LONDON (Reuters) – Ryanair is cautiously optimistic on pricing and forward bookings for the first and second quarters of its 2026 financial year, CEO Michael O’Leary said on Monday, after pricing fell 8% last year. He added on an analyst call that meaningful volumes of tickets were being sold at higher fares through online travel …
Ryanair ‘cautiously optimistic’ on ticket pricing, forward bookings Read More »
LONDON (Reuters) – Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution after the surging popularity of a Chinese artificial intelligence model sparked a selloff in Western AI-related stocks. The world’s biggest cryptocurrency struggled to make gains last week, as a rally …
BRUSSELS (Reuters) – DHB Bank will gradually reduce its presence in Belgium after concluding that the Belgian market is not profitable enough, it said on Monday, highlighting the challenges faced by European banks given the region’s sluggish economic growth. “Following an in-depth review, we have concluded that it is not possible in the long term …
(Reuters) – Morgan Stanley, on Monday, forecast UK’s economic growth would be less than 1% this year, echoing the estimate of its Wall Street peers Goldman Sachs and J.P.Morgan, citing a slowdown in Britain’s economy and signs of labour market weakness. The brokerage now expects the UK’s gross domestic product growth to be 0.9% in …
Morgan Stanley also expects sub-1% UK GDP growth this year Read More »
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -Ben & Jerry’s ratcheted up its censorship lawsuit against Unilever on Friday, accusing its parent company of suppressing a social policy statement the U.S. ice cream maker wanted to release because it mentioned President Donald Trump. The allegation came in an amended complaint filed in Manhattan …
Ben & Jerry’s accuses Unilever of muzzling it because of Trump Read More »
MOSCOW (Reuters) – Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total corporate revenue doubled in 2024, a leading think tank advising the government said in a research note. The warning emphasizes the scale of high inflation and slowing growth, which have …
Russian government advisers warn of corporate bankruptcies wave Read More »
By Maria Martinez BERLIN (Reuters) -German business morale unexpectedly improved in January thanks to a more positive assessment of the current economic situation, a survey showed on Monday, although analysts said many companies remain pessimistic with uncertainty rife ahead of elections. The Ifo institute said its business climate index increased to 85.1 in January from …
German business sentiment unexpectedly improves in January Read More »
ZURICH (Reuters) -The chairman of Julius Baer, Romeo Lacher, is to step down, the Swiss bank said on Monday, as it continues a management shake-up that began a year ago after it suffered major losses from exposure to collapsed property group Signa. In a statement, Baer said that Lacher would not stand for re-election at …
Julius Baer chairman to leave as Signa reckoning widens Read More »
By Anna Hirtenstein LONDON (Reuters) – Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump’s threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia. Oil is a popular …
Analysis-Renewed inflation worries help drive oil price rally Read More »
(Reuters) -British autocatalyst maker Johnson Matthey said on Monday it would review its executive pay and cut its capital expenditure in its hydrogen technologies business to boost its cash following pressure from its top investor. The company, which manufactures catalytic converters and pollution filters for cars, missed analysts’ expectations for first-half revenue and underlying profit …
Johnson Matthey to review executive pay, cut spend in hydrogen technologies Read More »
