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Berkshire Hathaway (BRK.b) – Berkshire Hathaway gained 1.5% in premarket trading after Warren Buffett's firm reported better-than-expected earnings, with revenue also topping Street forecasts. Meta Platforms (META) – Meta added 2.6% in the premarket after The Wall Street Journal reported that the Facebook parent was preparing to announce large-scale layoffs this week. Apple (AAPL) – Apple shares slid 1.8% in the premarket after it said Covid-19 restrictions are hindering iPhone production at the Foxconn factory in China. Yamana Gold (AUY) – Yamana Gold lost 2.7% in the premarket after Gold Fields (GFI) said it would not change the terms of its takeover deal with Yamana. Ryanair (RYAAY) – The airline's stock gained 6.2% in premarket trading after it reported its largest-ever profit for the first half of the year.
We look set for a strong winter, says Ryanair CEO
  + stars: | 2022-11-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe look set for a strong winter, says Ryanair CEOMichael O'Leary, CEO of Ryanair, discusses its earnings and says "cautiously optimistic is the right place to be."
Ryanair is booming as flyers ditch pricier airlines
  + stars: | 2022-11-07 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +3 min
The low-cost carrier posted its highest ever half-year profit on Monday, earning €1.37 billion ($1.36 billion) for the six months through September. That beat its previous record high of €1.15 billion ($1.14 billion) in 2019. It carried 95.1 million passengers during the period, up from 39.1 million a year ago. The strong earnings mean the company will reverse pandemic pay cuts for over 90% of its pilots and cabin crew from next month — earlier than planned. “These long-term pay agreements with the vast majority of our people have now delivered fully restored pay 28 months earlier than previously agreed,” O’Leary said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRyanair CFO Neil Sorahan: We continue to see huge demand for travelNeil Sorahan, CFO for Ryanair Group, joins CNBC's 'Squawk Box' to discuss whether the airline is seeing signs of an economic slowdown ahead of the busy holiday travel season.
Check out the companies making the biggest moves midday:Carvana — Carvana shares shed more than 15%, with trading briefly halted at one point due to volatility. Walgreens raised its fiscal year 2025 sales goal for its U.S. health-care business to $14.5 billion to $16.0 billion, from $11.0 billion to $12.0 billion to account for the deal. Viatris — The global health-care company rallied 16% after it announced it intends to create an ophthalmology franchise by acquiring Oyster Point Pharma and Famy Life Sciences. The toymaker's shares shed nearly 60% last Friday after it delivered disappointing quarterly results and issued a weak forward guidance that included a fourth-quarter loss. DoorDash — Shares of the food delivery company rallied 2.5% after being upgraded by Oppenheimer to outperform from perform.
REUTERS/StaffSummarySummary Companies Flutter, Ryanair lead travel stocks higherTravel & leisure index hits near 3-month highsChina-exposed luxury companies declineIrish stocks rallyNov 7 (Reuters) - European shares rose on Monday, reversing declines from the opening bell, as a jump in travel stocks helped outweigh a drag from China-exposed luxury giants. The benchmark STOXX 600 index (.STOXX) added 0.6% by 0929 GMT, extending gains after its fourth straight weekly rise. Flutter Entertainment Plc rose 4.5%, boosting European travel & leisure stocks (.SXTP) by 2.3% and helping it touch a near three-month high. European luxury stocks, including LVMH (LVMH.PA), Pernod Ricard (PERP.PA) and Hermes International (HRMS.PA), dipped between 0.1% and 0.4%. Dutch fertiliser maker OCI (OCI.AS) fell 3.7% to the bottom of the STOXX 600 after J.P. Morgan cut its rating on the stock on softer quarterly outlook.
Investors are more than happy when politicians bicker but don’t actually enact any new laws that may hurt corporate profits. If Republicans get the House, tax hikes are dead in the water,” said David Wagner, a portfolio manager with Aptus Capital Advisors. That’s because there are some areas of consensus for the White House and Republican lawmakers. Congress and the White House may spend more time bickering than trying to pass legislation. Ameriprise chief market strategist Anthony Saglimbene said on a conference call last week about the midterms that stocks have historically gone up after elections, no matter which party controls the White House and Congress.
In their first tweet about the country, @gaspardooo wrote, "Je suis sûr que les américains ne connaissent même pas le nom de ce pays ptdrrr." As the Listenbourg post gains traction on social media, the lore around the fictional country grows. One user shared a made-up flag of Listenbourg, sharing fake historical moments and images of former leaders of the nation. Another Twitter user shared a photoshopped image of Fox News anchor Tucker Carlson appearing to talk about Listenbourg. French TikToker HugoDeCrypte posted a video about Listenbourg to his 3.3 million followers, which has been viewed more than 4.2 million times and liked more than 636,000 times.
Wizz Air eyes more growth, sees travel demand holding up
  + stars: | 2022-11-02 | by ( Sarah Young | ) www.reuters.com   time to read: +2 min
Wizz's upbeat forecast chimes with the outlook from other European airlines including British Airways-owner IAG (ICAG.L) and Lufthansa (LHAG.DE), which have all said they are seeing continued growth in ticket sales. Chief executive Jozsef Varadi said on Wednesday that bookings were holding up strongly: "So far we are seeing no indication of a drop in demand so we remain confident." But it is lower than the 40% capacity growth that analysts had been expecting, reflecting Wizz's caution over the resilience of its operations following airport disruption which hurt it last spring, and partly to protect unit revenues. "You obviously have a company which is going for a lot of growth in this type of market," he said. "I don't think we are a target, or we can be a target on that basis," he said.
Wizz Air plans to grow by 35% as travel demand holds up
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Nov 2 (Reuters) - Budget airline Wizz Air (WIZZ.L) said it planned to grow its capacity by 35% in the six months to the end of March as demand for travel remained strong despite the pressure on household budgets from inflation. "So far we are seeing no indication of a drop in demand so we remain confident," chief executive Jozsef Varadi said on Wednesday. Hungary-based Wizz posted core earnings for its seasonally strong June-September quarter of 374 million euros ($369 million). That represented a recovery from the previous period when staff shortages at airports dragged the airline to a loss. Overall the airline posted an operating loss of 63.8 million euros for the March to September half.
Ryanair breaks another monthly traffic record in October
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +1 min
DUBLIN, Nov 2 (Reuters) - Ryanair (RYA.I) flew 15.7 million passengers in October, a record high for the month and up 14% on pre-COVID levels, Europe's largest airline by passenger numbers said on Wednesday. Similar to September, the jump in traffic meant Ryanair flew more passengers last month than in any of its busiest summer months before the COVID-19 pandemic struck. It flew a record 16.9 million passengers in August. CEO Michael O'Leary told Reuters last month that bookings for the autumn mid-term and Christmas holidays were ahead of pre-COVID levels. Ryanair expects to fly 166.5 million passengers in the year to the end of March, significantly ahead of its previous record of 149 million.
Johnson Hana has raised 10.5 million euros (around $10.4 million) to take on the legal sector. The startup, used by the likes of Ryanair and Airbnb, aims to dramatically reduce legal costs. Irish legal tech startup Johnson Hana has raised 10.5 million euros (around $10.4 million) to build out its platform which is designed to upend traditional law firms by offering legal services to the likes of LinkedIn and Airbnb at a fraction of the industry cost. Compliance tasks that often form the basis of legal process work are often charged by law firms as advice that demands more input from lawyers, according to Johnson Hana. Check out the 9-slide pitch deck Johnson Hana used to raise the funds below:
REUTERS/Carlos BarriaCHICAGO, Oct 21 (Reuters) - U.S. carriers including Delta Air Lines (DAL.N) and United Airlines (UAL.O) are betting big on American consumers' unquenched thirst for travel across the Atlantic by adding more flights to Europe. Register now for FREE unlimited access to Reuters.com RegisterThe transatlantic is the world's most lucrative travel market. Starting this month, Delta plans to operate more transatlantic flights than it did before the pandemic. Travel website KAYAK said searches for international travel, including to Europe, from the United States are up nearly 40% from last year. United said the transatlantic travel demand has remained "incredible" into the fall.
Central banks are relentlessly hiking interest rates to rein in inflation — even at the expense of economic growth — prompting fears of a recession. "Concerns on sticky inflation and a tight labor market have focused investor attention on implications for rising rates and recession risk. Those stocks have high and expanding cash return on capital invested and return on equity, according to the bank. BlackRock says that's now an 'obsolete' strategy Investors keen to add growth names to their portfolio could also look to Goldman's list of high growth stocks. The bank also identified high growth names that are trading at an attractive valuation, including Watches of Switzerland and Standard Chartered .
ROME, Oct 18 (Reuters) - Ryanair (RYA.I) boss Michael O'Leary on Tuesday described the economic situation in Britain as a "car crash" caused by the country's vote to leave the European Union in 2016. Britain's new finance minister, Jeremy Hunt, on Monday scrapped Prime Minister Liz Truss's economic plan and scaled back her vast energy support scheme in a historic policy U-turn to try to stem a dramatic loss of investor confidence. Register now for FREE unlimited access to Reuters.com RegisterIrishman O'Leary said he expects Truss, who became prime minister last month, to be out of a job within a week or two. O'Leary welcomed the appointment of Hunt, who took over as finance minister last Friday and has since rewritten government plans presented only last month. "The Remainers are coming back, the adults are taking charge again ... we will return to some sensible economic policies," O'Leary added.
SummarySummary Companies Ryanair sees mid to high single-digit fare growthO'Leary says travel demand supported by high savingsBERLIN, Oct 13 (Reuters) - Ryanair's (RYA.I) bookings for the autumn mid-term and Christmas holidays are ahead of pre-COVID levels and it sees average fares rising by more than expected for the financial year to end-March, Chief Executive Michael O'Leary said on Thursday. "At the moment they (bookings) are surprisingly strong, we thought they would begin to ease off but actually forward bookings into the mid-term and into Christmas are stronger in terms of volume and pricing than they were pre-COVID," O'Leary said in an interview. "But so far everything seems to indicate that people are switching to the lowest cost airline and in all markets that's Ryanair," he said. It expects to fly 166.5 million passengers in the year to the end of March, significantly ahead of its previous annual record of 149 million reached before the pandemic brought the travel industry to a standstill. Register now for FREE unlimited access to Reuters.com RegisterReporting by Klaus Lauer, Writing by Padraic Halpin in Dublin; Editing by Mark Potter and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
Register now for FREE unlimited access to Reuters.com RegisterRyanair often gains passengers from higher-cost rivals during economic downturns, he added. Economist Julian Jessop warned on Wednesday that Britain's economy could end up in a "doom loop" of a falling currency and rising interest rates. "That's not anything that's on the horizon, but we always have the ability to do that," he said. Unlike UK rivals, much of Ryanair's income is denominated in euros and the airline has hedged much of its dollar exposure for aircraft and fuel purchases, Wilson said. Register now for FREE unlimited access to Reuters.com RegisterWriting by Conor Humphries; editing by Jason Neely, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
LONDON, July 18 (Reuters) - Flights to and from Britain's London Luton airport were temporarily disrupted on Monday after soaring temperatures caused a defect in its runway, prompting airlines to delay or divert their planes. read moreThe airport said its runway had reopened at 1705 GMT, after earlier suspending flights at 1522 GMT. Some 14 flights due to land at Luton were diverted to other airports including Gatwick and Stansted on Monday afternoon, according to FlightRadar24 data. That total included 14 Wizz flights heading to European holiday destinations including Tenerife and Dubrovnik, and 16 EasyJet arrivals. A spokesperson for Ryanair said it had not cancelled any flights to or from Luton, but had diverted a small number to London Stansted Airport due to the runway defect.
Украина поддержала Литву и отказалась закупать электроэнергию у Белорусской атомной электростанции (БелАЭС). Ранее Украина и Литва договорились вместе бойкотировать закупки электроэнергии с Белорусской АЭС. Первый энергоблок Белорусской АЭС был запущен в конце прошлого года в тестовом режиме. 11 января Европарламент (ЕП) принял резолюцию, в которой потребовал приостановить запуск Белорусской АЭС из соображений безопасности. В Литве с самого начала строительства станции заявляли, что на Белорусской АЭС нарушаются все нормы безопасности, несмотря на то, что станция прошла необходимые проверки МАГАТЭ.
Persons: Денис Шмыгаль, Ингриды Шимоните, Шимоните, Шмыгаль, Роман Протасевич Organizations: Ryanair, Белорусская атомная электростанция (БелАЭС), Ближнее зарубежье, Международное агентство по атомной энергии (МАГАТЭ), Белорусская АЭС, Европарламент (ЕП), МАГАТЭ Locations: Украина, Литва, Вильнюс, Европейский союз, БелАЭС, Минск
Власти Литвы решили построить ограждение на границе с Беларусью из-за наплыва на свою территорию нелегальных мигрантов из этой страны. По словам Шимоните, Литва также задействует военных для обеспечения безопасности на границе с Беларусью. Ранее власти Литвы объявили режим экстремальной ситуации в стране из-за потока нелегальных мигрантов. Вслед за ней контроль на границе с Беларусью усилила Латвия. Рейс 23 мая сел в аэропорту Минска из-за сообщения о «минировании» по требованию белорусских диспетчеров и в сопровождении истребителя МиГ-29.
Persons: nokta, Ингрида Шимоните, Шимоните, Александр Лукашенко, Роман Протасевич, Протасевич, Софья Сапега Organizations: Reuters, Ryanair Locations: Литва, Беларусью, Беларусь, Латвия, Европа, Минск, Россия
Preşedintele belarus Alexandr Lukaşenko a ameninţat marţi că va opri tranzitul bunurilor din Uniunea Europeană prin Belarus către Rusia şi China, ca reacţie la sancţiunile UE, transmite Reuters, preluată de New.ro. UE a impus luna trecută sancţiuni economice ample Belarusului, având ca ţintă principalele industrii exportatoare şi accesul la finanţare, după ce Minskul a obligat un avion al Ryanair să aterizeze pentru a aresta un blogger disident aflat la bord. Însă oficialii din Belarus au vorbit despre războiul economic împotriva ţării lor, iar Lukaşenko, marţi, a ridicat perspectiva unor contra sancţiuni care ar opri tranzitul mărfurilor UE prin Belarus către est. Lukashenko nu a specificat când ar putea fi blocat tranzitul şi care ţări, în afară de Germania, ar putea fi afectate. Primul ministru din Belarus, Roman Golovcenko, a declarat că guvernul său ”va analiza comportamentul partenerilor noştri europeni” şi va lua ceea ce el a numit măsuri adecvate care nu ar afecta economia din Belarus.
Persons: Alexandr Lukaşenko Organizations: Uniunea Europeană, Reuters, UE Locations: Belarus, Rusia, China, Belarusului, UE, Finlanda, Ucraina, Germania, Roman
Белоруссия в ответ на европейские секторальные санкции может ввести ограничения на транзит товаров из Германии в Россию и Китай. Он напомнил, что в прошлом в ответ на санкции уже ограничивал поставки продукции компаний Scoda и Nivea на белорусский рынок. Первое: на белорусский рынок — ни шагу, второе: через Беларусь — тоже ни шагу», — вспомнил Лукашенко. Лукашенко отметил, что Минск в ответ на европейские санкции будет принимать такие меры, чтобы в ЕС, «прежде чем браться за экономическое оружие, думали». В июне ЕС ввел секторальные санкции в отношении Белоруссии — под ограничения попали предприятия нефтяной отрасли и производство и экспорт калийных удобрений, Минску ограничили доступ к европейским рынкам капитала.
Persons: Александр Лукашенко, Лукашенко, Роман Протасевич, Софья Сапегу Locations: Белоруссия, Германия, Россия, Китай, Беларусь, Финляндия, Украина, Минск, ЕС, Ближний Восток, Европа, Польша, Литва, Латвия, Афганистан, Иран, Ирак, Ливия, Сирия, Тунис, Брюссель, ФРГ
Președintele Belarusului Aleksandr Lukașenko a declarat că „nu va mai opri masele de refugiați” care vor să intre în Europa și că nu va mai permite tranzitarea bunurilor europene cu destinația Rusia și China. Amenințările lui Lukașenko vin ca răspuns la sancțiunile impuse de UE regimului de la Minsk, scrie tass.ru. În opinia sa, țările UE sunt responsabile pentru consolidarea fluxurilor de migrație datorită acțiunilor lor, în special în Afganistan. În aceeaşi reuniune de guvern, Lukaşenko a declarat că Minsk-ul nu va mai permite tranzitarea mărfurilor prin Belarus spre China şi Rusia. Le-am spus: băieţi, va mulţumesc şi la revedere!”, a spus Lukașenko.
Persons: Aleksandr Lukașenko, Lukașenko, Lukașenko Marți, Lukaşenko Organizations: Skoda, Uniunea Europeană Locations: Europa, Rusia, China, Minsk, Polonia, Lituania, Letonia, Ucraina, Afganistan, Iran, Irak, Libia, Siria, Tunisia, Asia Centrală, Uniune Sovietică, Belarus, Belarusul, UE, sovietice, Bruxelles
Sursa foto: ProfimediaLukașenko amenință că va lăsa „mase de imigranți” să intre în Europa ca răspuns la sancțiunile UEAleksandr Lukașenko amenință Europa că „nu va mai opri masele de refugiați” care vor să intre în Europa și că nu va mai permite tranzitarea bunurilor europene cu destinația Rusia și China. „Oamenii au plecat din zone de război spre Europa, unde este cald şi confortabil”, iar Germania are nevoie de muncitori, a spus el. Le-am spus: băieţi, va mulţumesc şi la revedere!”, a spus Lukașenko. Michel a avut o întâlnire cu şefa guvernului lituanian Ingrida Simonyte, care a apreciat că afluxul „îngrijorător”de migranţi a fost „inspirat de structurile guvernamentale din Belarus”. Le deschideţi şi mai larg uşa acestor migranţi”, a spus Lukaşenko, citat de agenţia de stat belarusă Belta.
Persons: Profimedia Lukașenko, Aleksandr Lukașenko, Lukașenko, Lukaşenko, Charles Michel, Michel, Ingrida, Aleksandr Lukaşenko, aceştia îşi, Le Organizations: Uniunea Europeană, Skoda, Consiliului Locations: Europa, Rusia, China, Minsk, Belarusul, Afganistan, Siria, Irak, Germania, Belarus, Finlanda, Ucraina, Lituania, Africa, Orientul Mijlociu, Medininkai, UE, sovietice, Bruxelles, Polonia, Letonia
Lukașenko amenință că va lăsa „mase de imigranți” să intre în Europa și va interzice tranzitarea mărfurilor prin BelarusAleksandr Lukașenko a declarat că „nu va mai opri masele de refugiați” care vor să intre în Europa și că nu va mai permite tranzitarea bunurilor europene cu destinația Rusia și China. „Dacă cineva crede că acum vom închide granița cu Polonia, Lituania, Letonia și Ucraina și ne vom transforma într-un colonier pentru refugiații din Afganistan, Iran, Irak, Libia, Siria, Tunisia, atunci pur și simplu se înșală cel puțin”, a spus Lukașenko. În aceeaşi reuniune de guvern, Lukaşenko a declarat că Minsk-ul nu va mai permite tranzitarea mărfurilor prin Belarus spre China şi Rusia. Le-am spus: băieţi, va mulţumesc şi la revedere!”, a spus Lukașenko. Referitor la afluxul brusc de migranţi în Lituania, preşedintele Consiliului European, Charles Michel, a declarat că regimul de la Minsk ar putea avea un rol în această situaţie, potrivit AFP, citat de Digi24.
Persons: Lukașenko, Belarus Aleksandr Lukașenko, Marți, Lukaşenko, Charles Michel Organizations: Skoda, Consiliului, Uniunea Europeană Locations: Europa, Belarus, Rusia, China, Minsk, Polonia, Lituania, Letonia, Ucraina, Afganistan, Iran, Irak, Libia, Siria, Tunisia, Germania, Finlanda, Africa, Orientul Mijlociu, Belarusul, UE, sovietice, Bruxelles
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