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(Alliance News) - London's FTSE 100 outperformed peers but was unable to stave off selling pressure in a tough session for European stocks on Friday, despite sitting just above positive territory for much of the late-morning's trade.
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MADRID, Aug 17 (Reuters) - Cabin crew working for IAG's low-cost airline Iberia Express plan to go on strike from Aug. 28 to Sep. 6, a union statement said on Wednesday, in yet another labour dispute arising from the industry's turbulent post-COVID recovery.
Read more(Alliance News) - International Consolidated Airlines Group SA on Tuesday said it has exchanged its EUR100 million seven-year unsecured loan to Globalia for a 20% equity stake in Air Europa.
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(Sharecast News) - British Airways staff clinched an average 13% pay rise to help offset the cost-of-living crisis and the pay cuts suffered during the pandemic.
Read more(Alliance News) - Velocys PLC on Monday welcomed the passing of climate legislation by US Congress, which it says will underpin the financing of its sustainable aviation fuel reference project.
Read more(Sharecast News) - Scottish Power and Eon have called for a special fund to be created that would allow customers' bills to be frozen for two years and to spread the cost of the natural gas price crisis over ten years or more. According to Scottish Power boss, Keith Anderson, "unprecedented times call for unprecedented action". UK families on default energy tariffs are staring at a surge in their annual bills from £1,971 to around £3,582 from 1 October when the new price cap set by Ofgem - and which is due to be announced on 26 August - is due to go into effect. The proposed 'deficit fund' would be backed by a government guarantee, allowing it to borrow billions from lenders such as Barclays, who had expressed interest in a prior similar proposal. - The Sunday Times
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday afternoon:
Read more(Alliance News) - Shares in abrdn fell early Tuesday after the asset manager reported a swing to loss and lowered its outlook, saying it feels the current market volatility will see it take longer to hit its revenue growth and cost-to- income ratio targets.
Read more(Sharecast News) - British Airways is reportedly set to pause sales of long-haul flights to destinations such as New York amid disruption at Heathrow.
Read more(Alliance News) - Equities in Europe had an uninspiring morning on Tuesday, with central bank moves, rising geopolitical tensions, and a slew of corporate updates giving investors plenty to chew on.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - International Consolidated Airlines Group SA's British Airways has reportedly suspended selling short-haul flights from Heathrow for at least a week.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read moreJuly 29 (Reuters) - Britain's top equity indexes rose on Friday and marked their strongest monthly performance of 2022, as a jump in commodities and a slew of upbeat earnings reports from companies like NatWest outweighed economic slowdown worries.
Read more(Alliance News) - European equities rounded off the week in bullish fashion, as traders dialled back central bank rate hike expectations, while corporate earnings in London and across the pond were met warmly.
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