Global

Spirit Airlines starts flights to Hartford’s Bradley International Airport
aviation

Spirit Airlines starts flights to Hartford’s Bradley International Airport

Spirit Airlines has started nonstop flights from Hartford’s Bradley International Airport (BDL) to the Myrtle Beach International Airport (MYR), Orlando International Airport (MCO) and Fort Lauderdale-Hollywood International Airport. The airline announced via an email statement that: “We are thrilled to deliver this nonstop service to two of the country’s most […]

American Airlines posts $365 million  revenue for Q1
aviation

American Airlines posts $365 million revenue for Q1

American Airlines Group Inc. said it first-quarter 2017 pre-tax profit of $365 million, or $491 million excluding net special items,1 and net profit of $234 million, or $308 million excluding net special items The airline’s first-quarter earnings of $0.46 per diluted share, or $0.61 per diluted share excluding net special […]

CME Group posts $929 million revenue in Q1
Global

CME Group posts $929 million revenue in Q1

CME Group Inc. said it made total revenue of $929 million and operating income of $601 million for the first quarter of 2017. The commodities trading platform said its net income was $400 million and diluted earnings per share were $1.18. On an adjusted basis, net income was a record […]

Why London is number one in RMB FX transactions?
Global

Why London is number one in RMB FX transactions?

Latest data from SWIFT shows that London remains the lead location for trading the Chinese renminbi (RMB) amongst other financial markets. Data from SWIFT’s RMB Tracker shows that London has retained its position as the preeminent foreign exchange (FX) and payment centre globally. . As of March 2017, SWIFT’s data […]