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
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
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
BAGHDAD, Oct 30 (Reuters) – With a violin on his back and maps in his bag, Dan Hodd left Spain a month ago and was cycling through busy Baghdad as he heads to the COP27 climate talks in Egypt that he firmly intends to reach without flying. “I am trying to illustrate the importance within … Read more
Swung to $347 mln profit in H1 Expects lower margins in H2 as inflation bites Shares down more than 3% Oct 25 (Reuters) – Premier Inn owner Whitbread (WTB.L) said on Tuesday that surging costs for labour, utilities and food would eat into margins in the second half, sending its shares down more than 3% … Read more
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
MADRID, Oct 6 (Reuters) – Spain’s finance minister launched on Thursday what is likely to be a tough fight in parliament to get approval for a draft 2023 budget that features strong social spending and is partly aimed at containing the rise of populism amid economic anxiety . The current coalition government, made up of … Read more
FTSE 100 up flat, FTSE 250 adds 0.2% Imperial Brands rises on share buyback plan Weaker refining, gas trading to hit Shell’s Q3 results Construction activity improves unexpectedly Oct 6 (Reuters) – UK’s stock indexes were muted on Thursday as a slide in financial shares offset strength in beaten-down consumer and travel and leisure stocks, … Read more
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
MADRID, Oct 4 (Reuters) – Spain’s cabinet on Tuesday settled on a 2023 draft budget after tough negotiations within the leftist coalition that concluded with increases in social and also military spending, and the extension of free rail travel passes. Ahead of regional and national elections set for 2023, the junior coalition partner, far-left Unidas … Read more