FTSE 100 drops struggling British luxury brand

FTSE 100 drops struggling British luxury brand

LONDON, UNITED KINGDOM – 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 stock market index on Wednesday, as waning sales and … Read more

Global selloff eases; earnings, U.S. inflation

Global selloff eases; earnings, U.S. inflation

LONDON — European markets opened mixed on Friday, as a global stock selloff eases and investors await a U.S. inflation print. The pan-European Stoxx 600 opened slightly above the flatline, with sectors and major bourses spread between losses and gains. Autos led loses, down 1.2%, as Germany’s Mercedes Benz dipped 2% after narrowing its annual … Read more

Corporate earnings, Wall Street selloff

Corporate earnings, Wall Street selloff

The Unilever headquarter building seen by the Nieuwe Maas river in Rotterdam.  Sopa Images | Lightrocket | Getty Images LONDON — European markets are heading for a lower open Thursday, with a flurry of corporate earnings and a selloff on Wall Street in focus. The U.K.’s FTSE 100 was last seen opening 19 points lower … Read more

EasyJet shares fall on profit miss, CEO departure

EasyJet shares fall on profit miss, CEO departure

EasyJet Plc passenger aircraft on the tarmac at London Southend Airport in Southend-on-Sea, UK, on Friday, May 3, 2024. Bloomberg | Getty Images Shares of EasyJet fell more than 7% on Thursday after the low-cost airline posted a slightly larger-than-expected loss in the first half of the fiscal year and announced the forthcoming departure of … Read more

Israel flights disrupted due to Middle East volatility

Israel flights disrupted due to Middle East volatility

Passengers checks their flight status in the departure terminal in Ben Gurion airport on the morning after a drone and missile attack from Iran, near Tel Aviv, Israel on Sunday, April 14, 2024.  Bloomberg | Bloomberg | Getty Images Flights to Israel are set to remain disrupted for months amid heightened tensions with Iran, while … Read more

Airlines are feeling the impact of the Israel-Hamas war

Airlines are feeling the impact of the Israel-Hamas war

An Etihad Airways Boeing 787-9 “Dreamliner” aircraft displays Israeli and Emirati flags after landing upon arrival from the United Arab Emirates (UAE) at Israel’s Ben Gurion Airport near Tel Aviv, on the company’s first scheduled commercial flight from Abu Dhabi, on April 6, 2021. JACK GUEZ | AFP | Getty Images DUBAI, United Arab Emirates … Read more