ATHENS, Greece (AP) – A scheduled flight from Katowice, Poland, arrived safely at Athens International Airport on Sunday after an alert was issued about a possible bomb onboard.
«There’s no doubt that the UK economy by any stretch of the imagination, in terms of going into recession or whatever, is different than the other European economies,» Wilson told Reuters in an interview.
* Britain’s FTSE 100 was flat on Friday, with investors cautious ahead of major central bank decisions next week, while shares of Rolls-Royce slumped on a warning from the engineering company’s top boss.
UK CORPORATE DIARY: FY22 Results Sthree Computacen Pre-closing ter trading update Ryanair Q3 Update * For more on the factors affecting European stocks, please click on: TODAY’S UK PAPERS > Financial Times > Other business headlines (Reporting By Sruthi Narasimha Chari in Bengaluru; Editing by Savio D’Souza)
* FLYBE: British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights cancelled and 276 workers made redundant.
* NHS: England’s National Health Service (NHS) announced a two-year recovery plan to help restore emergency care and frontline services, currently struggling through one of their toughest winters. * OIL: Oil prices climbed in early Asia trade, supported by tensions in the Middle East following a drone attack in Iran and as Beijing pledged over the weekend to promote a consumption recovery which would support fuel demand.
* METALS: Copper prices slumped on Friday, pressured by a firmer dollar and uncertainty about how soon Chinese metals demand will rise after the country dismantled strict COVID-19 controls. * GOLD: Gold prices held steady, as investors remained on the sidelines awaiting the U.S.
Federal Reserve’s rate-hike verdict due this week. Jan 30 (Reuters) – Britain’s FTSE 100 index is seen opening lower, with futures down 0.30% on Monday.
* RIO TINTO: Rio Tinto Ltd’s iron ore division chief Simon Trott apologised after a contractor hired by the mining giant lost a radioactive capsule in transit in Western Australia which sparked a radiation alert across parts of the state.
The search for an explosive device, which lasted over an hour, turned up nothing.
The airline has not made a statement and airport authorities did not respond to inquiries.
I heard about a storage facility used by the airline’s baggage handlers, Swissport, for missing luggage, near Edinburgh Airport.
I went there the next morning. No one could help when we returned to Edinburgh, either.
In the penultimate session of the year, FTSE 100-listed Scottish Mortgage Investment Trust rose 3.7 per cent, or 25.8p, to 715.8p following a positive day for its portfolio.
Limiting gains on the FTSE 100, life insurers dropped 1.6% as insurer Legal & General said Chief Executive Nigel Wilson was retiring after a decade in the top job but would remain in the post until a successor took the helm.
The stock fell 1.8%.
Europe’s largest budget airline said the airport’s decision comes at a time when most European airports are reducing prices to recover traffic lost during the COVID-19 pandemic.
It said it still expects to fly 168 million passengers in the year through March 31, well above its previous annual record of 149 million reached before the pandemic brought the travel industry to a standstill.
* BRITISHVOLT: Britishvolt filed for administration in a blow to the country’s hopes of building a home-grown battery industry.
* MELSROSE INDUSTRIES: Engineering firm GKN’s owner Melrose Industries refuted claims of a lapse of communication made by bondholders threatening enforcement action. dollar firmed, while expectations of a slowdown in the pace of Federal Reserve interest rate hikes limited the losses.
* UK’s blue-chip index closed lower on Tuesday, ending a four-day winning streak after weak economic data from China raised concerns about global growth. * UK PROPERTY: UK property investment returns fell 10.4% in 2022, in a sharp turnaround from gains of 20% in 2021.
* RAIL STRIKES: Thousands of British train drivers will stage a fresh two-day walkout next month over a pay dispute, the country’s main transport workers’ unions said. * PAY DEALS: Pay awards by British employers held at 5% for the second month in a row in December.
* OIL: Oil prices rose, driven by optimism that the lifting of China’s strict COVID-19 curbs will lead to a recovery in fuel demand in the world’s top oil importer. Jan 18 (Reuters) – Britain’s FTSE 100 index is seen opening lower on Wednesday with futures down 0.07%.
* RYANAIR: Ryanair is not seeing any signs of recession, CEO Michael O’Leary said, citing two weeks of record bookings this January and a recovery in demand from Britain. * GOLD: Gold prices inched lower on Wednesday as the U.S. UK CORPORATE DIARY: Antofagasta Trading Update Currys Trading Update Rathbone Brothers Trading Update Burberry Trading Update WH Smith Trading Update Diploma Trading Update * For more on the factors affecting European stocks, please click on: TODAY’S UK PAPERS > Financial Times > Other business headlines (Reporting by Sruthi Narasimha Chari in Bengaluru)
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