British Airways owner cuts profit forecast on pound slump
British Airways' owner lowered on Friday its annual earnings forecast for a second time since Britain voted for Brexit, blaming the latest downgrade mainly on a plunging pound. International Airlines Group said it expected full-year operating profit of 2.5 billion euros, or 7.0 percent higher compared with 2015. Britain voted June 23 in favour of exiting the European Union, triggering a plunge in the pound to 31-year lows against the dollar and 7.5-year troughs versus the euro.
Policy Prescriptions: Trump and Clinton on military defenseWASHINGTON (AP) ? Donald Trump calls the U.S. military "depleted." It urgently needs more planes, ships, troops and nuclear weapons, he says, to ensure American predominance in the world.
New rules aim to help students clear loans in cases of fraud
Clinton rallies with Mrs. Obama as Trump alleges corruption
SPRINGFIELD, Ohio (AP) ? Aiming to deliver a knockout blow to Donald Trump's staggering presidential campaign, Hillary Clinton turned to popular first lady Michelle Obama to rally voters in North Carolina.
No injuries after Pence plane slides off runway in NYC
NEW YORK (AP) ? Republican vice presidential candidate Mike Pence's campaign plane slid off a runway during a rainstorm at New York's LaGuardia Airport late Thursday, tearing up concrete before coming to rest on a patch of grass.
Policy Prescriptions: Trump and Clinton on energyWASHINGTON (AP) ? Energy independence has been a goal of every president since Richard Nixon, but it remains elusive.
Filipino mayor among 10 dead in clash with anti-drug police
KORONADAL, Philippines (AP) ? A Philippine town mayor who was publicly identified by President Rodrigo Duterte as a drug trafficking suspect was gunned down Friday with nine of his men at a police checkpoint, in one of the bloodiest operations since the crackdown was launched.
Lack of choice in health insurance markets a growing problem
WASHINGTON (AP) ? Americans in the health insurance markets created by President Barack Obama's law will have less choice next year than any time since the program started, a new county-level analysis for The Associated Press has found.
RBS says earnings rise 61 percentLONDON (AP) ? Royal Bank of Scotland says third-quarter earnings rose 61 percent as efforts to restructure the taxpayer-owned bank reduced costs.
Nigeria has commitments for $500 mln of its planned Eurobond
By Chijioke Ohuocha LAGOS (Reuters) - Nigeria has $500 million of commitments for the planned $1 billion eurobond it intends to issue before the end of the year and any decision to increase the size of the offer will depend on pricing, Finance Minister Kemi Adeosun said on Thursday. Nigeria wants to sell a $1 billion in eurobonds by the end of the year although, as of Thursday, no bank had been appointed to arrange the issue. Nigeria, Africa's largest economy, slipped into recession for the first time in 25 years in the second quarter, largely due to low global oil prices.