Virgin Australia to buy back rest of frequent flyer program for $700m

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Virgin Australia to buy back rest of frequent flyer program for $700m

Virgin Australia said it entered an agreement to buy back the 35 per cent of its Velocity frequent flyer program it does not already own for $700 million from private-equity group Affinity Equity Partners. The deal values the business at about $2 billion. Credit: …
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Brexit uncertainty triggers first September fall in house prices since 2010

House prices have fallen in September for the first time since 2010 as Brexit uncertainty continues to cast a long shadow over the UK housing market, according to the estate agent Rightmove. The UK’s biggest property website said the traditional “autumn …
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'Very difficult' for China's economy to maintain 6% growth: report

China’s Premier Li Keqiang said it will be “very difficult” for the country’s economy to grow at an annual rate of 6% or more in the current global climate, Reuters reported Sunday. “For China to maintain growth of 6% or more is very difficult against the current …
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Blue Line trains running with delays after earlier 'medical emergency' on tracks

Blue Line trains are running with delays after earlier “medical emergency” on the tracks. CTA first announced trains were being suspended about 7 p.m., stating that trains would only operate between the O’Hare and Grand Avenue stops and the Racine …
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Oil Jolt May Have Short-Term Impact for Markets Elsewhere

Oil's ripple effect into equities and currencies may be more limited than the dramatic commodity surge suggests, according to strategists. The strike
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