Sunday newspaper round-up: 'Right to buy', HSBC, IAG
1st May 2022 18:26
(Sharecast News) - The Prime Minister is planning to give approximately 2.5 million Britons the right to buy the homes that they currently rent from housing associations. Boris Johnson ordered that planning start during the past fortnight, convinced that it would help "generation rent". Connected to the above, officials are also pursuing an idea by which tens of billions of pounds used by government to finance housing benefits would be funneled into helping recipients get mortgages. Details of the policy have surfaced ahead of what may be bruising local election results for Conservatives on Thursday. - Sunday Telegraph
Read moreBritish Airways cancellations set to last through June
27th Apr 2022 15:45
(Sharecast News) - British Airways passengers are set to face more cancellations, it was reported on Wednesday, with disruption expected to last for at least the next two months.
Read moreSunday newspaper round-up: Twitter, British Airways, Russian oil imports
25th Apr 2022 00:05
(Sharecast News) - Relations between Twitter and and Elon Musk may be thawing if reports that the former is taking a fresh look at the technology magnate's £33bn takeover offer is anything to go by. According to the Wall Street Journal, the two sides were set to meet on Sunday to discuss the deal and Twitter's board was now said to be "more receptive to a deal". - Sunday Telegraph
Read moreSector movers: Travel and Leisure boosted as airlines put pandemic behind them
14th Apr 2022 19:26
(Sharecast News) - Travel stocks paced gains on the stock market at the end of the holiday-shortened week, led by WizzAir after the Eastern Europe-focused low cost carrier told investors that it was putting the pandemic behind it.
Read moreSunday newspaper round-up: Civil service, Inmarsat, Green hydrogen
10th Apr 2022 23:28
(Sharecast News) - Stock market listings have taken a big hit as a result of the war in Ukraine and the jump in energy prices. Over the first quarter of 2022, 19 firms have debuted on the London Stock Exchange, five more than in the corresponding period of the year before. But they raised just £397m, against £5.6bn in the first quarter of 2021, some 14 times more. Globally, listings halved during the same period to reach just 321 for £41.8bn in funds raised and EY expects the weakness to stretch into the second quarter. - The Financial Mail on Sunday
Read moreEasyJet cancels around 100 flights due to Covid related absences
4th Apr 2022 08:27
(Sharecast News) - Low-cost carrier EasyJet and national carrier British Airways revealed on Monday that they had been forced to cancel approximately 100 flights each due to higher than usual levels of Covid-19 related staff absences.
Read moreCiti and Morgan Stanley 'mixed' on outlook for airlines
29th Mar 2022 15:40
(Sharecast News) - Analysts at Citi and Morgan Stanley sounded a mixed note on the outlook for airlines.
Read moreDeutsche Bank downgrades IAG and Wizz Air to 'hold'
24th Mar 2022 10:29
(Sharecast News) - Analysts at Deutsche Bank downgraded British Airways parent International Airlines Group and low-cost carrier Wizz Air from 'buy' to 'hold' on Thursday, stating they were now pricing in "a more turbulent outlook".
Read moreBritish Airways flights grounded in South Africa
16th Mar 2022 11:43
(Sharecast News) - British Airways flights have been grounded "indefinitely" in South Africa by the country's aviation regulator.
Read moreBerenberg cuts target for IAG on expected hit to fuel prices and capacity from conflict
15th Mar 2022 12:51
(Sharecast News) - Analysts at Berenberg cut their target price for shares of IAG due to the expected impact of higher fuel prices in the wake of the invasion of Ukraine.
Read moreSunday newspaper round-up: Renewables, Pearson, IAG
13th Mar 2022 13:50
(Sharecast News) - The UK needs to massively expand wind farms across the country in order to safeguard national security, the business secretary has said, as the government considers sweeping changes to planning laws in order to improve energy independence. Against that backdrop, the Prime Minister will unveil a radical new "energy strategy" within a fortnight in order to make sure that that UK can get all the energy that it needs from a combination of renewables and nuclear. - Guardian
Read moreIAG sees return to profit in 2022 as capacity to hit 85%
25th Feb 2022 07:04
(Sharecast News) - British Airways owner IAG said it expected to return to profit in the second quarter despite a "significant" operating loss in the first quarter due to the Omicron Covid variant, seasonal slowdown and capacity rebuilding costs.
Read moreFriday preview: NATO leaders' summit, IAG in focus
24th Feb 2022 18:44
(Sharecast News) - Investors' attention at the end of the week will be fully trained on the invasion of Ukraine and its fallout both in terms of it possibly ensnaring neighbouring countries and the sanctions which are likely to follow and whatever implications they might carry.
Read moreLiberum still favours BA owner IAG, Ryanair, easyJet
15th Feb 2022 12:00
(Sharecast News) - Liberum said on Tuesday that it continues to favour easyJet, IAG and Ryanair in the airline space, and that it remains optimistic there will be a resumption in the relaxation of travel curbs.
Read moreMorgan Stanley resumes coverage of IAG at 'overweight'
31st Jan 2022 09:32
(Sharecast News) - Morgan Stanley resumed coverage of British Airways and Iberia parent IAG on Monday, with a €2.50 price target.
Read more