Category: Business

Proportion
staffDecember 27, 2016

OPEC-fueled oil price rally means higher gas prices

U.S. retail gasoline prices continued moving higher as the year winds down, but some relief may come with the start ...

Proportion
staffDecember 21, 2016

New T-X jet trainer flight tested

A new jet aircraft being offered to the U.S. Air Force as a trainer has successfully completed its first flight. ...

Proportion
staffDecember 21, 2016

World’s oldest bank Banca Monte dei Paschi could run out of money in four months

Shares in Banca Monte dei Paschi were suspended from trading again on Wednesday after the struggling lender issued a new ...

Proportion
staffDecember 21, 2016

Rolls-Royce contracted for V-22 engine support

Rolls-Royce has received a $407.7 million contract modification to perform MissionCare engine maintenance support for V-22 Osprey aircraft. The contract ...

Proportion
staffDecember 21, 2016

Spike in gas prices ahead of U.S. holidays

With just a few days before Christmas weekend, U.S. holiday travelers are seeing spikes at the gas pump because of ...

Proportion
staffDecember 21, 2016

GM and Fiat Chrysler cut jobs in US and Canada as consumers turn to SUVs, pickups

For unionized autoworkers, even amid a booming U.S. market, the only safe jobs of late have been building pickups and ...

Proportion
staffDecember 21, 2016

Volkswagen expected to be hit with another $1 billion fine over emissions devices

Volkswagen was handed its latest sizable settlement for rigging its cars to fake their way through emissions testing, with this ...

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staffDecember 18, 2016

Venezuela to delay currency revocation plan amid economic chaos

Venezuelan President Nicholas Maduro said in a national address Saturday the country would delay removing 100 bolivar bills from circulation ...

Proportion
staffDecember 12, 2016

South Korea receives 60 KEPD 350K missiles for deployment

Air-to-surface missiles capable of precision strikes against Kim Jong Un’s presidential palace are to be installed on South Korean fighter ...

Proportion
staffDecember 11, 2016

Iran signs contract to buy 80 Boeing planes

Iran Air said Sunday it had finalized a contract to buy 80 planes from US firm Boeing, the official IRNA ...