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* Sharp swings in STOXX 600 last seen during 2008 financial crisis* Energy, travel & leisure lead gains* Germany open to using EU emergency fund- report* Virgin Money UK tops STOXX 600* STOXX 600 company earnings seen plummeting (Updates to close)B...
Read more* Sharp swings in STOXX 600 last seen during 2008 financial crisis* Energy, travel & leisure lead gains* More economic pain ahead as recession looms - analysts* British firm Rentokil slumps on pulling 2020 forecast (Updates prices, adds graphic)By ...
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LONDON MARKET CLOSE: Stocks Rally As US Nears Virus Stimulus Agreement
Read more(Adds details from letter, airline comments)LONDON, March 24 (Reuters) - Britain has told airlines it will only consider stepping in to help them survive the coronavirus crisis once they have explored the possibility of raising capital from other...
Read more(Adds detail, background, airline responses)LONDON, March 24 (Reuters) - Britain has told airlines that state investment to help them survive the coronavirus crisis will only be considered once they have looked at the possibility of raising capita...
Read moreLONDON, March 24 (Reuters) - Britain has told airlines that state investment to help them survive the coronavirus crisis will only be considered once they have looked at the possibility of raising capital from existing investors, a person familiar...
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(Sharecast News) - Governments around the world need to save crisis-hit airlines, a leading industry body has warned, as it forecast revenues would nearly half in 2020 because of the coronavirus pandemic.
Read more* Forecast for lost 2020 airline revenue rises to $252 bln* Previous IATA forecast was for $113 bln in revenue losses* IATA sees airline revenues 44% lower than in 2019* Says half of companies face collapse in weeks without help (Adds detail, analys...
Read more* Forecast for lost 2020 airline revenue rises to $252 bln* Previous IATA forecast was for $113 bln in revenue losses (Adds quotes, details)By Sarah Young and Laurence FrostLONDON/PARIS, March 24 (Reuters) - Global airlines urged governments on Tue...
Read more(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 3.8%, FTSE 250 slides 3.8%* Next, Primark closes all stores* FTSE 100 eyes worst month since 1987* Stocks back to levels before latest Fed move (Updates with cl...
Read moreLONDON, March 23 (Reuters) - Britain is still working to develop a package of government support for its airlines, with the most likely outcome a range of measures to suit the carriers' different needs, the head of the country's pilots union BALP...
Read more(Sharecast News) - Boris Johnson has said he is prepared to bring in a full lockdown to tackle coronavirus including "restrictions on people's movements" if they do not act "responsibly" and follow social distancing guidelines. The prime minister raised concerns that people are ignoring the public health guidance after huge numbers flocked to parks, beaches and markets. - Sunday Times
Read moreEasyJet To Ground Majority Of Planes From Tuesday Due To Virus Crisis
Read moreLONDON, March 20 (Reuters) - British low-cost airline easyJet said it would ground most of its aircraft from Tuesday in response to travel restrictions aimed to prevent the spread of the coronavirus.The airline said it would run repatriation fligh...
Read more(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 up 0.8%, FTSE 250 gains 6%* Oil majors boost FTSE 100* Marks & Spencer sinks after warnings of virus hit (Updates with closing price)By Sruthi ShankarMarch 20 (Reute...
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