European shares at seven-week peak as travel stocks shine

European shares at seven-week peak as travel stocks shine

Flutter, Ryanair lead travel stocks higher Travel & leisure index hits near 3-month highs China-exposed luxury companies decline Nov 7 (Reuters) – European shares closed on Monday at a more than seven-week high as a jump in travel and technology stocks helped outweigh a drag from China-exposed luxury giants. The benchmark STOXX 600 index (.STOXX) … Read more

Germany bets on cheap tickets to help transport sector meet CO2 targets

Germany bets on cheap tickets to help transport sector meet CO2 targets

BERLIN, Nov 3 (Reuters) – Germany is to introduce a discounted ticket for public transport next year to encourage people to cut down on car driving and help the country to achieve its emissions targets. Berlin aims to become climate-neutral by 2045 and cut 65% of emissions by 2030 compared with 1990. The country has … Read more

Italy’s new PM Meloni makes her first foreign trip to EU hub Brussels

Italy's new PM Meloni makes her first foreign trip to EU hub Brussels

Economic pledges, stance on Ukraine in focus Due to meet EU leaders from 1500 GMT Choosing Brussels for first trip welcomed by EU officials BRUSSELS, Nov 3 (Reuters) – Georgia Meloni is making her first foreign visit as Italy’s prime minister on Thursday to the heart of the European Union, a trip welcomed by officials … Read more

European shares rally as investors cheer UK policy reversal

European shares rally as investors cheer UK policy reversal

Focus on fiscal plans from new UK finance minister Credit Suisse to pay $495 mln to settle a case Norway’s Nel rises on order from Woodside Energy Oct 17 (Reuters) – Europe’ STOXX 600 index climbed on Monday, buoyed by banks and real estate companies as investors cheered the reversal of Britain’s fiscal plan that … Read more

Divided European aviation sector seeks cure to travel chaos

Divided European aviation sector seeks cure to travel chaos

BRUSSELS, Oct 4 (Reuters) – European airlines and airports, reeling from delays that caused widespread disruption as demand roared back after COVID-19, are counting the cost of efforts to avoid a repeat next summer. Industry leaders meeting at the headquarters of air traffic control agency Eurocontrol sparred on Wednesday over who was to blame for … Read more

Europe’s STOXX 600 climbs 1% after three-day selloff; Nexi shines

Europe's STOXX 600 climbs 1% after three-day selloff;  Nexi shines

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 26, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Nexi jumps after 2025 target plan exceeds consensus Deutsche Bank cuts Hugo Boss on “fading tailwinds” Sept 27 (Reuters) – Europe’s STOXX 600 index rose on … Read more

EU restricts travel rules for Russians, but no outright ban

EU restricts travel rules for Russians, but no outright ban

Register now for FREE unlimited access to Reuters.com Register PRAGUE, Aug 31 (Reuters) – European Union foreign ministers decided on Wednesday to make it more expensive and lengthier for Russians to obtain visas to travel to the bloc, but stopped short of agreeing to the EU-wide visa ban that Ukraine and several member states had … Read more

Frontier plans capacity ramp-up in bet on recession-wary American travelers

Frontier plans capacity ramp-up in bet on recession-wary American travelers

CHICAGO, Aug 16 (Reuters) – Frontier Group Holdings Inc (ULCC.O) is targeting capacity growth of up to 20% through the decade, Chief Executive Barry Biffle told Reuters, as the budget airline pushes to take a bigger share of the US leisure travel market from rivals amid a weakening economy. From 2024, the Colorado-based carrier is … Read more

European shares rise as healthcare, leisure stocks gain

European shares rise as healthcare, leisure stocks gain

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 11, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Flutter shares soar on further rapid US growth Travel stocks lead gains STOXX 600 set for weekly rise, erasing last week’s losses Aug 12 (Reuters) – … Read more

Rhine water falls again in Germany, river shipping costs rise

Rhine water falls again in Germany, river shipping costs rise

A container vessel passes the Loreley Rock at low water levels as recent dry weather continues, that prevented cargo vessels from sailing fully loaded on the river Rhine, in Sankt Goar, Germany, July 19, 2022. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register HAMBURG, Aug 10 (Reuters) – Water levels on the … Read more