond added about 1,000 jobs per month on average in the last year", she said.
  • Bank of Mexico lifts rates amid peso's fall

    Bank of Mexico lifts rates amid peso's fall

    Markets

    Following the announcement of a 50bps hike, the Mexican peso weakened immediately and further upside movement in the USD/MXN pair is likely in the very near term. The President-elect has threatened to unwind NAFTA and block money sent home by migrants to pay for a border wall. Elsewhere, comments by Federal Reserve Chair Janet Yellen that the US central bank could tighten monetary policy "relatively soon" cemented bets on a December rate hike and helped send Brazil's stock market and the ...
  • Rauner, lawmakers discuss reported $7B deficit during talks

    Rauner, lawmakers discuss reported $7B deficit during talks

    Markets

    They come after a state board ruled Tuesday that contract talks between Rauner's administration and the state's largest public-employees union are hopelessly deadlocked. I've worked in social services since 1980. "The only way we get out of this is to grow our tax base by keeping jobs here, and we're having troubling, I think, connecting those dots", she said.
  • No question of roll back of demonetisation, says Jaitley

    No question of roll back of demonetisation, says Jaitley

    Markets

    Grappling with unending queues and frayed tempers in banks and to check operation of syndicates, the government yesterday chose to introduce a system of marking customers exchanging defunct currency notes with indelible ink from today onwards in major metro cities.