Coronavirus: Spanish cases jump by 1,500 as Ryanair joins Jet2 in cancelling flights to Spain March 14, 2020 Spain has had a 1,500 rise in confirmed coronavirus cases today, the country’s public health officials have said. It brings the total to 5,753, almost of half of which are in Madrid. Meanwhile, the death toll has risen to 136. Spain has more cases of coronavirus than any other country in Europe except for Italy, [...]
FTSE 100 crashes 10.9 per cent in worst one-day fall since 1987 March 12, 2020 The FTSE 100 suffered its second biggest one day fall in the history of the index, and the worst day since 1987, as it closed down 10.87 per cent. London’s blue-chip index plunged 639 points to close at 5,237 points, as global stocks suffered yet another meltdown after Donald Trump imposed a travel ban on [...]
Oil giants slump as Trump EU travel ban makes COVID-19 and price war effect worse March 12, 2020 Oil company shares have sunk today after the Brent crude price sunk below $34 a barrel, as the market absorbs news of President Trump’s travel ban. Shares in BP have fallen 11.18 per cent to 280p and those of Shell are also down 11.15 per cent at 1,165p. Tullow oil and TransGlobe Energy released results [...]
Coronavirus: US travel ban decimates airline stocks March 12, 2020 President Donald Trump’s travel ban on European citizens entering the US due to coronavirus fears sent airline stocks to new lows today after weeks of pressure on the sector. Recent FTSE 100 dropout Tui led the falls, posting a 10.4 per cent decline by the mid-morning, while British Airways owner IAG was not far behind, [...]
Horse Racing Betting Tips: A Plus Tard all set for take off in Ryanair March 11, 2020 ONLY the eight runners are set to line-up in the Ryanair Chase (2.50pm), which is one of the feature races on the penultimate day of the meeting. Last year’s winner Frodon is back to de- fend his crown with Bryony Frost in the saddle and the rain that fell earlier in the week will certainly [...]
Balfour Beatty confirms delay to £200m share buyback due to coronavirus March 11, 2020 Shares in construction giant Balfour Beatty jumped today, despite confirmation it has scrapped a £200m share buyback. The confirmation comes after Sky News first reported the plan yesterday. Balfour Beatty posted a net profit, although it slipped from £135m in 2018 to £133m in 2019, a drop of 1.4 per cent. This was on the [...]
Jet2 dodges airlines malaise as budget carrier raises profit forecast March 11, 2020 Jet2 owner Dart Group today bucked the current airlines malaise, raising its profit forecast for the second time in six months despite the pressure being exerted on the aviation industry by the coronavirus outbreak. In a trading update, the airline said that until “very recently” customer demands for its package holidays had remained “consistently strong” [...]
Heathrow Airport passenger numbers sink in February as coronavirus hits demand March 11, 2020 Passenger numbers at Heathrow Airport declined nearly five per cent year-on-year in February as a lack of demand due to the coronavirus outbreak began to take its toll on the transport hub’s footfall. The monthly fall to 5.4m passengers was largely down to a falling demand on Asian and European routes, which have been the [...]
Horse Racing Betting Tips: Hobbs runner Definitely the one in the Champion Chase March 10, 2020 EVERY year there is always a ‘race of the Festival’ and up until yesterday morning it was undoubtedly the Betway Champion Chase (3.30pm). However, sadly reigning champion Altior was ruled out by Nicky Henderson after suffering a setback on Sunday and going lame. He just couldn’t recover in time and it’s a real shame as [...]
EU suspends landing slots rule in bid to ease burden on beleaguered airlines March 10, 2020 The EU has dropped a rule meaning that airlines must run the majority of their scheduled services or risk losing profitable landing slots in a bid to give the industry some relief amid the coronavirus outbreak. Ursula von der Leyen, the president of the European Commission, said that the bloc would temporarily do away with [...]