EasyJet bucks budget airline trend with record-breaking summer
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The airline forecast a “positive” outlook for its next financial year, when it planned to increase flying schedules by 3 per cent. Share $Markets update: European stocks weighed down by Trump tariff fears on Facebook Ursula von der Leyen has promised to host talks with the European car industry to help it through a “deep and disruptive transition” to electric vehicle production.
SAIC, VW’s largest partner in China, has long resisted requests by VW to sell the Xinjiang plant — which has not produced cars since the pandemic — as Beijing has denied reports of forced labour and detention of the mainly Muslim Uyghur ethnic group in the region. Share $Nationwide books £2.3bn gain from Virgin Money purchase as profits fall on Facebook Just Eat Takeaway is to become the latest company to delist from the London Stock Exchange, in a move it said would cut costs and complexity.
The tender offer, first reported by CNBC, prices employee stock according to OpenAI’s last funding round, completed last month. That $6.6bn fundraise valued the company at $150bn.Share $SoftBank builds its OpenAI stake with $1.5bn investment on X Markets update: Yen extends gains as Chinese equities rise
Elsewhere in Asia, Taipei’s Taiex underperformed with a 1.5 per cent decline as shares of Taiwan Semiconductor Manufacturing Co dropped 1 per cent. TSMC shares are down 4.3 per cent for the week.Share $Markets update: Yen extends gains as Chinese equities rise on X “These directors have been charged on three counts in the criminal indictment namely alleged securities fraud conspiracy, alleged wire fraud conspiracy, and alleged securities fraud,” the filing said of the Adanis and Jaain.Share $Adani criticises ‘incorrect’ coverage of US charges against executives on X
Mohsin Naqvi, Pakistan’s interior minister, said protest leaders, including Ali Amin Gandapur, chief minister of Khyber Pakhtunkhwa province, and Khan’s wife Bushra Bibi, had escaped.Share $Protesters flee Pakistan capital as security forces crack down on X Equity markets in Asia were muted, with Japan’s Topix declining 0.9 per cent and China’s CSI 300 index flat in early trading.Share $Markets update: New Zealand and Sri Lanka cut interest rates on X
Trump said in a separate statement that Jim O’Neill, a former health official and close ally of billionaire investor Peter Thiel, was his choice to serve as Robert F Kennedy Jr’s deputy at the health and human services department.Share $Trump names anti-lockdown academic to head biomedical agency on X
US Treasuries rallied and the S&P 500 closed at a record high as investors weighed the release of the minutes from the Federal Reserve’s November meeting and the prospect of
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