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

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

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

EXCLUSIVE Glaciers vanishing at record rate in Alps following heatwaves

EXCLUSIVE Glaciers vanishing at record rate in Alps following heatwaves

MORTERATSCH GLACIER, Switzerland, July 26 (Reuters) – From the way 45-year-old Swiss glaciologist Andreas Linsbauer bounds over icy crevasses, you would never guess he was carrying 10 kg of steel equipment needed to chart the decline of Switzerland’s glaciers. Normally, he heads down this path on the massive Morteratsch Glacier in late September, the end … Read more

European shares rise on aero, luxury stocks boost

European shares rise on aero, luxury stocks boost

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 25, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Aero, luxury stocks among biggest gains EDF jumps, France eyes nationalization cost of about 8 bln euros Saipem plunges after 70% cash call subscription July 12 … Read more