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  • LONDON, April 29- European equities fell sharply in early trading on Friday, with British Airways-owner International Airlines Group and Restaurant Group dragging the travel and leisure index lower after their updates. Britain's Restaurant Group, which operates chains like Chiquito and Frankie& Benny's, slumped 19 percent after warning on full-year...

  • Mike Simpson, founder and group managing director of Simpson Marine.

    Having established a Hong Kong-based yacht brokerage in 1984, Mike Simpson has been around long enough to know what some of China's wealthiest want.

  • LONDON, April 29- British Airways-owner International Airlines Group said it would slow the plans it had to fly more routes in the short term, in response to weaker demand from high-margin business-travellers and a general slowdown after the Brussels attacks. "March revenue was affected by the timing of Easter and the Brussels terrorist attacks with the...

  • LONDON, April 29- British Airways-owner International Airlines Group reported a forecast-beating rise in first-quarter profit, but said that it would moderate its capacity expansion in the short term in response to weaker overall demand. Sticking by its forecast for 2016 profit, IAG, whose portfolio also includes Iberia, Vueling and Aer Lingus, said that...

  • *7 mln barrels of Forties amass in N Sea this month. LONDON, April 29- Dozens of tankers with unsold crude have been amassing at sea in the past few weeks, vividly reminiscent of 2015 when a recovery in oil prices was scuppered by rising physical supply. Even as the price rallied, U.S. crude inventories hit record highs, and cargoes of unsold oil linger in West Africa and...

  • An FAA spokesman said Thursday that the agency is making sure that work Allegiant is doing "to address various internal issues has resulted in the desired improvements." Allegiant said in a statement that it welcomed the review and FAA feedback. The FAA sometimes moves up airline inspections because of management changes, labor disputes or other factors.

  • LONDON, April 28- An Indian-flagged oil tanker is returning to Libya, the North African country's rival oil corporation said on Thursday, after its failed first attempt to export crude oil led to the ship being blacklisted by the United Nations Security Council. The Distya Ameya tanker is heading to the western Libyan port of Zawiya, said Nagi al-Maghrabi,...

  • Uber driver looking for new passengers in Washington, D.C.

    Uber published a blog post Thursday morning that intended to clarify its tipping policy, but is instead drawing more controversy.

  • Southwest Airlines caught rivals and Wall Street by surprise when it cut many U.S. fares by $5 each way. And it did not match Southwest's lower fares where the two carriers compete, a Delta spokesman said Thursday. Spokesmen for American and United said that their airlines matched the Southwest reduction on routes where they overlap with Southwest but did not...

  • DETROIT— Fiat Chrysler and Google's self-driving car project are in advanced talks to form a technical partnership. The partnership would be the first to match an automaker with Google's 7- year-old autonomous car project, which is now part of the so-called X lab at Alphabet Inc., Google's parent company. Last fall, Google hired John Krafcik, an auto industry...

  • MONTREAL/ ATLANTA, April 28- Bombardier scored a major order for its new CSeries passenger jets from Delta Air Lines Inc on Thursday, boosting the Canadian manufacturer's stature in the airline industry even as it faces a long road back to profitability. Quebec- based Bombardier hopes the deal marks a turning point in its attempt to break into the fleets of top...

  • NEW DELHI, April 28- India has instructed an Indian-flagged oil tanker that has been blacklisted by the U.N. not to discharge its cargo of crude oil from Libya's rival eastern government and to await instructions from the United Nations, a senior Indian government official said on Thursday. The tanker, the Distya Ameya, is carrying 650,000 barrels of crude on...

  • NAIROBI, April 28- Kenya Airways pilots called off a strike on Thursday after the carrier met some of their demands, the Kenya Airline Pilots Association said, adding they would fully resume work on Friday. KALPA's members took the industrial action earlier on Thursday to push for the removal of the airline's chief executive, prompting Kenya Airways to cancel...

  • Google Chairman Eric Schmidt sits in a Google self-driving car at the Google headquarters in Mountain View, California.

    Rather than build the cars itself, Alphabet is interested in selling companies its autonomous car technology, The Wall Street Journal reported.

  • April 28- Fiat Chrysler Automobiles NV is in late-stage talks with Alphabet Inc's self-driving car division for a technology partnership, the Wall Street Journal reported, citing a person familiar with the discussions. The talks have been ongoing for several months, the Journal reported, as Alphabet seeks industry partnerships, offering a deal to sell...

  • April 28- Fiat Chrysler Automobiles NV is in late-stage talks with Alphabet Inc's self-driving car division for a technology partnership, the Wall Street Journal reported, citing a person familiar with the discussions. The talks have been ongoing for several months, the Journal reported, as Alphabet seeks industry partnerships, offering a deal to sell...

  • DETROIT, April 28- U.S. consumers who are under 40 are more open than older people to self-driving cars and their underlying systems, according to a survey released on Thursday by J.D. Power. Consumers also balked at the projected prices on some of the underlying equipment, J.D. Power said. The level of trust in such systems "is directly linked to the level of interest...

  • NAIROBI, April 28- Kenya Airways said on Thursday it had cancelled all but two evening flights due to a walkout by some of its pilots, despite an agreement reached a day earlier to defer the strike until June. Instead of turning up for work on Thursday, scores of pilots attended a meeting of the Kenya Airline Pilots Association. The airline said the strike had...

  • Southwest Airlines generally keeps to its schedule but American Airlines, Delta Air Lines and United Airlines make many changes during that time. Let's say a family is flying from Orlando home to Boston. But that flight is $60 more per person than the 9 a.m. flight.

  • WARREN, Mich. _ Universal Truckload Services Inc. on Thursday reported first-quarter earnings of $7.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

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