Sector movers: Travel and construction stocks gain with crisis end in sight
1st Mar 2021 20:27
(Sharecast News) - Travel and Leisure shares were among the top performing areas of the market at the start of March, as investors cheered news that the number of new coronavirus infections was still falling sharply on both sides of the Atlantic.
Read moreEU to propose vaccine certificates for summer travel
1st Mar 2021 16:03
(Sharecast News) - The European Commission is set to propose in March a new EU-wide digital certificate that will provide proof of vaccination against Covid-19 that it is hoped will allow free travel during the summer holidays.
Read moreMonday broker round-up
1st Mar 2021 13:43
(Sharecast News) - Pennon Group: Barclays upgrades to overweight with a target price of 1,060p.
Read moreIAG crashes to €7.4bn annual loss as Covid pandemic takes toll
26th Feb 2021 07:01
(Sharecast News) - British Airways owner IAG swung to a massive €7.4bn annual operating loss and pulled guidance for 2021, reflecting the impact of the Covid-19 crisis.
Read moreBofA adds IAG to Europe 1 list on prospects for recovery in travel
23rd Feb 2021 12:17
(Sharecast News) - Analysts at Bank of America added stock in IAG to their Europe 1 and Small and Medium Capitalisation best ideas lists on the back of the "successful" vaccine rollouts in the US and UK.
Read moreIAG boosts liquidity by £2.45bn after loan deal, pension deficit deferral
22nd Feb 2021 07:50
(Sharecast News) - British Airways owner IAG on Monday said it had boosted total liquidity by £2.45bn, via a loan deal and deferred pension deficit payments to help it weather the Covid-19 pandemic.
Read moreSunday newspaper round-up: Neil Woodford, SSE, British Airways
14th Feb 2021 23:00
(Sharecast News) - Neil Woodford has broken his silence on the collapse of his investment firm and revealed he plans to start all over again in a tearful and defiant interview. Speaking publicly for the first time since his business imploded in October 2019, exclusively to The Telegraph, the fund manager said he was "very sorry for what I did wrong". But he lashed out at the administrator of Woodford Investment Management, Link Fund Solutions, and rejected widespread criticisms of his operating style. - Sunday Telegraph
Read moreEU extends airline slot relief through summer of 2021
11th Feb 2021 12:45
(Sharecast News) - The European Parliament on Thursday approved measures to extend the suspension of competitive access to airport slots throughout the summer of 2021 as airlines are still being impacted by the Covid-19 crisis.
Read moreGrant Shapps stands behind 10-year jail sentences for those lying at UK border
10th Feb 2021 11:53
(Sharecast News) - Transport Secretary Grant Shapps said on Wednesday that the 10-year jail sentence for those trying to conceal travel from a "red list" country at the UK border is "appropriate".
Read moreSunday newspaper round-up: Tier 4 lockdown, Business rates, Debt binge
20th Dec 2020 19:41
(Sharecast News) - Boris Johnson yesterday revealed in a 4pm emergency press conference that a third of England - including London and swathes of the home counties - would be thrust into a brutal Tier 4 lockdown from midnight on Saturday in a bid to stamp out the 'mutant' strain of coronavirus. The draconian bracket forced all non-essential shops to shut giving Britons just eight hours to complete their gift shopping ahead of Christmas Day. - Financial Mail on Sunday
Read moreIAG reportedly to buy Air Europa for €500m
18th Dec 2020 07:53
(Sharecast News) - British Airways owner IAG has agreed to buy Spanish carrier Air Europa for €500m (£453m) with payment deferred until 2026, news website El Confidencial reported on Friday, citing unnamed sources.
Read moreBritish Airways drops 15 long-haul destinations from 2021
17th Dec 2020 12:06
(Sharecast News) - British Airways has cancelled over 15 long-haul routes starting from 2021 as travel demand falls amid the coronavirus pandemic.
Read moreUK regulator to probe airlines over Covid refund refusals
16th Dec 2020 07:55
(Sharecast News) - Britain's competition watchdog said it would investigating whether airlines broke the law by refusing refunds on flights passengers could not take due to the coronavirus pandemic.
Read moreHSBC downgrades Wizz Air to 'hold' on valuation grounds
7th Dec 2020 13:45
(Sharecast News) - HSBC downgraded its stance on shares of Wizz Air on Monday to 'hold' from 'buy' as it took a look at the European airlines sector.
Read moreDeutsche Bank ups easyJet to 'buy'
4th Dec 2020 12:24
(Sharecast News) - Deutsche Bank upgraded easyJet to 'buy' from 'hold' on Friday as it took a look at the European airlines sector.
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