(Alliance News) - International Consolidated Airlines Group SA's British Airways said Monday it is reducing the number of its planned flights at London's Heathrow airport through the winter as the aviation sector continues to struggle with staffing issues amid resurging travel demand. Read More
(Alliance News) - The FTSE 100 managed to outperform European counterparts on Friday due to weakness in the pound as consumer confidence in the UK fell to a record low, while attention turns to next week's Jackson Hole Symposium. Read More
(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. 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. 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
(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
(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) - 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) - 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. Read More
(Alliance News) - Stock prices in London were higher on Friday with deteriorating economies prompting expectations for interest rate hikes to be scaled back, as an action-packed week of company and economic news draws to a close. Read More
(Alliance News) - Stock prices in London opened higher on Friday amid hopes the US Federal Reserve will pump the brakes on aggressive rate hikes, while banks boosted the FTSE 100 with the sector awash in cash. Read More
(Alliance News) - International Consolidated Airlines Group SA swung to profit in the second quarter of 2022, saying early Friday it was seeing strong demand for premium leisure travel and a continued recovery of business travel from the Covid-19 pandemic. Read More
(Alliance News) - British Airways-parent International Consolidated Airlines Group SA on Thursday said it placed a multi-billion-dollar order for 37 A320neo jets from European planemaker Airbus SE, as the aviation industry charts its recovery from the pandemic. Read More
(Alliance News) - European equities largely recovered from a slow start to post cautious gains on Monday ahead of a busy week of corporate earnings, economic data and a US Federal Reserve interest rate decision. Read More
