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More Travellers Should Further Boost Ryanair’s Profitability
Irish airline Ryanair expects to transport 10 percent more passengers this year, mainly thanks to strong summer air travel demand. The budget airline wants to increase turnover because ticket prices are higher this summer than before the…
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Oil Price is Heading for the First Weekly Increase Since April
Oil prices are up weekly for the first time in over a month. Fuel prices are propped up by hopes of an early agreement on raising the US government's debt ceiling. A deal prevents the United States from defaulting on its debt obligations.…
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Indian Minister: Apple and Samsung Want to Expand in India
Major technology companies such as Apple and Samsung plan to expand electronics production in India.
Indian Technology Minister Rajeev Chandrasekhar said this in an interview with Bloomberg news agency. India is competing with…
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EasyJet Expects to Reach Targets Faster Due to Strong Demand
Airline easyJet expects to accelerate its mid-term targets as demand continues to be strong for the summer season.
The total loss before tax for the first half year amounted to 411 million pounds. EasyJet announced in April that…
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Siemens Raises Expectations Again After Strong Order Growth
The German industrial group Siemens has again raised its expectations for the full fiscal year thanks to strong order growth.
Siemens thus seems to be reaping the benefits of the major strategic reorganization of its activities,…
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Asian Stock Markets Mixed Ahead of Chinese Data
The major equity markets in Asia showed a mixed picture on Monday. Investors processed Friday's mostly lower closing positions on Wall Street, where a disappointing US consumer confidence figure weighed down sentiment.
Concerns…
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Investment Fund Soros Sells Interest in Tesla and Shares in Rivian
The investment company of multi-billionaire George Soros has sold its entire stake in electric car maker Tesla and most of its shares in rival Rivian Automotive.
This emerged from a report by Soros Fund Management to the American…
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Wall Street Searching for Inflation Rate, Airbnb Down After Figures
Airbnb fell sharply on the stock exchanges in New York on Wednesday. The home rental platform performed better than experts expected last quarter, but the outlook for the current quarter was disappointing.
As a result, the stock…
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