Money

Canada says Russian flight violated its airspace

Published

2 years ago

February 28, 2022

ticker NEWS

Canadian officials have launched an investigation into a Russian Aeroflot flight which violated an airspace ban

Canada says that a civilian Russian flight by the call sign of Aeroflot Flight 111 violated a ban on Russian flights in Canadian airspace.

Aeroflot flight 111 was travelling from Miami, Florida, to Moscow, passing over Canada’s eastern coast on the way.

“We are aware that Aeroflot flight 111 violated the prohibition put in place earlier today on Russian flights using Canadian airspace”
Transport Canada stated.

The Canadian Government Twitter account stated that an official review would be held following the violation.

Aeroflot is Russia’s flag-carrier airline and the country’s largest.

The EU and Canada have since closed their airspace to Russian operators including Aeroflot due to the war in Ukraine, which was declared by Russian President Putin after Russian troops invaded Ukraine.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending