Business

“Ryanair Must Give Travellers Compensation”

3Jun

By Eunice MontjoyNo Comments

“Ryanair Must Give Travellers Compensation”

"Ryanair Must give Travellers Compensation for a pilot Strike." Ryanair has been sentenced to a claim for damages for 1,250 victims who could not fly due to the airline strike. For that reason, the company is also hanging over the claims of 110,000 other travellers, claims organisation Aviclaim said Monday. In total, the latter would amount to 35 million euros, says Aviclaim. The decision of the court in Eindhoven concerns the passengers of 203 cancelled flights. The 1,250 travellers who went to court receive an average of 318 euros per person, the claim organisation says. It comes to a total amount of almost 400,000 euros. Ryanair defended itself in the court case by stating that there was force majeure so that compensation would not be needed. According to the judge, howev...

“Tesla sells more Individual Solar Cells”

16May

By Eunice MontjoyNo Comments

Business, International, News

“Tesla sells more Individual Solar Cells”

"Tesla Sells more individual solar Cells than the company mounts on Roofs." Most of the solar cells that Tesla makes and purchases are sold abroad and are therefore not used for unique solar roofs as initially intended, according to reports on Wednesday based on internal documents from Elon Musk's company. It would indicate Tesla's problems on the solar panel market. According to an unknown initiator, Tesla only buys sporadic solar cells for placement on roofs. Since the end of February, only slightly more than 21 so-called Solar Roof systems are connected. In 2016, the company bought the solar panel manufacturer SolarCity for 2.6 billion dollars. Tesla did that together with Panasonic. Both companies would produce cells and modules. As a result of this, Musk's company ent...

ING Will Bring Apple Pay Soon To The Netherlands

4May

By Eunice MontjoyNo Comments

Business, Netherland, News

ING Will Bring Apple Pay Soon To The Netherlands

ING Will bring Apple Pay soon to the Netherlands. ING will offer Apple Pay soon in the Netherlands, and the bank announced on in a press release. On a web page, ING promises to tell you more about the arrival of the service. When the payment service is offered in the Netherlands and which customers are eligible has not yet been declared. The website only states that it will take "a little longer" until the bank offers Apple Pay. "This is all I can tell about it right now," an ING spokesperson said. "Furthermore, I cannot reveal anything about it." It is not yet evident whether other banks have plans to support Apple Pay in the Netherlands. A Rabobank spokesperson did not want to comment on whether the bank has plans for Apple Pay. ABN AMRO has announced that it is discussing Appl...

The US President Donald Trump again Proposes an Interest Rate Cut

30Apr

By Alan LorenzNo Comments

Business, News, US

The US President Donald Trump again Proposes an Interest Rate Cut

The US President Donald Trump again Proposes an Interest Rate Cut. If the umbrella of central banks in the United States lowered interest rates by 1 percentage point, the economy would go up like a rocket. That is at least the prediction of President Donald Trump. The American also advocates an extension of a bond-buying program. Trump threw his message into the world via Twitter. He added that the US economy is doing very well with 3.2 percent growth, but with the current low inflation, there would be new records in the making if the Fed let its ears hangover to the president. He also referred to the national debt, which would then be much lower in proportion. Trump has repeatedly criticised the Fed and believes that the umbrella of central banks should do more for the economy...

Uber Is Allowed To Leave The Road Again With Self-Driving Cars

18Dec

By Eunice MontjoyNo Comments

Business, News, US

Uber Is Allowed To Leave The Road Again With Self-Driving Cars

Uber is Allowed to leave the Road again with Self-driving Cars. The American city of Pittsburgh has given Uber permission to test self-driving cars on public roads again. The tests were stopped in March after an accident fell in a crash. Uber received approval from the Department of Transportation in the state of Pennsylvania, according to the reports. An Uber spokesperson affirms the approval but states that the tests have not yet begun. "We have not yet put self-driving cars back on the road." Nine months ago, a self-driving car from Uber got involved in a deadly accident. Then the company immediately halted its tests. Research later showed that the human driver, who must intervene when essential, was misled. It was then too late to intervene to avoid the victim. Uber di...

Rabobank Investigates The Sale Of Activities In The United States

13Nov

By Eunice MontjoyNo Comments

Business, News, US

Rabobank Investigates The Sale Of Activities In The United States

Rabobank Investigates the sale of Activities in the United States. Rabobank is investigating the sale of activities in the United States, according to the reports by insiders. The deal could result in more than 1 billion dollars. These were parts of the American branch of Rabobank that are engaged in asset management and services to retailers. Rabobank N.A., as that American branch is called, according to data from the Federal Reserve, total assets worth $ 13.5 billion. In 2014, we also observed at a sale of the same parts, but that was not followed up. It later became known that justice in the US investigated Rabobank because of the processing of different payments. The bank eventually had to pay $ 368 million for that matter.

Transavia Examines Tax On Rolling Suitcases In Hand Baggage

4Nov

By Eunice MontjoyNo Comments

Business, Europe, News

Transavia Examines Tax On Rolling Suitcases In Hand Baggage

Transavia examines Tax on rolling Suitcases in Hand Baggage. Airline Transavia will investigate a tax on larger pieces of hand luggage. That verifies a representative on Friday. Price fighters Ryanair and Wizzair have already started a similar charge on Thursday. Reason for the research is the increasing difficulties with the amount of hand luggage in the aircraft of Transavia. According to the reports, there is insufficient space in the plane, which leads to overcrowding and delays. "We notice an increase in the use of trolleys as hand luggage. It leads to congestion in the cabin and delays, "said Norbert Cappetti, a representative for the Dutch airline. "We are investigating some options to identify this, following our colleagues." Examples of possible options are overco...

27Aug

By Eunice MontjoyNo Comments

Business, Germany, News

Tesla Drops On German Stock Exchange

Tesla Drops on German stock exchange after 180 Degrees turn over Stock exchange Exit. Tesla went down considerably on Monday morning at the German trade fair Tradegate. The share stood at around 4 percent value loss around eleven o'clock after the stock exchange of the electric car manufacturer was cancelled this weekend. Topman Elon Musk declared that Tesla will still be listed on the stock exchange. Earlier, he announced via Twitter that he wanted to get his company off the stock for 420 dollars per share. He claimed in that tweet that the financing was already around, on which Tesla shares raised significantly in a short time. Musk came after a dialogue with shareholders about his conclusion to keep Tesla on the stock market. They were gravely concerned about the exit plan...

Share Facebook Down By More Than 19 Percent

28Jul

By Alan LorenzNo Comments

Business, News, Technology

Share Facebook Down By More Than 19 Percent

Share Facebook down by More than 19 percent After Disappointing Figures. The Facebook share fell by 19 percent on Thursday after the company presented disappointing quarterly earnings on Wednesday. For more than 76 billion pounds in market value evaporated due to the sharp fall of one of the most arguably essential stocks in the world. Investors seemed to fear a link between the privacy scandal surrounding the social media company and the disappointing figures. Topman Mark Zuckerberg saw his paper assets drop by 11 billion pounds. Also means that all growth of its assets for this year has disappeared. Zuckerberg now accounts for about 54 billion pounds and lost its place in the top of the wealthiest business people. Worldwide the number of Facebook users increased, but less qu...

Opel Has To Explain How Three New Types Of Diesel Engines Work

14Jul

By Alan LorenzNo Comments

Business, Germany, News

Opel Has To Explain How Three New Types Of Diesel Engines Work

Opel has to Explain how Three New types of Diesel engines Work. Opel must account for the operation of three new types of diesel engines. The German Transport Ministry confirmed this after reporting. The questions from the German officials are about the system that cleans the exhaust gases from the diesel engines that meet the Euro-6 directive. A spokesperson for the ministry does not want to speculate whether the system complies with the rules. It is also unknown in how many car models the diesel engines are and how many cars have been delivered with the relevant engines. Opel has two weeks to answer the questions from the Kraftfahrt-Bundesamt, the German counterpart of the Rijksdienst voor Wegverkeer. Opel, unlike other German car companies, has not yet been involved in scan...