(Reuters) – CTS Eventim on Tuesday said its 2024 revenue grew by 19% according to preliminary figures, driven by both its ticketing and live entertainment segments. The German ticketing group’s revenue came in at 2.81 billion euros ($2.94 billion), up from 2.36 billion in the previous year, it said in a statement. The group’s adjusted earnings …
By Nikita Maria Jino (Reuters) – Britain’s Airport Coordination Limited (ACL) won a government-led tender to manage takeoff and landing slots at Sydney Airport, Australia’s transport minister said on Tuesday, replacing a joint venture between Qantas and Virgin Australia. ACL is the slot coordinator for more than 76 airports worldwide, its website shows, including busy …
Britain’s Airport Coordination beats Qantas-Virgin JV to manage slots in Sydney Read More »
A look at the day ahead in European and global markets from Tom Westbrook Europe’s rally in banking and defence stocks extended into Tokyo, where shares in Mitsubishi Heavy Industries popped 3% to trade near record highs. The focus is on Ukraine and expectations that Europe will ramp up defence spending in the event of …
Morning Bid: Arms stocks soar ahead of Ukraine peace talks Read More »
By Himanshi Akhand and Rishav Chatterjee (Reuters) -Australia’s competition watchdog on Tuesday backed a planned alliance between Virgin Australia and Qatar Airways, saying it would provide air travellers with improved services and products. The Australian Competition and Consumer Commission’s (ACCC) draft determination comes after it gave its interim approval to Virgin Australia in November to …
Australia backs Virgin-Qatar Airways tie-up citing improved air services Read More »
SEOUL (Reuters) – Samsung Electronics on Tuesday nominated its chip business chief Jun Young-hyun and Chief Technology Officer Song Jai-hyuk to join its board, as the tech giant looks to boost competitiveness in its struggling semiconductor business. The South Korean company also said in a regulatory filing it had nominated Seoul National University Professor Lee …
Samsung Electronics nominates chip execs as new board members Read More »
PARIS (Reuters) – Airbus is poised to delay the entry into service of a freighter version of its A350 jet by up to a year following production and supply chain delays, two industry sources said. The delay could be announced as early as Thursday when the European planemaker posts its annual results, they said, asking …
Exclusive-Airbus to delay A350 freighter amid supply problems, sources say Read More »
(Reuters) – Britain’s benchmark index closed higher on Monday, supported by aerospace and defence stocks, while some banks slid after the Supreme Court rejected a move by finance minister Rachel Reeves to intervene in a car loan mis-selling case. The blue-chip FTSE 100 closed 0.4% higher, while the more domestically focused midcap FTSE 250 edged …
FTSE 100 up on defence boost; Supreme Court motor finance verdict hits some banks Read More »
By Nikhil Sharma and Johann M Cherian (Reuters) – European shares marked a record closing high on Monday, boosted by defence stocks as investors priced in the likelihood of increased military spending in the region, following growing U.S. pressure. The pan-European STOXX 600 index ended up 0.5% at 555.42 points, its highest ever closing level, …
European stocks mark record closing high as defence stocks soar Read More »
By Mark John LONDON (Reuters) – Europe’s leaders have long known the region is living beyond the means of its ageing, stagnant economy. The question is whether the ructions created by Donald Trump’s second White House term mean they will do something about it. Less than a month after the president was sworn in, the …
Analysis-Security demands cast new shadow on Europe’s finances Read More »
By Maria Martinez BERLIN (Reuters) – European and German fiscal rules would need to be reformed if higher defence spending was agreed among European partners, German Finance Minister Joerg Kukies said on Monday. “It brings little to only change one without changing the others, because the additional defence spending affects both sets of rules,” Kukies …
