London Report: FTSE slips from five-day rise as ex-div firms fall August 20, 2014 BRITAIN’S top share index yesterday retreated from a three-week high, halting a five-day winning streak, with companies trading without the attraction of their latest dividend putting pressure on the broader market. The benchmark index finished down 0.35 per cent, or 23.83 points, at 6,755.48 points. Despite markets pausing for breath after recent rises, Standard Chartered [...]
To Fry. To Serve: British Airways adds fish and chips to menus August 19, 2014 It’s about time. British Airways, the epitome of all things British, will finally start serving of one of our other stalwarts, fish and chips, on board. Previously, it seems fish and chips were just too hard to replicate during a flight but thanks to some kind of gastronomical witchcraft from DHL Supply Chain, the airline [...]
Monarch to cut costs and plane numbers to fight budget rivals August 17, 2014 Monarch Airlines is believed to be considering cutting around 1,000 jobs as part of a major strategic review as it seeks to revive its fortunes in a bid to take on low-cost rivals such as easyJet and Ryanair. Delivering the strategic review is one of the key goals of new chief executive Andrew Swaffield, who [...]
London Report: FTSE flat as Pru data counter geopolitical tensions in Ukraine August 12, 2014 BRITAIN’S top shares yesterday were pegged back by tension between the west and Russia over Ukraine, although robust results lifted insurance and pensions group Prudential. The FTSE 100 closed down 0.4 of a point – flat in percentage terms – at 6,632.42 points. A convoy of 280 trucks that Russia said were carrying humanitarian aid [...]
Iraq: British and US airlines among those to suspend flights over the conflict zone August 9, 2014 British Airways announced yesterday that it was suspending all flights over Iraq. A spokesman for Britain's flagship carrier said that the move was “temporary” and that it would "keep the situation under review". Flights that will be affected include those to Dubai and Oman. The move follows a similar decision taken by the [...]
Russia moves to retaliate over sanctions by cancelling flights August 5, 2014 RUSSIA is preparing plans to retaliate against the EU after the 28 nations and America imposed heavy sanctions on the country in the wake of the downing of Malaysian Airline MH17 last month. Russian Prime Minister Dmitry Medvedev threatened to take action against the EU yesterday, after the sanctions caused low-cost airline Dobrolyot to ground [...]
African Minerals and London Mining share prices slump as Ebola outbreak fears rise August 5, 2014 Shares in some Sierra Leone-focused miners on the London Stock Exchange plunged yesterday, amid increasing fears over the spread of the largest Ebola outbreak in history. African Minerals saw the biggest decline, falling 18 per cent by market close, while London Mining slumped eight per cent. Neither company’s operations has been affected by the disease [...]
Ebola flight risk mapped: British Airways cancels UK routes August 5, 2014 As the Ebola crisis continues, British Airways has cancelled flights to Sierra Leone and Liberia, cutting off the only direct flights to London. In a statement, the airline said it was unable to continue flights "due to the deteriorating public-health situation" in the area. The situation has intensified recently with new cases reported in Nigeria. [...]
Manchester United plane diverted after hoax bomb threat on Qatar Airways flight QR23 August 5, 2014 Manchester United's flight home was diverted off course as a result of the RAF escort of Qatar Airways flight QR23 into Manchester airport. The playing and management staff were flying back from Miami after beating Liverpool 3-1 in a friendly last night. They were aboard Atlas Air flight 8758. After security forces received [...]
Arrest made after Qatar Airways plane escorted by fighter jets to Manchester airport August 5, 2014 A man has been arrested on the suspicion of making hoax bomb threat after an incident at Manchester airport. The Qatar Airways Airbus A330, flight number QR23, was escorted into Manchester Airport by RAF fighter jets after "information received by the pilot about a possible device on board". Greater Manchester police confirmed the arrest after [...]