Wall Street opens higher as jobs report eases inflation concerns June 4, 2021 Wall Street’s main indexes opened higher today after data showed modest US jobs growth in May, easing concerns about an early tightening of monetary policy. The Dow Jones Industrial Average rose 0.3 per cent at the open, while the Nasdaq Composite gained 0.65 per cent. The S&P 500 added 0.5 per cent as it continued [...]
British Airways owner International Airlines Group profits soar February 28, 2019 British Airway’s owner International Airlines Group’s (IAG) profit soared 9.5 per cent last year. The figures Shares lifted two per cent as the group reported that pre-tax profit for the year to the end of December was €3.2bn up from €2.95bn in 2017. Revenue was up 6.7 per cent from €22.8bn in 2017 to €24,4bn last [...]
Sliding tech stocks weigh on Wall Street August 31, 2021 US stocks slipped today as poor performances among technology heavyweights weighed heavily on Wall Street’s main benchmarks. The tech-heavy Nasdaq slipped 0.10 per cent to 15,250.36 points, led down by losses among Apple, Microsoft and Amazon. The blue-chip S&P 500 and the Dow Jones both inched up, rising 0.02 per cent and 0.08 per cent [...]
Travel industry protest: Airline and tourism workers’ plea to ‘save summer holidays’ June 23, 2021 Travel industry protest: Airline and tourism workers' plea to 'save summer holidays'
Cheap PCR tests: Where to get them and what you need to fly May 10, 2021 Borders open for international travel on 17 May, with Brits preparing to brave the Kafkaesque nightmare of the traffic light system to visit their favourite summer sun destination. But to travel to many countries, passengers will require a PCR – polymerase chain reaction – Covid test, which must meet performance standards of at least 97 [...]
US stocks struggle for direction amid weakening economic outlook August 3, 2021 US stocks opened broadly flat on Tuesday morning as investors tempered trading activity amid a weakening economic outlook. While the Nasdaq dipped 0.34 per cent, the blue-chip S&P 500 edged 0.03 per cent higher and the Dow Jones added 0.18 per cent. The reinstating of Covid curbs in many states of America, including mandating mask [...]
Hotel Review: Windjammer Landing, St Lucia November 29, 2021 If you’re ready to escape the bleak British winter for some Caribbean sun, we have just the thing… The stay We’re ditching the grey skies if London for the tropical climes of St Lucia’s yacht-speckled bays. Travelling in the Covid-19 era ain’t for those afraid of form-filling, pre-testing, masking-wearing or very regular hand-gel application but [...]
Fewest cars produced in January since 2009 February 26, 2021 Last month saw the weakest January for car production since the financial crisis as a combination of the pandemic and global supply issues knocked the industry. Just 86,052 cars were built last month, down 27.3 per cent year on year, and the lowest number since 2009. It also marked the 17th straight month of declining [...]
British Airways finance boss to become new chief financial officer at parent company IAG April 15, 2019 British Airways' finance boss Steve Gunning is to take over as the chief finance officer at parent company IAG, replacing the incumbent Enrique Dupuy de Lôme. Willie Walsh's IAG said de Lome would also stand down as the board's executive director when the company holds its AGM in June, where Gunning's appointment will also be put [...]
Marriott International fined £18.4m over customer data breach October 30, 2020 Marriott International has been handed an £18.4m fine by the UK data watchdog over a data breach that compromised the personal details of millions of customers. The fine relates to an attack on the Starwood hotels chain that exposed records belonging to 339m guests worldwide. The cyber attack began in 2014, before Marriott took over [...]