International Airlines Share News (IAG)

Sunday newspaper round-up: Tesco, Green Agenda, EasyJet

(Sharecast News) - Tesco is leaning on its suppliers so that they pass on savings from falling costs so that it can reduce prices more quickly than rivals and thus lead on price cuts. Among other factors, on Thursday Tesco pointed to a halviing in wholesale electricity prices, a 22% reduction in PET packaging and an 84% fall in the cost of freight. Suppliers however said that other costs had continued to rise - not least wages. And in response to prodding by MPs, Asda co-owner, Mohsin Issa, has cautioned that fixed-term contracts meants that three to nine more month would be needed before customers benefitted from falling prices. - The Sunday Times

Strikes at Britain's Gatwick Airport could hit summer holidays

950 workers to strike in pay dispute

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LONDON BROKER RATINGS: HSBC says 'buy' AstraZeneca but 'reduce' GSK

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

LONDON BRIEFING: Burberry shines in China; ITV-All3Media deal unlikely

(Alliance News) - Stocks in London are expected to slip into the red at Friday's open, in a tepid conclusion to what has been a largely positive week for global equities, as the market prices in a lower peak for US interest rates.

Miners, banks lift FTSE 100, cooling US inflation lifts sentiment

Banks gain after major lenders clear BoE's stress test

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LONDON MARKET MIDDAY: FTSE 100 boosted by banks ahead of US inflation

(Alliance News) - The FTSE 100 in London was lifted by banking stocks heading into Wednesday afternoon, after the Bank of England's latest stress test showed the sector to be "resilient".

LONDON BROKER RATINGS: UBS raises AstraZeneca; RBC cuts Bunzl

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON MARKET OPEN: FTSE 100 higher as UK banks pass BoE stress tests

(Alliance News) - European markets were trading higher on Wednesday, in a sign of cautious optimism ahead of US inflation data.

LONDON BRIEFING: UK banks pass stress test; Wetherspoon trades well

(Alliance News) - Stocks in London are called higher on Wednesday, ahead of US inflation data.

Portugal's TAP says passenger traffic up 30% in first half of 2023

LISBON, July 10 (Reuters) - Portugal's state-owned airline TAP carried 7.58 million passengers in the first half of this year, a 30% increase from a year ago but still slightly below pre-pandemic levels even as tourist numbers have already exceeded those seen in 2019.

China's airlines set sights on Spain, adding more flights

MADRID, July 7 (Reuters) - Chinese airlines have upped the number of weekly flights to Spain by more than five times since the end of China's zero-COVID policy in December, filling most of the gap left by European rivals due to a ban on flying over Russia.

Spain's election brings clouds over fiscal consolidation

German industrial orders rose more than expected

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European companies might turn to India more: GS

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EUROPEAN COMPANIES MIGHT TURN TO INDIA MORE: GS (1105 GMT)

UK bank provisions "likely contained" in face of mortgage delinquencies - JPM

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UK BANK PROVISIONS "LIKELY CONTAINED" IN FACE OF MORTGAGE DELINQUENCIES - JPM (1009 GMT)

Sectors flash red as STOXX stays risk-off

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SECTORS FLASH RED AS STOXX STAYS RISK-OFF (0820 GMT)