Member Info for kunal169

Wrong IAG - thats Insurance Australia Group Ltd!

Rolls-Royce Holdings Plc has sold its UK pension pot to an insurance firm in a £4.3 billion ($5.8 billion) deal, bolstering the engine manufacturer’s efforts to simplify its business.

The deal with Pension Insurance Corporation Plc will cover Rolls-Royce’s entire outstanding liabilities to its workers, comprising the pensions of 36,000 people, the companies said in a statement on Sunday.

The announcement confirms a Bloomberg report on the planned transfer on Friday. The UK manufacturer’s pension liabilities have weighed on its performance over recent years, and the disposal comes as Chief Executive Officer Tufan Erginbilgic seeks to streamline its business as demand for its engines surges.

Https://politicsuk.com/uk-india-trade-deal-illegal-immigrants/

Taiwan’s Starlux Airlines is nearing an order for almost a dozen Airbus widebody jets in a deal worth around $4 billion as it seeks to cement its push into long haul services, according to people familiar with the matter.

The carrier is leaning toward a top-up order for Airbus’s A350-1000, said the people, who asked not to be identified because the information is private. Starlux could make an announcement during this week’s Paris Air Show. The airline didn’t immediately respond to a request for comment.

Riyadh Air to Order 25 Airbus A350 Jets at Paris Air Show - Reuters

Https://onemileatatime.com/news/riyadh-air-airbus-a350-order/

META AIMS TO FULLY AUTOMATE AD CREATION USING AI: WSJ

ROLLS ROYCE WINS ORDER FOR SECOND MTU LARGE-SCALE BATTERY STORAGE SYSTEM IN ZEEWOLDE

Https://onemileatatime.com/news/indigo-airbus-a350/

Https://x.com/piqsuite/status/1920563584117178499?s=46&t=2rQbNp5xL3u5V59YzuNg8w

Https://x.com/ft/status/1916578293655998632?s=46

Travel stocks are sinking in London, hit by the combination of a cautious update from tour operator TUI and a higher oil price.

Wizz Air is down more than 5% and EasyJet is over 4% lower, while shares in British Airways owner IAG and package holidays seller Jet2 are slipping too.

Germany’s TUI said that bookings for the summer season have slowed in key markets, including the UK, following a strong end to last year. Its shares have fallen nearly 10% in Frankfurt.

And crude prices are rising, extending their biggest gain in nearly four weeks, on lower flows from Russia.

Jefferies analysts resume coverage on THG (LON:THG) PLC (LN) with a Buy rating and a price target of GBP0.75.

The analysts commented: "With the Ingenuity demerger completed and external headwinds having largely passed, the attractions of the THG equity story should become increasingly apparent - leading digital-first global brands in the growing Beauty and Nutrition markets, margin upside, and robust cash generation. Having been 'Restricted' since the demerger announcement, we resume coverage at Buy.

Https://www.thetimes.com/uk/politics/article/keir-starmer-vows-to-power-past-nimbys-and-build-nuclear-stations-rjw9vf3ts

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LONDON (Reuters) - Britain said on Friday it had awarded Rolls-Royce a 9 billion pound ($11 billion) contract to design, make and provide support services to nuclear reactors that power its fleet of submarines.

SAUDI AIRLINE FLYADEAL CLOSE TO PLACING ORDER FOR 10 AIRBUS A330NEO JETS, PLUS RIGHTS TO BUY ANOTHER 10, SOURCES SAY

Tend to agree... but then again Rolex did buy Bucherer as WOSG shareholders found out to their detriment!

Shares in YouGov, the research and data firm best known for its election polling, have moved higher after activist investor Gatemore said the company should consider selling itself.

Https://www.bloomberg.com/news/articles/2024-11-18/british-airways-suffers-delays-after-it-outage-at-heathrow-hub?utm_source=website&utm_medium=share&utm_campaign=copy