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(Sharecast News) - TUI announced on Friday that its chief executive officer Friedrich Joussen has handed in his resignation as a member of the executive board, with effect from 30 September.
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(Alliance News) - Tui AG on Friday said it has picked Chief Financial Officer Sebastian Ebel as its new chief executive officer, with effect on October 1.
Read more(Alliance News) - Tui AG subsidiary Tui Airways Ltd has cancelled nearly 200 flights due to serve Manchester Airport between now and the end of June as the chaos faced by UK holidaymakers worsens.
Read more(Alliance News) - Stocks in London ended higher on Monday as investors welcomed an easing of Covid containment measures in Shanghai and Beijing.
Read more(Alliance News) - The shortened trading week in the UK was off to a smooth start, with the FTSE 100 largely directionless in midday trade, as investors breathe a sigh of relief following China's move to ease stringent Covid restrictions in Beijing and Shanghai.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more(Alliance News) - Europe's blue-chip stock benchmarks were drifting aimlessly at midday on Wednesday, as markets seemed unsure how to react to hot inflation figures in the UK and the eurozone.
Read moreTUI AG - Anglo-German tour operator - Raises EUR425 million gross from placing of 162.3 million shares at a price of EUR2.62 each via an accelerated bookbuild. The new shares represent 10% of the total outstanding before the placing. Fundraise was first announced on Tuesday and will be used to pay back German government Covid-19-related aid of EUR671 million. Once this is done, the company may resume paying dividends, as suspension of dividends until repayment was a condition for the aid.
Read more(Alliance News) - Tui AG on Tuesday unveiled plans for a capital raise in order to reduce the state aid it received during the pandemic.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:
Read more(Alliance News) - Stocks in London ended higher on Wednesday after data showed annual US inflation moderated in April.
Read more(Alliance News) - Stocks in Europe were extending morning gains at midday on Wednesday, with a positive open seen in New York, as traders eagerly await the latest consumer price index reading from the US.
Read more(Alliance News) - Tui AG on Wednesday posted a sharp first half revenue jump, with the Anglo-German holiday operator's fortunes resembling pre-Covid times.
Read more(Alliance News) - Consumer price inflation in Germany ticked to a new record high in April, as expected, data from the Federal Statistical Office showed on Wednesday.
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