Hudson Financial News

Qantas chairman Richard Goyder standing aside would not fix the airline’s issues and investors should welcome new chief executive Vanessa Hudson’s focus on customers, analysts say, with 185 new planes set to be delivered over the next decade.

Khalistani terrorist Hardeep Singh Nijjar’s killing on Canadian soil have further worsened ties. Canada hasn’t provided any evidence.

Jaishankar on Friday said India-Russia ties may not be spectacular but are very «exceptional and steady», adding that in many ways Moscow's relationship with the West has «broken down». Speaking at Hudson University, Jaishankar compared Russia's ties with India to that with other countries. "...if you consider international relations over the last 70 years, the US-Russian relations, the China-Russia relations, the US-China relations, pretty much every big relationship in the last 70 years has seen a great deal of volatility, you had sharp ups and downs," Jaishankar said, adding, «India-Russia relations is very exceptional. It's been very steady.» Noting the India-Russia relations may «not be spectacular», Jaishankar said they have stabilised at a certain level, but have not seen the ups and downs that Moscow's relationships with China, US, or Europe have been through. «And that's in itself a statement,» Jaishankar added. «Now, if one looks at Russia today...as a consequence of what is going on in Ukraine...it seems to them clear that in many ways Russia's relationship with the West has broken down,» he said. On why Russia's emphasis on India is increasing, Jaishankar said, "...India will and has come into calculations as well.

United Nations, External Affairs Minister S Jaishankar on Friday said the world body lacks credibility and, to a large degree, effectiveness. Without naming India, Jaishankar lamented that the fifth largest economy of the world is not in the United Nations Security Council. Jaishankar made the remarks while participating in a discussion at Hudson Institute in Washington, DC.

By Jonathan Allen and Brendan O'Brien

Katy Perry and Orlando Bloom were facing a real estate trial related to their $15 million mansion purchase. The seller, Carl Westcott, an 83-year-old entrepreneur, alleged that he was under the influence of painkillers when he sold the property to the celebrity couple.

Wells Fargo & Co. is buying the formerNeiman Marcus space at Manhattan’s Hudson Yards for roughly $550 million and plans to convert it into offices, according to people with knowledge of the deal.

Jimmy Kimmel Live', CBS’ 'Late Show With Stephen Colbert' and NBC’s 'Tonight Show' Starring Jimmy Fallon and 'Late Night With Seth Meyers' will be aired on October 2. HBO’s 'Last Week Tonight' With John Oliver is most likely to return on October 1. Besides, HBO’s 'Real Time With Bill Maher' will return on Friday.

Qantas chairman Richard Goyder and new chief executive Vanessa Hudson will front up at a Senate inquiry into aviation landing rights on Wednesday but former boss Alan Joyce will not appear until he returns from overseas.

Qantas shares fell on Tuesday after brokers began downgrading the stock, concerned higher spending on repairing its relationship with customers and higher fuel expenses will end a run of higher profits.

SYDNEY (Reuters) — A union for pilots employed by Australia's Qantas Airways called for the company's chairman to resign following a host of scandals that have drawn fierce criticism from travellers, regulators, lawmakers and its own employees.

Three years and nearly $1 billion later, Wells Fargo & Co. is finally playing offense in one of Wall Street’s hottest battlegrounds: wealth management.

Canberra Airport boss Stephen Byron has called on Qantas to give a free flight to every passenger on the Canberra-Sydney route who has been stuck on the tarmac after the airline’s monthly cancellations hit a record high of almost 15 per cent.

Qantas says it will spend at least an additional $80 million fixing services issues at the same time that fuel costs have risen $200 million, the first hit to profits as it attempts to repair its deteriorating relationship with customers.

Qantas chief executive Vanessa Hudson says the airline will spend hundreds of millions of dollars shoring up its reputation with customers after months of acrimony over poor performance and high airfares, but acknowledged the extra spending will come at a cost to the company’s profits.

Quantum Leap season 2 is on the horizon, with the premiere episode, «This Took Too Long!,» set to air on Wednesday, October 4 at 8 p.m. ET. For those who can't catch it live, the show will be available for streaming on Peacock the following day.

The COVID-19 pandemic brought with it anxiety, isolation and worsened mental health for Canadian workers, prompting companies to look seriously at how they support the well-being of their employees and in some cases, provide more benefits coverage.

Alan Joyce could be paid $23.6 million for his last year at Qantas, but the airline says some $10 million in bonuses for its former chief executive are up in the air as it grapples with shareholder anger and allegations it wrongly sold thousands of tickets on flights it had already decided to cancel.

Pentagon official said. Efforts are also on to establish a reciprocal defence procurement agreement with India, Siddharth Iyer, Director for South Asia Policy, Office of the Secretary of Defence said here on Tuesday at an event organised by the prestigious Hudson Institute. «We are in active talks with the Indian government to look at producing military systems in areas related to ISR (Intelligence, Surveillance and Reconnaissance), and then of course ground-based conventional warfare.

Infrastructure dealmaker Scott Charlton will leave tollroad group Transurban at the end of November to run Sydney Airport as the nation’s biggest airport lobbies Canberra to stop airlines hoarding take off and landing slots.

The Transport Workers Union says Qantas chairman Richard Goyder will have “nowhere to hide” at the upcoming Senate Inquiry into the national carrier, claiming the Qantas board has been in denial about the airline’s decision to sack workers being both illegal and damaging to safety, brand and customers.