Gerard Power

13 Flips | 1 Magazine | @gerard4 | Keep up with Gerard Power on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Gerard Power”

U.K. scrambles to help stranded travelers after 'biggest ever' airline failure

Britain is rushing to help more than 100,000 travelers get back to the country after it suffered its largest ever airline collapse.<p>"This is an unprecedented response to an unprecedented situation," British Transport Minister Chris Grayling said Monday, describing the measures following the sudden …

Monarch Airlines

China Imposes New Sanctions on North Korea – Bloomberg

China Imposes New Sanctions on North Korea<p>China Imposes New Sanctions on North Korea<p>China Imposes New Sanctions on North …

North Korea

Hit by Chinese Hackers Seeking Industrial Secrets, German Manufacturers Play Defense

Smaller German companies that help power the country’s export-driven economy are vulnerable, prompting the government to extend support<p>BERLIN—A wave of attacks by Chinese hackers on Germany’s cutting-edge manufacturers is raising alarm in Berlin and prompting the government to step in to defend the …

Uber Loses License to Operate in London

LONDON — Uber’s history of scandals and disregard for local rules finally caught up with it on Friday, when London declined to renew the ride-hailing company’s license to operate in the city, its largest European market.<p>Transport for London, the agency that oversees the city’s subways, buses and …

Another major deal in defense sector as global tensions rise

FALLS CHURCH, Va. (AP) — Northrop Grumman is buying Orbital ATK for about $7.8 billion, with a backdrop of rising global tensions accelerating big …

Ban on North Korean clothing exports will hurt women the most, experts say

By Anna Fifield<p>Anna Fifield<p>Beijing bureau chief.<p>Email Bio Follow<p>SEOUL — There are few areas in the North Korean economy, outside its nuclear weapons program, that could be called booming. But the garment industry has been one of them.<p>Over the past few years, North Korea has been sending increasing …

North Korea

UK signs deal with Qatar for 24 Typhoon jets in boost for BAE

BAE Systems will supply 24 Typhoon fighter jets to Qatar, preserving thousands of British manufacturing jobs in the biggest export deal for the Typhoon project in a decade.<p>Defence secretary Michael Fallon signed a statement of intent with his Qatari counterpart Khalid bin Mohammed al Attiyah on …

Dubai Awards $3.9 Billion Solar Energy Contract to Shanghai Electric, ACWA Power

(DUBAI) – Dubai’s state energy utility awarded a $3.9 billion contract to build and run a 700 megawatt solar power plant to a consortium comprising …

Toys R Us may file for bankruptcy before the holidays: Report

The holiday season is the most important time of the year for toy stores, but Toys R Us could spend it in bankruptcy.<p>The toy giant might file for Chapter 11 in U.S. Bankruptcy Court in Richmond, Va., sometime before then -- and as soon as the next several weeks -- according to the Wall Street …

Toys "R" Us

France, Germany, Spain, Italy call for turnover tax for tech giants

Several of the European Union’s major economies are calling for tax reform across the bloc that responds to where tech platforms generate revenue, not just where they book profit — arguing that the current system allows digital giants to minimize tax liabilities by using subsidiaries sited in …

Xiaomi’s latest laptop targets Apple’s MacBook Pro

Xiaomi entered the laptop market last year with its Mi Notebook Air that was designed to target Apple’s MacBook in both name and design. This year the Chinese company is shifting its focus to Apple’s MacBook Pro, with the launch of its own Mi Notebook Pro. The Mi Notebook Pro includes a 15.6-inch …

Saudi, UAE agree extension of oil cuts may be considered: statement

DUBAI (Reuters) - Saudi Arabia’s Energy Minister Khalid al-Falih agreed with his UAE counterpart that an extension of a pact on global oil supply cuts beyond March 2018 may be considered depending on market fundamentals, the Saudi ministry said in a statement on Monday.<p>FILE PHOTO - Saudi Arabian …