EasyJet cancels more flights; calls for govt backing to save industry
16th Mar 2020 07:02
(Sharecast News) - EasyJet said government backing would be needed to save the European airline industry from the impact of the coronavirus as it warned it may have to ground a majority of its fleet.
Read moreFTSE 100 movers: Budget throws BT a line, airlines facing grim times
11th Mar 2020 15:27
(Sharecast News) - BT Group topped gainers on the top-flight index after the Chancellor confirmed plans to invest ?5bn on rolling out full-fibre broadband across Britain - a major plank of the Conservative election manifesto.
Read moreBernstein upgrades easyJet, Ryanair; says EU airlines are a 'buy'
10th Mar 2020 14:25
(Sharecast News) - Bernstein lifted its rating on easyjet and Ryanair on Tuesday, arguing that the largest carriers were unlikely to go bust.
Read moreLondon close: Stocks end sharply lower again as oil futures crash
6th Mar 2020 17:10
(Sharecast News) - London equity markets finished near their worst levels of the session on Friday, with oil and gas shares under the cosh after the Russian Federation refused to go ahead with another oil output cut alongside the Organisation of Petroleum Exporting Countries.
Read moreEurope midday: Rout in Travel and Leisure extends amid flight to safety
6th Mar 2020 11:49
(Sharecast News) - Stocks in Europe were getting hammered again at the end of the week as investors rushed into the relative safety of government bonds, alongside big moves in the euro and crude oil futures.
Read moreGlobal passenger demand growth slows as coronavirus hits airlines
4th Mar 2020 16:14
(Sharecast News) - The International Air Transport Association said on Wednesday that global passenger traffic data for January 2020 showed that demand had climbed just 2.4% year-on-year - the slowest pace recorded in almost a decade.
Read moreItalian government closes down schools and universities until mid-March
4th Mar 2020 13:18
(Sharecast News) - Italy's government decided to close all of the country's schools and universities from 5 March until mid-month due to the coronavirus, state-owned ANSA reported.
Read moreTuesday broker round-up
3rd Mar 2020 12:46
(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.
Read moreAirlines to take hit but recover after coronavirus - HSBC
3rd Mar 2020 11:43
(Sharecast News) - EasyJet will be the UK airline worst affected by the coronavirus outbreak, HSBC analysts said as they kept their 'buy' ratings on all four London-listed carriers.
Read moreFriday broker round-up
28th Feb 2020 13:28
(Sharecast News) - McColl's Retail Group: Liberum upgrades to buy with a target price of 45p.
Read moreLondon midday: Stock selloff continues heading into the weekend
28th Feb 2020 11:01
(Sharecast News) - There was scant let up in selling pressure on global stockmarkets on Friday, with investors wary of what news headlines the weekend might bring, even as they worried that a global economic recession might be on the cards.
Read moreLondon open: Stockmarket rout extends as recession worries mount
28th Feb 2020 08:48
(Sharecast News) - There was no let up in the acute selling pressure on stocks at the end of the week, with investors asking themselves whether the spreading coronavirus would send the global economy into recession, which could entail further losses in stockmarkets over the coming weeks and months.
Read moreEasyJet cancels flights and takes emergency actions on coronavirus
28th Feb 2020 07:03
(Sharecast News) - EasyJet said it would cancel flights and introduce emergency cost cuts after the coronavirus outbreak caused a drop in demand for flights in and out of Italy and across Europe.
Read moreAppeal court deems Heathrow's third runway illegal
27th Feb 2020 11:47
(Sharecast News) - Heathrow's third runway has been ruled illegal by the court of appeal as it found that the plans did not consider the UK government's climate change commitments.
Read moreEurope midday: Virus fears ravage travel stocks but some investors hold their nerve
24th Feb 2020 12:17
(Sharecast News) - Stocks were pummelled at the start of the week following news that the number of coronavirus cases in South Korea and Italy had continued rising over the weekend - although some investors were holding their nerve.
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