Ryanair has "reluctantly", allowed parents to sit free with their children from Thursday. The change was said to be revenue neutral and came two weeks after the british competition watchdog launched an investigation into its policy. The?largest airline in Europe by passenger numbers required that adults traveling with children between the ages of 2 and 11 pay a "family seats" fee, which allowed up to four children per adult to sit together. The Competition and Markets Authority in Britain said that the surcharge usually costs around PS8 ($10.70), each way, and could 'constitute' forcing parents to pay Ryanair for its...

The Indian equity benchmarks posted their third consecutive 'weekly' gain on Thursday. This is the longest winning streak in seven months. Crude oil prices dropped to levels seen before the Iran-War and recent measures taken to bolster rupees and attract overseas inflows improved sentiment. The Nifty 50 gained 0.14% and reached 24,056. The BSE Sensex also rose 0.14%, reaching 77100.47. The indices had each risen by over 1% during the session before some profit-taking in the last hour. Investors trimmed 'their positions late in the day as markets are closed on Friday," said Ankur Punj. Wealth Brent crude dropped 1.4%...

EasyJet, the British budget airline, rejected on Thursday a fourth takeover offer from an American investment firm Castlelake, which was sweetened to PS4.93 billion ($6.50 Billion). However, it said that it would give limited access of commercial information to the bidder in order to?draw a higher price. EasyJet released a statement saying that the Board believed giving Castlelake limited access to commercial information, as Castlelake requested in the letter containing the Fourth Proposal could?produce an attractive proposal. Castlelake had previously offered PS6.25 for each share. The PS6.50 per share proposal was higher. According to a Financial Times article from last...

European shares opened higher on Thursday, led by gains in technology stocks. Micron and Qualcomm's strong forecasts assuaged fears about the sector's inflated valuations, while oil prices eased further. By 0711 GMT, the?pan European STOXX 600 was up by 0.27% to 636.88. The AI rally is back on the agenda - as U.S. chipmakers Micron & Qualcomm released strong forecasts. This temporarily calmed investor concerns that a rally of global AI-linked shares had gone too far. European?tech shares, which rose by 30% in the last quarter, led the gains on the benchmark. Infineon and STMicroelectronics chipmakers gained 5,2% and 3,7%...

The U.S. and Israel war against Iran is causing financial stress for companies in Australia and New Zealand. Higher fuel prices are stoking inflation, reducing consumer and business confidence and weighing on corporate earnings. Some of the companies in Australia and New Zealand have made an impact. Air New Zealand: New Zealand’s flag carrier predicted its largest annual pre-tax losses in four years. This was two months after withdrawing their earlier 2026 forecast, as the Iran War pushed up jet oil prices, increasing costs, and compounding the pressure of weak demand and fleet restrictions. Air New Zealand has forecast a...

Falling crude prices boosted airline and travel stocks, and the Dow closed higher. As more tankers are expected to leave the Strait of Hormuz, oil prices have?fallen?to the lowest level since the beginning of the Iran War. Donald Trump, the U.S. president, said that Iran told Washington there were no tolls being collected. S&P 500 passenger airline index rose 5.2%, while Expedia Group and Booking Holdings also saw gains. The tech stocks fell, causing the focus to shift towards Micron Technology's earnings after the bell. The stock is up more than 200% since?2026, but it closed Wednesday's trading down 0.3%....

The Nasdaq, S&P 500 and Dow closed lower on Tuesday, with tech stocks being the main drag. As more tankers are expected to leave the Strait of Hormuz, oil prices have fallen to their lowest levels since the beginning of the Iran War. U.S. president Donald Trump claimed that Iran told Washington there were no tolls being collected. The S&P 500 index of passenger airlines rose. The tech?stocks fell, causing the focus to shift towards Micron Technology's results after the bell. The stock is up more than 200% in 2026, but it fell on Wednesday. Cerebras Systems fell after the...

Airbus announced on Wednesday that it would support?inspections of a subset?of?A380 aircraft, after Europe's aviation regulator had ordered urgent 'checks' on the wing structures of these?jets. The European Aviation Safety Agency (EASA), the agency responsible for ensuring aviation safety in Europe, published an urgent airworthiness directive Monday. It required inspections of 16 A380s and warned about cracks discovered in wing spars which could have a negative impact on structural integrity. Five planes must be inspected prior to the next flight, and the rest within 25 flight cycles. Flightradar24, which tracks flights, says that 15 of the affected aircraft were operated...

U.S. airlines stocks rose between 3% and 7% on Wednesday, after crude prices dropped to their lowest level since the Iran War. This sparked a hope that the pressure on carrier's earnings would ease. However, the benefits will not be passed directly to passengers. S&P 500 Passenger Airlines Index jumped up to 5%, reaching an all-time record. It is now up 13% from its June 12 close. This was the day after U.S. announced a peace deal with Iran. The benchmark S&P has dropped by 0.5% during that period. Brent crude futures dropped below $74 per barrel on Wednesday amid...

In a London court document, the Baltic Exchange defended the flagship oil 'tanker benchmark' saying that it accurately reflected the market conditions during the U.S. - Israel conflict with Iran, despite the?disruption of the Strait of Hormuz. The benchmark is used to 'price and settle billions in freight trades around the world. Its reliability is at issue with Mercuria, one of the largest commodity traders in the world, who claims it has mispriced market. Mercuria filed a court document on April 30 stating that it was suing the Baltic Exchange for losses caused by incorrect pricing data. The company claimed...

U.S. airlines stocks rose from 3% to 7% on Wednesday, after crude oil prices dropped to their lowest level since before the Iran War. This has raised hopes that the pressure on carrier's earnings will ease. However, the benefits won't be passed to passengers right away. The S&P 500 Passenger Airlines Index has risen as much as 5%, to an all-time record high. It is now up almost 13% from its close on June 12, when the U.S. announced that it had reached a peace deal with Iran. In that period, the benchmark S&P?500 index has fallen by 0.5%. Brent...

A'security source' said that nothing indicated sabotage. After one of the largest incidents in the history of the country, train services were resumed Wednesday. The incident affected passengers on regional and long-distance trains as well some local transport networks. The scheduled replacement of a technical component appears to be the cause of the disruption yesterday of the GSM-R system digital railway radio, according to Philipp Nagl of Deutsche Bahn Infrastructure. He added that "we are analysing how this disruption occurred as a matter a highest priority" in a statement. A security source stated that despite repeated warnings by intelligence agencies...