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Pin to quick picksTUI AG Share News (TUI)

Share Price Information for TUI AG (TUI)

London Stock Exchange
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Share Price: 653.00
Bid: 650.50
Ask: 652.50
Change: 6.50 (1.01%)
Spread: 2.00 (0.307%)
Open: 652.50
High: 661.50
Low: 645.50
Prev. Close: 646.50
TUI Live PriceLast checked at -

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Sunday newspaper round-up: Spain, UK economy, Rolls-Royce

Sun, 26th Jul 2020 14:16

(Sharecast News) - The foreign secretary, Dominic Raab, has said the government will not apologise for its snap decision to order tourists returning from Spain to quarantine, saying further spread could risk another lockdown in the UK. Raab said the government had to take "swift, decisive action" when the data from Spain showed a surge in infections right across the country. Overnight, the UK imposed snap new restrictions on holidaymakers returning from Spain on Saturday night, meaning those who return must quarantine for two weeks. - Guardian

The UK economy may not recover from its Covid-19 contraction until late 2024, influential forecasters say. The EY Item Club, which uses the Treasury's model of the economy, has added 18 months to its forecast of a recovery to pre-Covid levels. Despite retail sales back to regular levels, the forecasters now predict an 11.5% drop in gross domestic product this year, rather than 8%. "Even though lockdown restrictions are easing, consumer caution has been much more pronounced than expected," said Howard Archer, the club's chief economic adviser. - Sunday Times

Rolls-Royce is exploring an emergency sale of a division that makes parts for the Eurofighter Typhoon amid efforts to raise billions to see it through the pandemic. The engineer is in early talks to spin out ITP Aero to a private equity buyer, as it battles a collapse in fees it normally makes from selling and maintaining jet engines for airliners. City sources said buyout firms including KKR, Blackstone and Carlyle had held discussions about buying ITP Aero, which is based in Spain and builds parts of engines for jets, helicopters and ships. - Sunday Telegraph

HSBC has been forced to deny reports that it "framed" Huawei, the Chinese tech giant embroiled in a legal battle with America over alleged sanctions-busting. Britain's biggest bank insisted it was not involved in a decision by the US Department of Justice to investigate Huawei over alleged breaches of Iranian sanctions, after Chinese media reports that it had been "setting traps" for the tech giant since 2012. HSBC issued the statement via WeChat, the Chinese social media app, after China's official People's Daily newspaper accused HSBC of being an accomplice of the American authorities. - Sunday Times

A video by the Alliance for American Manufacturing leaves little doubt over the alleged dangers of battery-powered public transport. "At first glance, it seems too good to be true. A Chinese company called Build Your Dreams [BYD] decides to assemble electric buses in America. And some US cities begin to purchase these buses as part of a move towards clean energy," the report from last autumn says. "But BYD is just another ploy by China to dominate the global auto industry." The video says BYD's "ties to China's authoritarian government run deep". And "members of the corporate leadership have ties to the government or communist party", it claims. - Sunday Telegraph

TUI, Europe's biggest holiday company, said on Sunday it had decided to cancel all Britons' holidays to mainland Spain up to and including Sunday 9 August following the UK's decision to imposed a two-week quarantine on those returning from the country. "TUI UK have taken the decision to cancel all holidays to mainland Spain up to and including Sunday 9 August 2020," the company said in a statement. "We know how much our customers look forward to their holiday abroad and some will be able to accommodate the new quarantine restrictions. Therefore all those that wish to travel to the Balearic Islands and Canary Islands will be able to travel as planned from Monday 27 July." - Guardian

Sir Stelios Haji-Ioannou is in talks to seal a blockbuster move into green energy by backing a company that turns household rubbish into 'clean' power. City sources said the billionaire founder of budget airline easyJet is in talks with a group of entrepreneurs about licensing his 'easy' brand to a company set up as Easy Power International. The talks come as Easy Power International looks set to be launched with the construction of plants that have the technology to convert waste to clean energy without creating toxic emissions. - Mail on Sunday
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6 Mar 2024 12:02

LONDON MARKET MIDDAY: Stocks climb ahead of UK spring budget

(Alliance News) - Stock prices in London were higher at midday Wednesday, as investors prepared for what the UK spring budget, with tax cuts potentially on the cards.

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6 Mar 2024 09:07

LONDON BROKER RATINGS: JPMorgan raises IAG; Jefferies likes Experian

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

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27 Feb 2024 11:02

PRESS: Shein eyes London listing after facing obstacles in the US

(Alliance News) - Fast-fashion company Shein is considering the possibility of switching its initial public offering to London from New York because of hurdles to the listing in the US, according to Bloomberg.

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15 Feb 2024 18:26

Tui customers may now also book Ryanair flights

(Alliance News) - Customers of the German travel firm Tui AG will be able to combine their accommodation with flights operated by the Irish budget airline Ryanair Holdings PLC in future.

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14 Feb 2024 16:53

LONDON MARKET CLOSE: Investors celebrate steady UK inflation

(Alliance News) - Stock prices in London closed higher on Wednesday, after data showed that the UK's annual inflation rate was steady last month, defying expectations of an acceleration.

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14 Feb 2024 15:23

London close: Stocks rise as UK inflation holds steady

(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.

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14 Feb 2024 09:40

LONDON BROKER RATINGS: Panmure likes Nichols; Jefferies cuts Bytes

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

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13 Feb 2024 18:24

UPDATE: Tui "pleased" as shareholders vote for London delisting

(Alliance News) - Tui AG on Tuesday said it was "pleased", after its shareholders voted for its shares to be delisted in London.

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13 Feb 2024 16:53

LONDON MARKET CLOSE: Stocks in red amid sticky US inflation data

(Alliance News) - Stock prices in London closed in the red on Tuesday, after a key US inflation reading came in hotter-than-expected.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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13 Feb 2024 12:06

LONDON MARKET MIDDAY: Stocks fall but pound up before US data

(Alliance News) - Stock prices in London were on the decline on Tuesday afternoon, with sentiment tetchy ahead of a US inflation report later.

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13 Feb 2024 08:48

LONDON MARKET OPEN: Slow start ahead of US inflation reading

(Alliance News) - Stock prices in London opened lower on Tuesday, with a stronger pound and interest rate sensitive stocks keeping a lid on the FTSE 100, following more robust than expected UK labour market data.

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13 Feb 2024 07:45

LONDON BRIEFING: "Record" Tui quarter; Ultimate Products eyes payouts

(Alliance News) - London's FTSE 100 is to open ever-so-slightly lower on Tuesday, with trade set to be nervy ahead of the afternoon's US inflation data.

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13 Feb 2024 07:01

TUI delivers record Q1 and holds on to guidance

(Sharecast News) - Travel agency company TUI has registered a positive quarterly underlying profit for the first time after a record performance in the first quarter, as it reiterated its guidance for the full year.

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