Category: Meet
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BA owner IAG boosts staff by 1,700 to meet summer demand surge
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British Airways has created 1,700 jobs as it prepares for a summer boom that will allow its parent company IAG to match last year’s big operating profit of €3.5 billion. British Airways’ recruitment drive includes cabin crew and technology specialists to boost the airline’s digital services. The move follows a…
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Meet the Stock-Split Stock That Makes Up 23% of Billionaire Bill Ackman’s $11 Billion Portfolio
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When it comes to hedge fund managers, Bill Ackman is in a class by himself. He etched his name in Wall Street history by bucking hedge fund norms, acquiring large stakes in a few companies, and holding them for the long term. Furthermore, as a well-known activist investor, he sometimes…
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Oil adds to week’s sharp loss as rollover of OPEC output cuts may meet resistance
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Slavko Sereda/iStock via Getty Images Oil prices recorded their biggest weekly loss in three months, as the market, already concerned about weak demand, dealt with growing speculation that an OPEC meeting in June could expose cracks in the alliance, with the United Arab Emirates saying it would… Increasing production capacity.…