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    European shares rise after positive blue-chip trading updates

    A slew of upbeat updates from European blue-chip firms helped the region’s benchmark index posts its best session in 11 weeks on Wednesday and further recover from Monday’s sharp losses, while travel stocks roared back after weeks of decline. A rise in hammered bond yields helped banks post their best session in more than four months. Meanwhile, investors expect the European Central Bank to stick to a dovish tone at its Thursday policy meeting. DUBLIN The Iseq rose 2.2 per cent for its second consecutive gain after a dismal start to the week on Monday. Several major stocks posted decent […] More

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    Week ahead: 26 – 30 July

    Welcome to the week ahead, our summary of the forthcoming key company announcements. Companies are no longer obliged to notify the London Stock Exchange (LSE) of results and trading updates, so this list does not claim to be comprehensive. You can read company announcements at http://announce.ft.com and our daily online news summaries record all key company announcements and business press headlines. Monday 26 July  Trading updates: Cranswick (CWK) Interims: Science (SAG) AGMs: Cranswick (CWK), Deepverge (DVRG), Gresham House Strategic (GHS), National Grid (NG.), Oakley Capital Investments Ltd (OCI) Companies paying dividends: Inspired Energy (0.12p), Helical (7.4p) Tuesday 27 July  Trading […] More

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    JetBlue and American Airlines Partnership Makes it Easier Than Ever for Customers to Return to Travel with Largest Schedule, More Benefits and a Seamless Travel Experience

    NEW YORK & FORT WORTH, Texas–(BUSINESS WIRE)–Jul 20, 2021– JetBlue (NASDAQ: JBLU) and American Airlines (NASDAQ: AAL) are providing customers the most choice in the Northeast, on the best product, and with a premium experience, as travelers return to the sky. As part of their Northeast Alliance (NEA), JetBlue and American will operate more than 700 daily flights from New York and Boston this winter, giving customers more choice than any other airline can offer. “Our Northeast Alliance with JetBlue gives customers more choices and benefits and raises the bar on offering an industry-leading experience,” said Vasu Raja, American’s Chief […] More

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    UK virus cost-benefit discounts human psychology

    Commuters walk through Waterloo station in London, Britain, July 19, 2021. REUTERS/Peter Nicholls LONDON, July 19 (Reuters Breakingviews) – The UK’s Covid-19 reopening leans heavily on a breezy view of human psychology. Prime Minister Boris Johnson on Monday broke ranks with states like Israel by lifting all virus-related restrictions. His basis for doing so amounts to a massive live experiment. Johnson’s punt is unfortunately timed. On Monday, stock markets on both sides of the Atlantic slumped on news that the so-called Delta variant was spreading rapidly. In America, cases surged 70% last week compared to the previous seven-day period, according […] More

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    What does a mature streaming service look like? Netflix is about to show us

    Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like when it hits maturity. Netflix’s growth stage hit warp speed during the COVID-19 pandemic, then fell off in the first quarter after nearly a year of staggering growth. When the company reports second-quarter earnings on Tuesday, it has warned investors of the smallest number of net additions in its history. While the stock plunged on that news three months ago, it should not have been surprising. Netflix has been giving hints that it was reaching […] More

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    Lufthansa resumes flights to Port Harcourt | The Guardian Nigeria News – Nigeria and World News

    Following the Nigerian Civil Aviation Authority’s (NCAA) announcement of the reopening of Port Harcourt International Airport, Omagwa, Rivers State for international flights, German airlines group and carrier, Lufthansa Airlines has said it will resume flight operations to the airport. According to a statement by the airlines, starting from Friday, August 2, 2021, it will offer five weekly departures to Frankfurt, with one stop in Abuja. The return flight Frankfurt-Port Harcourt will be nonstop with a flight time of only six hours and twenty minutes. The group further states that added to the existing connection to Lagos, the airline will offer […] More

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    The end: Malaysia Airlines to sell its Airbus A380 fleet

    While the pandemic keeps taking its toll on international air travel, airlines are reviewing the future of their widebody aircraft. The status of the Airbus A380 was under question even before the pandemic. But the current health crisis was just enough for some operators to single-handedly oust the Super Jumbo. Another airline is joining the ever-growing list of the Airbus A380 former operators. Malaysia Aviation Group (MAG), the parent company of national air carrier Malaysia Airlines, launched a tender for the sale of its six Airbus A380s or their components on July 15, 2021. Interested parties are invited to send […] More

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    Repsol, Iberia to advance sustainable mobility solutions

    The agreement will focus on the supply of sustainable aviation fuels, the green transition of Iberia’s equipment at airports, and a more efficient management of its facilities. © Iberia Iberia, part of International Airlines Group (IAG), and multienergy company Repsol have signed a collaboration agreement to move towards more sustainable mobility, among other objectives. The agreement will focus on the research and development of sustainable aviation fuels, the ecological transition of Iberia’s equipment at airports, and a more efficient management of the company’s facilities. Companies will develop joint programs and activities in the mentioned areas, in particular: the research and […] More

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