Business – Page 185 – The Saturn Herald

United Airlines cancels thousands of bargain tickets after computer glitch!

A computer glitch which allowed transatlantic flights tickets to be bought for extremely low prices, forced United Airlines to cancel thousands of bookings. The glitch, first spotted by money saving site DansDeals, caused first and business class tickets sold through the airline’s Danish website to be drastically mispriced. For instance, a round trip from Heathrow to…

Intercity train derails kills 12 and 100 injured in southern India

Ernakulam bound Intercity train from Bengaluru in Southern India, derailed and killed 12 passengers died and over 100 injured. Nine coaches of (Train no. 12677) jumped rails at Belagondapalli near Anekal town on the city’s outskirts around 7.35 a.m, after a boulder might have fallen on the track. The train departed from Bengaluru’s main city…

New York features the costliest hotel stay in the world, and London the costliest in Europe.

New York is the world’s costliest place to hire a hotel room at £157 with Washington the second at £139 and Rio de Janeiro the third at £128. London Hotels have become the most expensive in Europe and fourth costliest in the world, after toppling Zurich, Sydney, Paris, New York, Stockholm and Oslo ,…

Leaked secret bank account files reveals, HSBC’s Swiss banking arm helped wealthy customers from 200 countries, dodge taxes and conceal $100millions of dollars of assets, sashing out bundles of untraceable cash and advising clients on how to circumvent domestic tax authorities. The files resulted from efforts from investigative journalists including Washington based international consortium of…

The collection of taxes is a problem all over the world including the United States where U.S. President Barack Obama outlined plans to close a legal loophole that lets companies such as Apple and Microsoft avoid tax on overseas profits. The President wants to raise $238bn (£157bn) by imposing a 14 percent tax on the…

World of Billionaires – Global Rich list 2015

The world’s new Billionaires has grown by 222 to 2089 – 341 new billionaires, a world record to record a combined total of £168bn (US$244bn). Hurun Report on 3rd February 2015 released the Hurun Global Rich List 2015, a ranking of the US dollar billionaires. Wealth calculations are a snapshot of 17 January 2015. USA (537)…

TransAsia ATR 72-600 Turboprop Flight GE235, a domestic low flying passenger flight, with 58 people on board, hit a bridge in Taipei Taiwan at 10:55 local time (2:55GMT) and plunged into the Keelung River. This crash claimed 23 lives and 16 suffered minor injuries as well as there being 30 people still unaccounted for. The plane…

“Venice of the East” World Coir Fair

“Venice of the East” is hosting the world’s biggest trade fair on coir and natural fibres in Alappuza, Kerala, attended by 200 potential buyers from 53 countries. Coir is a natural fibre extracted from the husk of coconut and used as floor mats, doormats, brushes, ropes and fishing nets. Kerala, known for its unique network…

Apple’s heritage and Steve Job’s mentors!

APPLE’s $18bn (£11.8bn) net profit in its first fiscal quarter, a world record for the biggest quarterly profit ever made by any public company is no surprise to many. Apple’s profit margin was 39 per cent on each iPhone 6 sold. Is Apple making too much profit on their products? Or should we really applaud…

Apple reported $18bn (£11.8bn) net profit in its first fiscal quarter, the biggest quarterly profit ever made b a public company, as they overtook £15.9bn profit made by ExxonMobil in the second quarter of 2012. Apple Shares rose over 5% in trading after the US markets had closed. Apple’s chief executive Tim Cook said that demand…