(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. Read More
(Alliance News) - Equities in Europe weakened on Tuesday, with banking stocks among those leading the declines, though markets in New York opened strongly after the latest US inflation reading came in hot, but not as robust as some had feared. Read More
Tui AG - Hanover, Germany-based leisure, travel and tourism company - Looks to focus on digitalisation and destinations as it recruits over 1,500 new employees. Company adds it expects summer 2022 bookings to return "close" to normalized summer 2019 levels. Read More
(Alliance News) - German travel and tourism giant Tui AG said on Wednesday it is returning the first part of the credit lines of around EUR700 million provided during the pandemic on April 1. Read More
(Alliance News) - Companies and trade organisations in the air travel industry have welcomed the end of remaining UK Covid travel restrictions. Read More
(Alliance News) - Russian oligarch Alexey Mordashov, the single biggest shareholder in the German travel group Tui AG, is leaving the firm's supervisory board in view of the EU sanctions imposed on him. Read More
(Alliance News) - London's FTSE 100 stock index edged cautiously higher in early dealings on Wednesday, with a seeming de-escalation by Russia of its threat to Ukraine lifting the mood, though traders were wary about a backdrop of inflationary pressures in both the UK and US. Read More
