** Budget hotel brand easyHotel, part of Sir Stelios Haji-Ioannou's easyGroup, poised for biggest one-day drop in short history as a listed co after reporting H1 ** Total revenue increased by 104% to £2.59m; Investec Securities says numbers broadly in line with its forecasts ** Broke
Read moreReal Estate Investment Trusts, travel & leisure and software & IT services shares provided a modicum of stability on Monday, even though the London market stayed marginally in negative territory. The FTSE 100 closed down 0.44% at 6,953.58 with natural resources related shares, especially oil and min
Read moreSpeculative positions in oil are excessive and appear to have peaked, Credit Suisse wrote in a strategy note on Wednesday. That usually leads to a fall in the oil price and where it to rise from here it would threaten Saudi Arabia's market share strategy - especially with capital expenditure levels
Read moreRyanAir has discovered that a little love can go a long way. So while it carried a record 91m passengers in the year to March and registered a two-thirds rise in profits, there is still momentum to be had in the company. On the downside, the carrier has already hedged nine-tenths of this year's fuel
Read moreSpeculative positions in oil are excessive and appear to have peaked, Credit Suisse said in its global equity strategy note on Wednesday. CS said that net long positions in oil have risen to all-time highs, and historically, once very elevated speculative positions start to roll over, the oil price
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