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

Walmart’s long-lasting challenge: luring budget shoppers back to its stores

Walmart's long-lasting challenge: luring budget shoppers back to its stores

Aug 11 (Reuters) – Walmart Inc (WMT.N) could face an uphill battle to reclaim US shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart Supercenter when gasoline was $5 a gallon. While gasoline prices have dropped nearly 20% over the past month, there are no signs shoppers … Read more

Australia’s Santos buys pipeline route for undeveloped gas project

Australia's Santos buys pipeline route for undeveloped gas project

The logo of Australian oil and gas producer Santos Ltd is pictured at their Sydney office February 15, 2016. REUTERS/Jason Reed Register now for FREE unlimited access to Reuters.com Register Aug 11 (Reuters) – Australia’s Santos Ltd (STO.AX) said on Thursday it had bought a company that owns an approved underground pipeline route that could … Read more

US sour crude cargo sails to Germany as Russia sanctions bite

US sour crude cargo sails to Germany as Russia sanctions bite

LONDON/HOUSTON, Aug 8 (Reuters) – A tanker of US sour crude was delivered at Germany’s port of Rostock last week for the first time ever, according to sources, analysts and vessel tracking data, as local refiners test alternatives to Russian oil. The European Union plans an almost-complete embargo of Russian barrels by year-end, and is … Read more

Rhine water level falls again in Germany, raising freight costs

Shipping prices rise as Rhine water in Germany falls again, vessels part loaded

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 5 (Reuters) – Water levels on the … Read more

Shipping prices rise as Rhine water in Germany falls again, vessels part loaded

Shipping prices rise as Rhine water in Germany falls again, vessels part loaded

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 3 (Reuters) – Water levels on the … Read more

India’s top airline says wait for new planes limiting growth

India's top airline says wait for new planes limiting growth

An IndiGo Airlines Airbus A320 aircraft takes off in Colomiers near Toulouse, France, October 19, 2017. REUTERS/Regis Duvignau Register now for FREE unlimited access to Reuters.com Register IndiGo reports highest ever quarterly revenue But makes a net loss on fuel costs and FX CEO sees company on path to profitability in Oct-Dec BENGALURU, Aug 3 … Read more