Over the past three decades, Ryanair Holdings Plc built its model around cut-throat fares that ferried people across Europe for as little as the equivalent of a bus ticket. As travelers crowd back onto its planes following the pandemic, the Irish carrier has a word of caution for its customers: the days of ultra-low fares may well be over.
A confluence of positive news is helping push the euro higher.
Greek Prime Minister Kyriakos Mitsotakis pummeled his opposition in Sunday’s national election, moving a step closer to getting another four-year term and sending markets higher on the prospect that the premier’s investment-friendly policies will continue.
A strong first 100 days for the S&P 500 Index almost always would lead to significant upside for the rest of the year, if history is any guide. 2023 is on track to follow that trend.
Greek stocks surged and government bonds rallied as strong election support for market-friendly Prime Minister Kyriakos Mitsotakis put the nation on track to reclaim an investment-grade rating, 13 years after losing it.
US authorities are looking into new groups that were formed to negotiate drug discounts but may actually be further obscuring how much the medicines cost.
Adani Group shares rallied, extending gains spurred by an Indian court panel’s report that found no conclusive evidence of stock-price manipulation as alleged by US short seller Hindenburg Research.
Federal Reserve Bank of Minneapolis President Neel Kashkari said bank capital requirements should be lifted significantly to help backstop financial institutions against distress.
Sudan’s official gold industry, the country’s largest revenue earner, has totally collapsed due to a spiraling month-old conflict in the North African nation, the head of the state-run mining company said.
NatWest Group Plc has agreed to buy back £1.26 billion ($1.6 billion) of its shares from the UK government as the Treasury continues to sell down its stake after a bailout during the financial crisis over a decade ago.
